E-commerce refers to the online buying and selling of goods and services. It is similar to visiting a physical store, but instead of physically entering the store, individuals use their computer or phone to make purchases. The “e” in e-commerce stands for electronic, indicating that these transactions occur on the internet. Electronic transactions involve the use of messages to negotiate deals, rather than face-to-face communication.
E-commerce refers to the online practice of buying and selling goods and services through consumer services on the Internet. The “e” in e-commerce stands for electronic, which is commonly used as a prefix for terms related to electronic transactions. An electronic transaction involves the exchange of messages without the need for individual review as a contractual step. For instance, purchasing shoes from an online store and paying with a credit card or selling handmade crafts on Etsy and receiving payment through PayPal are examples of e-commerce. Similarly, booking a hotel room through a travel website and making an online payment falls under e-commerce. These examples demonstrate how e-commerce enables individuals to engage in online buying and selling without the necessity of physical stores or face-to-face interactions. E-commerce has significantly facilitated businesses in reaching a broader audience and consumers in conveniently shopping from their own homes.
The legal requirements for starting an e-commerce business vary depending on the country and state you are operating in. Generally, you will need to register your business, obtain necessary licenses and permits, and comply with tax laws.
When selling products online, you must comply with consumer protection laws, advertising regulations, and data protection laws. You may also be liable for any harm caused by your products.
You must comply with data protection laws when collecting and storing customer data. This includes obtaining consent, providing privacy notices, and implementing appropriate security measures.
Online advertising must comply with advertising regulations, such as those related to truth in advertising, disclosure of sponsored content, and protection of consumer privacy.
Online payment processing must comply with financial regulations, such as those related to fraud prevention, money laundering, and data security.
When using third-party platforms for e-commerce, you must comply with their terms of service and privacy policies. You may also be liable for any harm caused by the platform’s actions.
Shipping products sold online must comply with shipping regulations, such as those related to customs, tariffs, and export controls.
Selling internationally may require compliance with additional laws and regulations, such as those related to import/export controls, taxes, and customs.
Handling customer complaints and disputes must comply with consumer protection laws, such as those related to refunds, warranties, and product liability.
Intellectual property infringement in e-commerce may result in legal action, such as a lawsuit for trademark or copyright infringement. It is important to ensure that your products and marketing materials do not infringe on the intellectual property rights of others.
This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.
This glossary post was last updated: 17th April 2024.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
- Page URL:https://dlssolicitors.com/define/e-commerce/
- Modern Language Association (MLA):E-Commerce. dlssolicitors.com. DLS Solicitors. May 09 2024 https://dlssolicitors.com/define/e-commerce/.
- Chicago Manual of Style (CMS):E-Commerce. dlssolicitors.com. DLS Solicitors. https://dlssolicitors.com/define/e-commerce/ (accessed: May 09 2024).
- American Psychological Association (APA):E-Commerce. dlssolicitors.com. Retrieved May 09 2024, from dlssolicitors.com website: https://dlssolicitors.com/define/e-commerce/
Our team of professionals are based in Alderley Edge, Cheshire. We offer clear, specialist legal advice in all matters relating to Family Law, Wills, Trusts, Probate, Lasting Power of Attorney and Court of Protection.
All author posts