E-Com Regulations

The Parliamentary Standing Committee on Commerce, under the chairmanship of V Vijayasai Reddy, has come out with a report on promotion and regulation of E-Commerce in India. The report has stated that at present the FDI policy is only limited to addressing anti-competitive practices in the e-marketplace such as self-referencing, lack of platform neutrality, deep discounting, exclusive agreements and preferential treatment to selected sellers. Therefore, there is a need to work out a comprehensive framework that regulates e-commerce and include it in the National E-Commerce Policy.