IT & E-Commerce Laws


IT & E-Commerce Laws

Electronic commerce, commonly known as e-Commerce, refers to the Internet based industry of buying and selling products or services via electronic means. E-Commerce uses a combination of Internet technology, mobile commerce, electronic funds transfers, escrowing services, electronic data interchange, supply chain management, inventory management systems, Internet marketing, data collection systems, and many other technologies and innovative business systems. Most, if not all, e-commerce transactions use the Internet for at least one point of the transaction.

Concerns:

  • Online payment and receipt of money is essential for the successful establishment of a digital society. In a digital economy payments are managed in an online environment with minimum human interaction. At the same time digital currency management requires compliance with certain techno legal requirements that include compliance with cyber law, e-commerce law, foreign exchange management and export and import regulations. An online payment platform is also required to be made secure from cyber attacks and cyber crimes that are very common these days.
  • E-commerce presents extraordinary opportunities for doing businesses and reaching global markets. However, the exponential growth of the Internet and online activities raise numerous regulatory and legal concerns related to intellectual property protection, contractual rights and obligations, privacy, data security breaches, jurisdictional issues and competition.
  • Protection of intellectual property assets, domain name disputes, consumer privacy and data security, ADA website compliance and online marketing are all issues that warrant detailed consideration and should be discussed with an experienced e-Commerce lawyer.