India’s latest draft Policy on e-commerce contains steps that can help local start-ups and impose government supervision on the companies handling information. For the past two years, the government is working on a policy with demands to reduce the dominant position of global technology companies such as Amazon, Google, and Facebook.

The proposed rules will also require public access to the source codes and algorithms of online companies which the Ministry claims will help to combat competitive digitally-induced bias. The draft also talks about the use of artificial intelligence to check that e-commerce firms have ‘explainable AI’.

Within 72 hours, e-commerce firms will have to report details to the government, which could include information on national security, taxes, and laws and regulations.

The draft policy also notes that e-commerce sites will provide consumers with sellers’ information, including telephone numbers, connections to customers’ concerns, e-mail addresses. The policy notes that for imported products there is a strong indication of the country of origin and the value of the work done on the products in India.

Moreover, international e-commerce companies offering live streaming services using the payment tokens should be regulated so as to provide consumers with structured, controlled payment channels to perform these transactions.

The post India’s E-Commerce Draft Policy to tighten up rules for Amazon, Google appeared first on Insights Success.