E-commerce revolution
Contemporary challenges of legal regulation
Keywords:
communication, contemporary, e-commerce, legal regulation, revolutionAbstract
The rapid growth of e-commerce has created the need for vibrant and effective regulatory mechanisms, which would strengthen the legal infrastructure that is crucial to the success of e-commerce in India. It has always been the allegation that the weak cyber security laws in India and the absence of a proper e-commerce regulatory framework is the reason for what Indian people as well as the e-commerce industries face so many challenges in enjoying a consumer-friendly and business-confidant e-commerce environment in India. Legal community in India is required to the necessary expertise to guide entrepreneurs, consumers and even courts in a manner that the fast emerging business module is enabled to adhere to existing legislations normally applicable to business transactions in conventional modules. Simultaneously, it should ensure that the advantages of technology are availed of unhindered by judicious evolution of law through learned interpretation of court still a consensus emerges that a specialized law to govern and regulate certain aspects of e‐commerce is imperative and an exclusive necessity.
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