Notwithstanding these security measures, it is still possible to compromise data in transit through techniques such as phishing or man-in- the-middle attacks (Desmedt, 2005). Authentication is a means by which both parties in an online transaction can be confident that they are who they say they are and non-repudiation is the idea that no party can dispute that an actual event online took place. So, to recap, electronic commerce, or e-commerce, is the buying and selling of goods or services over a computer network. All trade and commerce are operated in a physical world and in terms of tangible goods. E-commerce is a popular term for electronic commerce or even internet commerce. Further to the fundamental maxims of eCommerce above, eCommerce providers must also protect against a number of different external security threats, most notably Denial of Service (DoS). It is generally regarded as the sales and commercial function of eBusiness. Normally, a mark for goods appears on the product or its packaging, while a service mark appears in advertising for the services. m-commerce is originally developed on the lines of e-commerce. Making decisions about legal matters is about how comfortable you are with risk. Judith is CEO and Founder of her virtual law practice, Coollawyer Legal Forms, which provides e-commerce forms and legal advice for Internet … In March 2008, the Irish online jobs board, jobs.ie, was compromised by criminals and users’ personal data (in the form of CV’s) were taken (Ryan, 2008). Companies tr… You can find information at www.ftc.gov. You don’t want to use a name which is someone else’s trademark, as they could sue you to stop your use, including taking the domain name. that you may disclose users’ identities to government authorities upon request (there have been law suits to prevent this, or as a result of this). More information on copyright is available in the Intellectual Property Primer. One of the key developments in e-commerce security and one which has led to the widespread growth of e-commerce is the introduction of digital signatures as a means of verification of data integrity and authentication. If you think that you can buy everything online then it is … E-commerce is commonly known as electronic commerce and now already become a virtual main street of the world. This regulation like the consumer protection (distance selling) regulation is also out to protect the interest of consumers like john and as such made certain provisions as to the enforceability of this ri… So it can be said that m-commerce is a part of e-commerce. Just because there is risk does not mean that it isn’t a good business for you. If you make huge revenue with a high risk business, you could decide that the money is worth the risk. As it stand today, the Bill deals with only commercial and criminal areas of law. This industry is brutal and demands businesses to arm themselves with the state-of-the-art solution to ⦠When trying to determine whether you’ve picked a good name in relation to others’ marks, remember that the point of trademark law is to prevent consumer confusion about the source of goods or services. Various applications of e-commerce are continually affecting trends and prospects for business over the Internet, including e-banking, e-tailing and online publishing/online retailing. Why Incorporate? Home; Explore; Successfully reported this slideshow. For more information, see Site Use Agreements – Is Your Site Safe? The financial services sector still bears the brunt of e-crime, accounting for 72% of all attacks. A 2018 Deloitte report found that almost 90% of companies with annual revenues of over $100 million are…, by Eamonn O’Raghallaigh …continues from Part 1. society. Keywords: business ethics, e-commerce, ethical issues, ethical implementation in e-commerce, Millenial Company. technology. If you don’t secure it, it won’t take long before you’ll realize your trademark is being infringed upon. OECD Observer: Sections » Economy . It is not just about an e-commerce website getting hacked – the fire could start in any corner. Clickwrap Agreement for Users: An agreement with your users as part of the purchase process gives you a legal remedy (for breach of contract) to ensure: Historically, if the steps outlined in case law have been followed, these agreements have been upheld as binding. compares similar items for price, delivery date or any other terms. Following are the marketing areas where we seek scope of e-commerce: (i) Marketing, sales and sales promotion. Your are not required to register works to have copyright protection, however if you do register your materials, you preserve the fact that they are yours as of the date of registration, and you gain more rights under Copyright law, such as being able to win attorneys’ fees and, sometimes, higher damages. A data hash or checksum, such as MD5 or CRC, is usually sufficient to establish that the likelihood of data being undetectably changed is extremely low (Schlaeger and Pernul, 2005). Yet for online retailers, going global and connecting to consumers in different countries remains a challenge. This is a very good system for electronic transactions, since two stranger-parties, perhaps living far apart, can confirm each other’s identity and thereby reduce the likelihood of fraud in the transaction. Privacy E-commerce business in India has a tremendous scope and the future of e-commerce looks really lively. While these protections are in place, legal and ethical issues arise because the majority of consumers are either unaware of such protections or cannot bothered to report petty offences. The three legal issues I will discuss are: 