{"id":86419,"date":"2020-01-09T15:04:25","date_gmt":"2020-01-09T09:34:25","guid":{"rendered":"http:\/\/factly.forumias.com\/?p=12815"},"modified":"2020-01-09T15:04:25","modified_gmt":"2020-01-09T09:34:25","slug":"cci-releases-market-study-on-e-commerce-in-india","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/cci-releases-market-study-on-e-commerce-in-india\/","title":{"rendered":"CCI Releases \u2018Market Study on E-commerce in India\u2019"},"content":{"rendered":"\n<p><strong>News:<\/strong>The Competition Commission of India(CCI) has released a Report titled \u2018Market Study on E-commerce in India: Key Findings and Observations\u2019.<br><\/p>\n\n\n\n<p><strong>Facts:<\/strong><br><\/p>\n\n\n\n<p><strong>Key takeaways from the study:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The E-Commerce Sector was established in 2009.However, the sector gained momentum in 2014.&nbsp;<\/li><li>In 2017, the sector held 3,500 million USD investment.There are around 4757 E-commerce start-ups in India today in 2019.<\/li><li>The revenue from the E-Commerce sector is growing at the rate of around 51%.&nbsp;<\/li><li>In July 2018, the number of online transactions in the E-Commerce sector was 1 million to 1.2 million per day.<\/li><\/ul>\n\n\n\n<p><strong>Problems in the E-Commerce Sector:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Deep Discounting<\/strong>:The study said that in e-commerce platforms,deep discounting was the key factor influencing competition.The discounts are so high that it impairs the ability of brick and mortar players to compete in the market.<\/li><li><strong>Contract Terms<\/strong>:The study has also found that online platforms exercised superior bargaining position by imposing unfair contract terms on sellers.<\/li><li><strong>Data Collection:<\/strong>There is also a lack of transparency on the data that is collected on the platforms and shared with third-party entities.<\/li><li><strong>Manipulation:<\/strong>The study has also noted that there are three elements which are susceptible to manipulation by E-commerce platforms namely the search results, sellers\u2019\/service providers\u2019 data and user review\/rating mechanisms.<\/li><\/ul>\n\n\n\n<p><strong>Recommendations to E-commerce Companies:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>To reduce information symmetry and increase transparency.This will increase competition among the stakeholders<\/li><li>To set out terms and conditions that will prevent the business users from influencing search ranking.&nbsp;<\/li><li>To set up a transparent policy on data collection of customers, product rating policies.<\/li><\/ul>\n\n\n\n<p><strong>Additional information:<\/strong><br><\/p>\n\n\n\n<p><strong>About Competition Commission of India:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Competition Commission of India is a statutory body of the Government of India established in 2003.<\/li><li>The commission is responsible for enforcing the Competition Act,2002 throughout India and to prevent activities that have an appreciable adverse effect on competition in India.<\/li><li>CCI consists of a Chairperson and 6 Members appointed by the Central Government.<\/li><\/ul>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>News:The Competition Commission of India(CCI) has released a Report titled \u2018Market Study on E-commerce in India: Key Findings and Observations\u2019. Facts: Key takeaways from the study: The E-Commerce Sector was established in 2009.However, the sector gained momentum in 2014.&nbsp; In 2017, the sector held 3,500 million USD investment.There are around 4757 E-commerce start-ups in India&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/cci-releases-market-study-on-e-commerce-in-india\/\">Continue reading <span class=\"screen-reader-text\">CCI Releases \u2018Market Study on E-commerce in India\u2019<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3127],"tags":[3339,3293],"class_list":["post-86419","post","type-post","status-publish","format-standard","hentry","category-economy","tag-cci","tag-e-commerce-sector","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704590553},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86419","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=86419"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86419\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=86419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=86419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=86419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}