Electronic commerce : regulations at the global era

Abstract

The internet has let to major growth in the economy due to its new e-commerce trends along with the dynamics in the advertising industry. Although e-commerce is an important sector in the world of trading, it has its implications; the companies all over the world have to find solutions to such implications due to the fact that e-commerce is of major importance for companiesto promote and sell their products. The purpose of my paper is to highlight the importance of ecommerce in the world trading and propose a solution to the implications associated with trading via the net. I will start by defining E-commercein international relations, its corporate market values, its corporate practices, and the domain names used. Then I will move on to the history of electronic e-commerce, its applications, the governmental regulation, the global trends, the impacts on markets and retailers and the distribution channels. Besides, I will go disputes as regards international legislation ; moreover, I will shed the light on self-regulation and taxation. Furthermore, I conducted a survey to investigate the possibility of launching ecommercesection in my business in Lebanon. The forms were filled out by different bank employees and a summary of findings will be included in my paper.