Place in regulations Protect Consumers Who Trade Via eCommerce
Trade in the United States by eCommerce controlled by the government agency called the Federal Trade Commission or FTC. Electronic commerce activities are classified as: Email, consumer privacy, and online advertising. Federal Trade Commission to act as a watchdog to ensure fair trade conducted within the parameters of this trade: it’s supposed to be above board, safe, and honest. Companies that do not follow these rules will be prosecuted under Federal law. Companies that want to venture into the business of electronic commerce to be licensed under the FTC. If not, the government agency has the legal right to intervene in the business and to demand eCommerce them.
International also arranged. The body has a big job to enforce the law in this arena is the International Consumer Protection and Enforcement Network or the ICPEN. The regulatory agency was formed in 1991. Then a hotline complaint online, where the report was made from anywhere in the world regarding untoward business practices in 2001, so it is better for many boundary It does not have to patrol. Ask them to help consumers and businesses who have problems with unscrupulous businesses face many eCommerce practices.
The includes a variety of applications that make it work. There Tele Conferencing, Electronic Tickets, Online Banking, Instant Messaging, Group Buying and Online Shopping, Shopping Cart Software and social networking to name a few. The range is so varied it really need police to make sure scammers and dishonest people are not taking advantage of innocent users of this system is a real benefit to the world trade has shrunk the way we now know much more about the country and the nation than before.
Shopping online can be fun: the prospect of seeing through the virtual catalog, and admired all the available goods, then the buyer is fantastic. Previously, merchants will go to the country of origin of a lot of products to buy. Now all this is a thing of the past with this network eCommerce. The company works hard to make sure you get the widest and furthest markets for goods and services to sell them. New products are not only sold on the internet but it is used for innovative marketing. Think of all the shopping process will become easier and has allowed housewives, business, and anyone who uses the internet to shop saved valuable time.