Introduction to E-commerce (3 cr. Summer
only) : An e-commerce web address
usually begins www. This
prefix embodies an important concept; that e-commerce is a
world wide application. In 2001 e-commerce generated $32 billion
in sales. It involves international protocols and conventions
as well as state and national legislation. An e-commerce entrepreneur
needs to be aware of online jurisdiction rules that apply
to local and cross border transactions. Lapses in choice of
law and forum in contracting can land an e-commerce vendor
in a foreign jurisdiction that may be outside of the shores
of the United States. An e-commerce entrepreneur should pay attention
to the abbreviations that appear in business news. Entities such as the CERN, HCOPIL, ICC, ISO,
OECD, UNCITRAL, WIPO, and WTO should be as familiar as B2B
and COD to the Internet Attorney.
The
factors that are driving e-commerce include the expanding
global communication networks, the expansion of global online
markets, and the emerging of business models that provide
access to the global market. Business strategies have evolved from the bricks
and mortar retail establishments, and catalog outlets into
electronic business transactions that run the full cycle from
procurement of raw materials, to processing and distribution
of manufactured goods, to order fulfillment systems and international
payment processes via electronic funds transfer systems.
In
addition to the international sale of goods, there is a blossoming
of electronic services that were previously only available
through hard line links to service providers.
Internet retailing, banking, and data exchange now
flow over computer grids and satellite systems.
Deals are closed not with a handshake, but with an
exchange of private keys.
Internal
business communications are conducted over networks connecting
company employees to homes and offices worldwide. Electronic
mail, file transfer, image senders, video-conferencing and
other workflow are accomplished between remote sites that
need to be secure.
e-Commerce is the complete value
chain that links suppliers, producers, retailers, and customers. Companies that do not plan to enter the e-Commerce
arena themselves, still have to deal with clients and customers
whose only presence will be in the form of full-service electronic
storefronts. These
companies will have to adjust their strategic plan to include
electronic media in their businesses. Understanding the novel legal issues that arise
in relation to, the Internet, electronic commerce and on-line
services, as well as the laws and jurisdictional matters that
apply to e-commerce applications, will be the instrument of
success in positioning a business in the electronic marketplace.
Any enterprise that attracts as much traffic and value as does
the electronic commerce enterprise, seldom survives in a lese
faire environment. This
new economic reality is no different. Government intervention
in this market exists on every level. From regulating the
hours of a cyber-café to restrictions on access and content,
to international protocol agreements; all levels of government
are leaving an imprint on commercial matters in the electronic
markets.
In
the legal market a new classification is emerging: the “Internet
Attorney”. This practice
area is a crossover specialization that integrates the traditional
Intellectual Property practice subjects of Patent, Trademark
and Copyright Law with the Litigation practice subjects of
Domestic and International Business Law. This practice area
incorporates all of the practical applications of doing business
online. The legal and regulatory issues of the Internet
Law practice area involve the migration of businesses to the
electronic storefront, the protection of industrial property,
transnational licensing, strategic partnering, taxation of
cross border transactions, and electronic financial services.
Components of the practice also include consideration of issues
of cyber-crime and privacy.
In
short, the practice of law has embraced the global electronic
marketplace. The LL.M program concentration in e-Commerce
provides a new curriculum for training the Internet Attorney.
In this course students will learn about the international
organizations that are involved in regulating and directing
the development of e-commerce.
Jurisdictional rules will be covered as well as practical
considerations of limiting the possibility of being called
in front of a foreign court.
Ana D. Penn is the CEO
and Executive Director of International Business Law Services , (IBLS), www.IBLS.com
headquartered in Irvine, California.
Designed to help business and legal professionals understand Internet laws and regulations IBLS
provides worldwide
interactive source of information and counsel for legal issues
relating to the Internet.
Ms. Penn coordinates and directs IBLS’ legal and management
teams, consisting of law professors, attorneys, finance, marketing
and IT professionals. Ms.Penn has a master of law in international banking and financial
law from Boston University,
School of Law,
Boston, Massachusetts;
a master of law in taxation from
Golden Gate
University,
School of Law, California
and a juris doctor degree from
Western
State
University,
College of Law, California. She also studied European Community law at
Cambridge
University
in England.
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