1. International disputes and jurisdiction, 2. technology. A "tm" on a product indicates unregistered (common law) trademark rights, and an "®" indicates a registered mark. society. In a study by Lauer and Deng (2008), a model is presented linking privacy policy, through trustworthiness, to online trust, and then to customers’ loyalty and their willingness to provide truthful information. Also, if you plan to receive investment in your company, have employees, and grow to be more than a one-person show, incorporation is an important step that helps promote these future goals. In fact, many people don't have a bad experience with online credit card payments at all, yet still proceed with caution. The growth around this area has been great. Academia.edu is a platform for academics to share research papers. eCommerce has undeniably an important part of our everyday life. It is generally regarded as the sales and commercial function of eBusiness. Data integrity is the assurance that data transmitted is consistent and correct, that is, it has not been tampered or altered in any way during transmission. E-commerce raises the issue by the fact that one or more of the parties involved in the commercial activity may be located in different jurisdictional areas. The trademark act, or "Lanham Act", 18 USC Sec. Essay on the Scope of E-Commerce: There is high scope of e-commerce in each aspect of business, at present it is in the embryonic stage but in future e-commerce would be the part of day to day activity of business firms. However, it must be legal, feasible, effective and innovative. Predictive analytics hasn’t just changed the game for marketers, it has fundamentally reinvented it. Plus, of course, incorporating makes you look more professional, and often helps with your taxes. While a clickwrap agreement will not change the merchant bank policy, it will give you a way to go after the purchaser and demand payment under the contract. Based on jurisdiction and time, the law varies and changes. Your e-commerce business is vulnerable to online security breaches and cyber-attacks. We asked Simon Woodside of OECDâs Fiscal Affairs division to explain. E-COMMERCE IN DEVELOPING COUNTRIES: ISSUES AND INFLUENCES Alev M. Efendioglu, University of San Francisco Vincent F. Yip, ... bottlenecks and without necessary resources to set up e-commerce systems), imperfect legal system, and lack of large scale telecommunication transmission capability (broadband). Many of the early EDI experiments, and even production systems went into operation without any legal interchange agreement between trading partners, between VANs and their customers. While incorporation protects you in many regards, it does not protect you from any criminal charges by you or the corporation, which can come into play if, for instance, you run an adult or gambling business on the Internet. twelfth edition Kenneth C. LaudonKenneth C. Laudon Carol Guercio TraverCarol Guercio Traver business. If you’re starting a business on the Web, there are important legal issues to consider. Internet businesses have a legal obligation to protect the private information of their customers. Looking at the real-time responses of users to this event on the popular Irish forum, Boards.ie, we can see that privacy is of major concern to users and in the event of their privacy being compromised users become very agitated and there is an overall negative effect on trust in e-commerce. to modify the work (create "derivative works"). If you are a business owner in the tourism industry, you should keep the legal aspects of e-commerce in mind when deciding to sell your services or products online (such as allowing online bookings, for example). However, taking these steps will still lower your risk. Legal regulations for e-commerce E-commerce is rapidly evolving, and businesses are trying to adapt to these changes. The UNCITRAL Model Law on E-commerce was drafted in order to serve as a document that the various countries of the world could use and evaluate and amend their own laws and practices and by providing a common legal platform on which all countries could model their domestic legislations allow the countries of the world to move towards a uniform international law on E-commerce. So when you log into your Amazon and purchase a book, this is a classic example of an e-commerce transaction. Cross-border e-commerce activity accounted for just 7% of total online B2C sales in 2015. that collection of consumer data and privacy policy guidelines are followed. Issues of E-Commerce The noted author, Thomas Friedman, has said that today globalization is ''farther, faster, cheaper, and deeper'' than before. 1051 etc. Starting an ecommerce business can be a legal minefield. If not, you’ll have to hope for the best and take the risk. Copies of this publication may be obtained from: The Manager Consumer Policy Framework Unit Competition and Consumer Policy Division The Treasury Langton Crescent PARKES ACT 2600 Phone: (02) 6263 3874 Fax: (02) 6263 3964 Internet: http://www.treasury.gov.au This can range from ordering online, through online delivery of paid content, to financial transactions such Managing a repository of customer data is a challenge in itself, added to that e-Commerce companies have to understand how to use that data. In any e-commence system the factors of data integrity, customer & client authentication and non-repudiation are critical to the success of any online business. that venue and jurisdiction for disputes are in whatever state you prefer. Nowadays companies are transforming themselves into e-commerce enabled organizations. It is essentially cover all the activities on