Indonesia bans goods transactions on social media platforms. Here’s why ...Middle East

Indonesia has banned goods transactions on social media platforms in a new regulation, its trade minister said Wednesday, as Jakarta aims to rein in direct sales by major tech firms it says are harming millions of small businesses. Zulkifli Hasan, Minister of Trade of Indonesia, is seen. (AFP) Government officials in recent weeks called for social media and e-commerce to be decoupled, targeting platforms they say engage in monopolistic practices that threaten offline sellers, with some specifically blaming Chinese-owned short video app TikTok. “This trade regulation has been in force (since yesterday),” Trade Minister Zulkifli Hasan told a press conference in the capital Jakarta. He

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