E-commerce or electronic commerce means doing business online. This involves buying and selling products with use of the Internet. eCommerce is a trading mode that involves Internet technologies.
eCommerce involves following legal issues:
- Consumer protection
- Jurisdiction matters
- Electronic contracts
- Electronic signatures
- Intellectual property violations
- Shopping Websites
- Privacy Policies
Following are the Governmental regulation on eCommerce in the world:
- Federal Trade Commission (FTC)
- The CAN-SPAM Act of 2003
- Section 5 of the FTC Act prohibits unfair or deceptive practices. any corporate privacy policy related to e-commerce activity may be subject to enforcement by the FTC.
- The Ryan Haight Online Pharmacy Consumer Protection Act of 2008
- Conflict of Law
- Conflict of laws in cyberspace is a problem for e-commerce around the world. For Uniformity many countries adopted the UNCITRAL Model Law on Electronic Commerce (1996)
- Internationally there is the International Consumer Protection and Enforcement Network (ICPEN)
- There is also Asia Pacific Economic Cooperation (APEC)
- In Australia, Trade is covered under Australian Treasury Guidelines for electronic commerce
- In the United Kingdom, The Financial Services Authority (FSA) was formerly the regulating authority for most aspects of the EU’s Payment Services Directive (PSD) and now Prudential Regulation Authority and the Financial Conduct Authority 2013
- In India, the Information Technology Act 2000 governs the basic applicability of e-commerce.
- In China, the Telecommunications Regulations of the People’s Republic of China stipulated the Ministry of Industry and Information Technology (MIIT) as the government department regulating all telecommunications related activities, including electronic commerce
Jusris Logium deals with all legal issues involved in e commerce and trade online. We also assist in drafting online trade contracts
