TCC to Tighten E-Commerce Regulations to Ensure Fair Competition

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by Natthaphon  Sangpolsit

 

BANGKOK (NNT) - The Trade Competition Commission (TCC) is planning to increase its focus on e-commerce platforms this year to ensure fair competition and protect consumers.

 

The e-commerce sector has been seeing significant growth of around 10% annually. Last year, the industry was valued at 4 trillion baht. With key e-commerce players expanding into advertising, payment services and logistics, the TCC is paying closer attention to the impact it is having on other players in the industry.

 

TCC Chairperson Sakon Varanyuwatana said 71 complaints related to trade competition were filed last year, with e-commerce operators receiving the most complaints.

 

The majority of these complaints involved abuse of dominance as well as unfair trade practices and agreements.

The TCC will also tighten regulations on business mergers that could lead to market domination, particularly in the technology sector.

 

-- © Copyright NNT 2022-02-26

 

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