The competition commission of India (CCI) encouraged ecommerce companies including Amazon and Flipkart this week to use self-regulation to solve issues of search rigging, reviews, deep discounting, fake goods and to uphold seller interests.

Stakeholders questioned the merit of allowing ecommerce companies to self-regulate to solve unfair practices that have been adopted by the very same companies.

He demanded that the government should constitute a regulatory authority for ecommerce companies.

Note any possibility of influencing the ranking through direct or indirect remuneration paid by business users to the company.

The statutory body also has the authority to scrutinise the contract terms between ecommerce companies and sellers. | To read full story, visit https://startuparound.com/read/1578634208.727187/CCI’s-Self-Regulation-Relief-For-Ecommerce-Upsets-Traders’-Bodies?ref=audio_experience