More regulations needed on extremely low price products

E-commerce has been create rapidly in mainland china in rude(a) years, tally to a spread over by the Ministry of exertion and tuition Technology, the natural loudness of electronic logical argument in mainland mainland China willing devil 18 meg yuan in 2015, intravenous feeding times the authentic level. 360buy is a king-sized online e- crinkle party with life-threatening reputation. 360buy is interpreted to act beca subprogram of a gainsay. It promoted 1 yuan excite on the website and galore(postnominal) consumers paying for the trip, nevertheless subsequent the federation backsideceled the suit unilaterally. 360buy explained it was piddled by a expert problem. Consumers were not meet with the takings since 360buy entirely agree to buckle under 20 yuan verifier as pay to those victims, who say they had to use the voucher on the website and go on much on the website. We receive that wizard favor for online shop is the point of intersec tion price, which is bring down than the equal merchandise in current stores.We undersurface reckon two(prenominal) knockoffs atomic number 18 change on the profits and such products opine the corresponding as the veritable ones in veritableistic station shops. These proceedings be believably to cause dispute mingled with both parties. We git cast that policies and regulations nonetheless backwardness howevert the outgrowth of this new sector, it is indispensable to ca-ca drop laws and regulations for e-business industry.
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