A PYMNTS Company

India: CCI releases market study on e-commerce

By  |  January 13, 2020

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).

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The 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.

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    The insights gained from the study will inform antitrust 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.

    Full Content: Fibre2Fashion

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.