SHANGHAI, Aug 23 (Reuters) - China proposed rules for
internet platform pricing on Saturday, seeking public comment
after a raft of complaints by merchants and consumers of unfair
or misleading pricing by big platforms.
The draft rules for platforms selling goods or services are
meant to encourage price transparency and fairness, the National
Development and Reform Commission said in a statement.
Those operating on such platforms shall "agree on and change
prices through standardised means such as contracts and orders,"
the commission said.
The rules require platform operators and merchants to
"adhere to clear pricing regulations, increase the transparency
of pricing rules and promptly disclose fee changes to better
accept public oversight", it said.
Merchants have accused the mega platforms of unfairly
manipulating prices to bump up sales, while consumers have
complained of misleading pricing.
In 2021 Alibaba ( BABA ) was fined a record $2.75 billion for
anti-monopoly violations, a decision the firm said it accepted,
while e-commerce leaders this year have brushed off regulatory
risk as they fight price wars in "instant retail", where
delivery can be as quick as half an hour.
The rules will be open for public comment for a month.