Thailand Makes Moves To Regulate Digital Service Platforms Thailand

Currently, numerous digital platform service providers are functioning as online intermediaries, covering various types and forms of businesses, and they have become increasingly crucial to Thailand's economy. The Thai government is increasingly acting to regulate and oversee these service business activities as an overall policy to ensure financial and commercial stability and enhance trust, safety, and consumer protection.

A Royal Decree (Decree), promulgated in Thailand on 22 December 2022 under the Electronic Transaction Act B.E. 2544 (2001) (ETA) and will become fully effective 240 days after the promulgation date, which will be on 30 August 2023.

The definition of "digital platform service" under the Decree is "the provision of a digital service platform as a medium where operators on the platform and consumers are connected through a computer network to facilitate electronic transactions." The definition is broad, so most digital platforms providing services