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The relaxation of the "refund only" policy has, to a certain extent, balanced the rights and interests of consumers and merchants. In the past, overly strict or loose refund policies could lead to dissatisfaction and disputes between the two parties. Today's adjustments are aimed at creating a more fair and reasonable trading environment for both parties and promoting the healthy development of the consumer market.

The improvement of the price comparison system allows consumers to more clearly understand the price advantages and cost-effectiveness of products. In the past, the complicated and chaotic price comparison system often confused consumers and made it difficult to make wise purchasing decisions. The new price comparison system helps consumers quickly find the most suitable option among many products through more intuitive and accurate display.

These changes not only bring new opportunities to e-commerce platforms, but also have a profound impact on the entire e-commerce ecosystem. For merchants, a fairer trading environment and clear price comparisons have prompted them to improve product quality and service levels to attract more consumers. At the same time, it has also encouraged merchants to innovate their business models and improve their market competitiveness.

For consumers, they can enjoy a better shopping experience. The more reasonable "refund only" policy protects their own rights and interests, and the improved price comparison system makes consumption more rational and wise. This helps to enhance consumers' trust and dependence on e-commerce platforms and further promote the prosperity of the e-commerce market.

However, in the process of change, there are also some challenges and problems. For example, some merchants may take advantage of new policy loopholes to engage in unfair competition, or consumers may misjudge due to insufficient understanding of the new price comparison system. Therefore, e-commerce platforms need to strengthen supervision and guidance to ensure that these changes can truly play a positive role.

In general, loosening the "refund only" policy and improving the price comparison system are important measures for e-commerce platforms to get out of the low-price quagmire and achieve sustainable development. But this is just a beginning, and it needs to be continuously optimized and improved in the future to adapt to market changes and consumer needs.