Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizens, soft media users 1520111, Alejandro86 for the delivery of clues! CTOnews.com, October 12 (Xinhua) following Indonesia, Malaysia is also considering introducing restrictions on e-commerce transactions on social platforms, local media such as detikFinance reported on Monday.

Fhami Fadzil, Malaysia's minister of communications and digital, said the government was considering a policy similar to that of Indonesia: banning e-commerce transactions on social media platform TikTok. In terms of details, because he received public complaints about buying and selling transactions on TikTok Shop. He added that the move was being considered in response to growing concerns about the pricing and data privacy of the platform.

Earlier, according to media reports such as the Malay Post, several large stores in Malaysia complained about the prices of products on TikTok Shop, accusing TikTok of "predatory pricing" on local entrepreneurs.

CTOnews.com note: "predatory pricing" means that companies sell products at very low prices in order to eliminate competitors and prevent potential new entrants.

The Malaysian government will ask TikTok to explain the disputes. "I think TikTok needs to clarify because 'concern about predatory pricing posing a threat to local entrepreneurs' is one of the reasons why it is banned in Indonesia," Fhami Fadzil said.

Fhami also stressed that TikTok should explain the protection of personal data-which is also a concern for users when shopping on the platform. " I believe that all social media platforms will study the behavior of users, what we like, what we share, what we buy, what we watch. Therefore, the government should study some issues, especially those related to consumers and personal data protection. I will call TikTok 'immediately' to discuss the matter. "

CTOnews.com previously reported that Indonesia's Ministry of Trade said at the end of last month that it was working to regulate the e-commerce market, adding that trading on social media platforms was prohibited.

"We stipulate that promotions can only be carried out on social media, but no transactions can be made," Indonesia's trade ministry said. "

This means that Indonesian users cannot buy or sell products and services on social media platforms such as TikTok and Facebook. The Ministry of Trade said it banned social media from doubling as an e-commerce platform to prevent misuse of public data.

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