Certain type of Flash sales proposed to be banned with the new e-commerce rules

[Bapun]

https://twitter.com/x/status/1406995232089022465

Source

 

[Prithi Deb]

Flash Sales Ban And Other Proposed Changes To E-Commerce Rules

The proposed amendments to the rules aim to bring transparency, strengthen the regulatory regime, protect consumers' interests, and encourage free and fair competition, a government statement said.

www.ndtv.com

 

[iDJ]

Aka fake hyped sales. I don't get how they got away with it for so long. These OEMs enhanced their brands with artificial shortages. Now it won't even matter much as they are already famous.

 

[piinku1]

I do not know why govt want to control everything these days instead of providing competitive environment??

 

[bandelguy]

I do not know why govt want to control everything these days instead of providing competitive environment??

Well, you live in a Socialist country where the government acts as your big Daddy and Nanny.

 

[Siva]

It's not for all the flash sales. Specific to certain type only.

"Certain e-commerce entities are engaging in limiting consumer choice...wherein one seller selling on platform does not carry any inventory or order fulfillment capability but merely places a 'flash or back-to-back' order with another seller controlled by platform," the Ministry said, proposing a ban on certain kinds of flash sales.

"This prevents a level playing field and ultimately limits customer choice and increases prices."

The government's statement clarified that conventional flash sales by third party sellers are not banned on e-commerce platform.

 

[piinku1]

Well, you live in a Socialist country where the government acts as your big Daddy and Nanny.

It is not good for us. We are always in loss for the govt policy.

 

[bandelguy]

If the government is trying to be socialist, people have problem, if the government is trying to open up the economy and privatise certain sectors, people have a problem.

Some people will always bitch about the functioning of our Central Government, be it anyone in the power.

 

[piinku1]

Problem is that Govt never open up.They just pretend to open up by helping some particular company or selling some PSUs last 10 years