Malaysia Finalising Rules For Cross-Border E-Commerce Platforms
Malaysia's MCMC is working with the trade and finance ministries and customs to finalise a regulatory framework for cross-border e-commerce platforms. The goal is to level the playing field for local businesses and protect consumers, though the terms and effective date have not been announced.
- MCMC already holds licensing powers over e-commerce platforms in Malaysia
- KPDN is studying how cross-border marketplaces should be regulated
- The move follows local retailers' complaints about Pinduoduo's low prices
- Product safety enforcement stays with the relevant product authorities
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