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Why We Ban Goods Transaction On Social Media - Indonesia Govt.

POSTED ON September 27, 2023 •   GLOBAL NEWS      BY Samuel O . Adeniyi

The Indonesian government has banned goods transactions on social media platforms, in a move to protect traditional retail and support the country's digital economy.

The ban, which was announced on September 27, 2023, will take effect immediately. It applies to all social media platforms, including Facebook, Instagram, Twitter, and TikTok.

Under the new regulations, social media platforms will only be allowed to host online marketplaces where sellers can display their products and services.

However, they will not be allowed to facilitate direct transactions between buyers and sellers.

The Indonesian government says that the ban is necessary to protect traditional retailers from unfair competition from online retailers.

The government also says that the ban will help to support the country's digital economy by ensuring that all online transactions are processed through authorized e-commerce platforms.

The ban has been met with mixed reactions from social media users and businesses. Some users have welcomed the move, saying that it will help to create a fairer and more level playing field for all businesses.

Others have criticized the ban, saying that it will stifle innovation and hurt small businesses that rely on social media to sell their products.

Some businesses have also expressed concerns about the ban. For example, TikTok, which is one of the most popular social media platforms in Indonesia, has said that the ban will have a negative impact on its business.

The Indonesian government has said that it is committed to working with social media platforms to implement the new regulations. The government has also said that it will provide support to traditional retailers to help them transition to online sales.

It remains to be seen how the ban will be implemented and how it will impact the Indonesian economy.

However, it is clear that the Indonesian government is serious about protecting its traditional retail sector and supporting its digital economy.

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