China bans e-commerce platforms from forcing lowest prices or abusing algorithms

Source: Tech – South China Morning PostChina has unveiled new rules to rein in aggressive pricing tactics by online platforms, prohibiting e-commerce operators from forcing merchants to offer discounts or setting different prices based on user demographics without consent.
The 29-article regulation – jointly issued over the weekend by the National Development and Reform Commission, State Administration for Market Regulation (SAMR), and Cyberspace Administration of China – lays out detailed compliance requirements that target several…Read More

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