Govt wants e-commerce sector to run in a more disciplined way; Tipu Munshi
DHAKA, Sep 26, 2021 (BSS) - Commerce Minister Tipu Munshi today said the
government wants the e-commerce sector would run in the country in a more
disciplined way shrugging off recent anomalies by some companies.
"The e-commerce sector gained a fast expansion in the country during the
COVID-19 pandemic period beyond our expectations. Although some e-commerce
companies have tempted common people in a big way, but the consumers should
have remained more cautious," he said.
Tipu also said, "We don't want to keep aside our responsibilities. Rather
we want that this e-commerce sector operates in a more disciplined way,"
The Minister said this while addressing a workshop as the chief guest on
role of the Economic Reporters Forum (ERF) towards creating fair competition
environment in the market through implementation of the Competition Law held
at the office of the Bangladesh Competition Commission in the Capital's
Presided over by the Chairperson of Bangladesh Competition Commission Md
Mofizul Islam, its member Dr AFM Monjur Kadir gave the address of welcome
while Commission member GM Saleh Uddin made a power-point presentation on the
overall aspects of the Commission.
Commission member Nasrin Begum, ERF President Sharmeen Rinvy and general
secretary SM Rashidul Islam also spoke while Commission adviser Barrister
Mafruha Murphy made a power-point presentation.
Speaking on the occasion, the Commerce Minister said although the
Commission is still nascent, but it is moving ahead with a specific goal. "It
also needs more association with the concerned stakeholders to turn itself as
a more proactive entity,"
Highlighting various attainments of the government over the last 13 years,
Tipu said that the per capita income of Bangladesh has increased than the
past while the purchasing power of people also witnessed an uptrend.
He said in line with this, some companies cheated with people adding that
the media would have to play its due role in creating awareness among people
so that the common people are not cheated falling victims of gaining
Turning to the recent incidents of cheat by some e-commerce firms like
Evaly, e-Orange, Tipu said that Evaly offered people of selling motorbikes of
Taka 2.50 lakh at a surprisingly lower price of Taka 1.50 lakh, which was
He said such companies' tempted people giving exciting offers in such way
that it was tough to resist the people from being cheated.
The Commerce Minister also noted that the promising e-commerce sector
could not go backwards for the fault of some 10 to 15 companies.
He also sought cooperation of all stakeholders for enforcement of the
concerned policy in this regard adding that the Ministry of Finance,
Bangladesh Bank, and other concerned stakeholders would have to come forward
to frame the necessary guidelines for this sector.
Tipu said that the assets of MLM companies like Jubok, Destiny have
appreciated over the period and it is possible to compensate 50 to 60 percent
of the losses of the affected clients of those companies if their assets are
sold out. "But, the whole matter lies with the court,"
He said the Competition Commission is necessary to curb corruption adding
that the Commission would have to look where fair competition is eroding.
"They (Commission) will also have to aware people."
Bangladesh Competition Commission Chairperson Md Mofizul Islam said that
if there is fair competition in the market, then the economic growth would be
accelerated while it would also become sustainable.
Answering to a question, he informed that they are competent enough to
discharge their duties although they are not well-equipped now.
Mofizul said despite numerous challenges, they are trying to strengthen
further the Commission through increasing manpower with the rolling out of
He told another questioner that they filed a case against Evaly in
November last year and had also stopped one of their Dhamaka offers to ensure
fair competition in the market.
Formed in 2016, the full-fledged Bangladesh Competition Commission started
its work from March 2020.