Govt Proposes Licensing Regime For E-Commerce Platforms Under New Bill
The government is proposing to introduce a licensing regime for e-commerce platforms operating in Malaysia, including those based overseas that offer services to local consumers. The proposal is part of the upcoming E-Commerce Bill, which aims to strengthen oversight of online marketplaces, protect consumers, and ensure fairer competition for local businesses. The move follows the […] The post…
The Malaysian government is proposing to introduce a licensing regime for e-commerce platforms, both local and overseas, as part of the upcoming E-Commerce Bill, according to a report by Lowyat.NET. The move aims to strengthen oversight of online marketplaces, protect consumers, and ensure fairer competition for local businesses, following complaints from micro, small, and medium enterprises (MSMEs) about unfair competition from foreign e-commerce companies.
The proposed legislation, to be introduced at the next parliamentary sitting, will cover consumer protection, the responsibilities of online marketplace operators and vendors, efficient dispute resolution mechanisms, and alignment with international model laws.
Brief written by urgent.news from Lowyat.NET's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
