By THE NATION
Chairperson Sakon Varunyuwatana said the commission would decide if new rules are needed in governing the fast growing e-commerce sector.
However, if new regulations are to be issued, the commission would ensure that they will not have a negative impact on growth of the sector, he said.
The business has high value with most of the trading platforms located abroad.
He said while the government promotes the e-commerce industry, there are reports of small online shops being taken advantage of by dominant players, adding that the commission will study the business structures of both local and foreign operators.
According to the Electronic Transactions Development Agency, the value of e-commerce market in Thailand is expected to reach Bt3.80 trillion this year, up 20 per cent year on year.
Sakon said the commission had set up a taskforce to closely monitor the trend of merger and acquisition next year.
Under trade competition law, companies need the commission's approval for such a move.