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U.S. Federal Trade Commissioner and European Directorate General Support Need for E-Commerce Framework; International Business Law Services At the Forefront of Internet Legal Issues
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U.S. Federal Trade Commissioner and European Directorate General Support Need for E-Commerce Framework
Posted: Nov 27 2002
Eric Gazin
-- As e-commerce evolves, the need for legal knowledge grows. U.S. Federal Trade Commissioner (FTC) Mozelle Thompson, and European Commission's Information Society Directorate General, Bror Salmelin recognize this need, which has become International Business Law Services' (IBLS) main focus.
"The FTC plans to continue its work to keep fast moving markets, like technology, competitive while taking strong, visible action to protect American consumers in a global marketplace," said Thompson.
Europe is also seeking to expand e-commerce, using its eEurope Action Plan, slated for full implementation by 2005.
"By 2005 Europe should have modern e-government services, e-learning services, in a dynamic business environment, within a secure information infrastructure," said Salmelin.
IBLS, a global source on issues relating to Internet law, is actively involved in educating the public and business sector about how to make sense out of the various Internet regulations.
"We believe that informational legal issues will increasingly be delivered using business language rather then a traditional legal format," said Ana Penn, executive director of IBLS.
Both the EU and United States realize that enabling people conducting business online to have access to information will be the key to successful online transactions.
"I think the best way to stay informed is by continuing to visit our Web site, www.ftc.gov and to read publications like yours, www.ibls.com that are dedicated to educating Web entrepreneurs and reporting recent developments in international laws that affect business interests," said Thompson.
Salmelin also believes that education is key. He points to the wide range of EU sources as "easily accessible for both European and non EU stakeholders."
Governments will create the framework for e-commerce law, but it remains to be seen how people will be able to make sense out of the various and ever-changing regulations. IBLS seeks to bridge this gap by interpreting and analyzing the laws in a concise and easily digestible manner.
www.ibls.com
Erik Gazin
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