HEADLINE-REGULATIONS | Government to ban social commerce transactions

Shoppers and vendors mill around Tanah Abang wholesale market in Central Jakarta on June 15, 2020 during COVID-19 pandemic. Sellers have reported significant losses amid growing popularity of social commerce, especially TikTok.(JP/Dhoni Setiawan)

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The government plans to prohibit social media companies from allowing users to conduct e-commerce transactions on their platforms.

A draft for the amendment of Trade Ministry Regulation No. 50/2020 defines social commerce as the provision of features by social media platforms that enable merchants to offer goods and services.

The bill, a draft of which was obtained by The Jakarta Post, stipulates three key points concerning social commerce, or the provision of e-commerce services by social media platforms.

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to Read Full Story- Click to read: https://www.thejakartapost.com/business/2023/09/25/government-to-ban-social-commerce-transactions.html.

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Ruth Dea Juwita
The Jakarta Post- PREMIUM
Jakarta
●   Mon, September 25, 2023

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