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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)
September 26th, 2023 | 09:03 AM | 3625 views
JAKARTA
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.
Source:
courtesy of THE JAKARTA POST
by Ruth Dea Juwita (The Jakarta Post)
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