Indonesia bans e-commerce transactions on social media

Indonesia has implemented a ban on e-commerce transactions on social media platforms, primarily affecting TikTok and its shopping platform. The government aims to protect traditional retail and small businesses from predatory pricing on social media platforms. The regulation also requires e-commerce platforms to set a minimum price for certain items and to meet local standards.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/HY6dJlP

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