Home / Knowledge / News / Textiles / CCI releases market study on e-com in India

CCI releases market study on e-com in India

13
Jan '20
Pic: Shutterstock
Pic: Shutterstock
Ensuring competition on the merits to harness efficiencies for consumers, increasing transparency to create incentive for competition and to reduce information asymmetry and fostering sustainable business relationships between all stakeholders are the enforcement and advocacy priorities in the e-commerce sector for India’s Competition Commission of India (CCI).

CCI arrived at this conclusion after conducting a market study on e-commerce, which started in April 2019 and whose report was released recently. The objective was also to identify impediments to competition, if any, emerging from e-commerce and to ascertain CCI’s enforcement and advocacy priorities in light of the same, according to an official release.

The insights gained from the study will inform anti-trust enforcement in these markets. Bargaining power imbalance and information asymmetry between e-commerce marketplace platforms and their business users are at the core of many issues that have come up in the study.

Without a formal determination of violation of competition law, improving transparency over certain areas of the platforms’ functioning can reduce information asymmetry and can have a positive influence on competition outcomes, the study found.

The report enumerates certain areas for self-regulation by e-commerce marketplace platforms to reduce information asymmetry and promote merit-based competition.

CCI has urged e-commerce platforms to put in place transparency measures like search ranking; collection, use and sharing of data; an user review and rating mechanism; revision in contract terms and a transparent policy on discounts.

Fibre2Fashion News Desk (DS)


Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 25th Jan 2021

Full labour rights implementation by Dhaka key to EU GSP+

Experts in Bangladesh feel the country should fully implement labour...

Pic: Shutterstock

Textiles | On 25th Jan 2021

PRC economy up by 2.3% in 2020: NBS

The Chinese economy grew by 2.3 per cent last year, with major...

Pic: Shutterstock

Fashion | On 25th Jan 2021

Boohoo buys Debenhams brand, website, but not its stores

Boohoo has reportedly purchased Debenhams brand and website for £55...

Interviews View All

Jim Desai, Blaiva Fabricaa

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Textile Industry, Head honchos

Textile Industry
Head honchos

Trade buzz: This could be a landmark budget

Subhashini Srinivasan, The S Studio

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Suresh P Bagrecha,

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Marcello Galvanin,

Marcello Galvanin

Galvanin has more than 50 years of experience in the production of textile ...

Tom,

Tom

<div>Inkbank is a leading supplier of inkjet inks and inkjet printing...

Pierre Wiertz, EDANA

Pierre Wiertz
EDANA

EDANA, the international association serving the nonwovens and related...

Chunyi Zhi, City University of Hong Kong

Chunyi Zhi
City University of Hong Kong

<div><b>Chunyi Zhi</b>, associate professor in the Department of Materials ...

Thomas Ong P S, NanoTextile

Thomas Ong P S
NanoTextile

Malaysian company NanoTextile Sdn Bhd taps into the potentials of...

Adriano Goldschmied, AG Jeans

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

Sonam & Paras Modi, SVA

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Suman Nathwani, Suman Nathwani

Suman Nathwani
Suman Nathwani

<span style="font-size: 12px;">Designer Suman Nathwani talks about her...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


January 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search