internet and induce the customer to purchase the product over the internet. Maybe you were complaining about receiving the wrong item in your order on Amazon or looking for…, Augmented reality is quickly becoming one of the hottest trends in marketing. E-Commerce â Managerial Issues: Formulate Ecommerce Strategy, Re-Engineering for ecommerce, Managing Ethical, Cultural and Legal Issues and a Few Others . The FTC monitors businesses to ensure: All Websites that collect consumer data should have a privacy policy. Proving the cancellation of orders, or a defect in the goods or services etc would depend on him proving these circumstances. Managing a repository of customer data is a challenge in itself, added to that e-Commerce companies have to understand how to use that data. Privacy has become a major concern for consumers with the rise of identity theft and impersonation, and any concern for consumers must be treated as a major concern for eCommerce providers. At the minimum, go to www.uspto.gov and run a trademark search for the names you’re considering — at least to get an idea of how many other folks there are who could possibly have a claim to the mark you intend to use. Social Issues of E-Commerce. If you create content, be sure to have your creator sign a contractor agreement with the language required under the Copyright Act so that you own the work product. A service mark is the same as a trademark, except that it identifies and distinguishes the source of a service rather than a product. social issues in ways never before imagined. Federal Trade Commission (FTC): the FTC regulates trade and commerce with regard to consumers. These flaws have led to the need for the development of strong verification and security measurements such as digital signatures and public key infrastructures (PKI). However, it must be legal, feasible, effective and innovative. Taxing e-commerce is a global challenge for governments and business alike. Business - to - Business (B2B) Business - to - Consumer (B2C) The name is self-explanatory, it is the meeting of buyers and sellers on the internet. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. The article would deal with the in and out of this model law and implications in domestic law. The owner of a copyright has the exclusive right: Copyright arises upon the creation of a copyrightable works (typically substantial text, images, music, etc.). Such a system employs double keys; one key is used to encrypt the message by the sender, and a different, albeit mathematically related, key is used by the recipient to decrypt the message (Antoniou et al., 2008). Issues are copyright laws, privacy of customer information, and legality of electronic contracts. If you ship physical products or conduct online auctions, you should familiarize yourself with other FTC regulations in these areas. No issue has been harder for organizations to deal with than that of e-mail. twelfth edition Kenneth C. LaudonKenneth C. Laudon Carol Guercio TraverCarol Guercio Traver business. If you are a business owner in the tourism industry, you should keep the legal aspects of e-commerce in mind when deciding to sell your services or products online (such as allowing online bookings, for example). New type of e-commerce is emerging and it is called M-Commerce… This involves the transaction of goods and services, the transfer of funds and the exchange of data. This is due to the fact that predictive analytics isn’t just a…, Digital Marketing can sometimes be a daunting area to do business in no matter what level of expertise you hold as the field is constantly shifting and the terms…, General Considerations when Writing for the Web Writing for the web has evolved into a distinct style when compared to traditional media, such as books, magazines and newspapers. Trademark Infringement. Facts, titles, recipes, form designs, alphabetical lists and other items do not have the required "originality" to merit copyright protection. Public Policy Issues in E commerce The major ethical, social, and political issues that have developed around e commerce over the past seven to eight years can be loosely categorized into four major dimensions: information rights, property rights, governance, and public safety and welfare. pay you for the costs) if someone else sues you for using the content. technology. Electronic commerce has reached new heights in recent years. It is essentially cover all the activities on internet and induce the customer to purchase the product over the internet. A technological innovation is followed by frequent incorporation of ethical standards into law. E-commerce security and privacy is an important issue that has been leading to negative or adverse effects on the further development and growth of e-commerce… E-commerce 2016E-commerce 2016 Kenneth C. LaudonKenneth C. Laudon Carol Guercio TraverCarol Guercio Traver business. E-commerce â Features, Drivers, Factors, Issues, Applications E-commerce is the use of electronic communication and digital information processing technology in business transactions to create, transform and redefine relationships for value creation between or among organisations and individuals. Get practical advice to start your career in programming! Some products are difficult to buy online. These are where an attempt is made to make a computer resource unavailable to its intended users though a variety of mechanisms discussed below. 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. Since trademark is your company’s logo and symbol, the representation of your business all over the web, it must be protected. 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