A number of technologies and innovative business systems are used in E-Commerce, including Internet technology, mobile commerce, electronic funds transfers, escrow services, electronic data interchange, supply chain management, inventory management systems, Internet marketing, data collection systems, and other innovative business systems. It is common for at least one point of an e-commerce transaction to take place over the Internet.
In order for a digital society to be successful, online payment and receipt of money are essential. The management of payments is conducted online in a digital economy with the minimum amount of human interaction. In addition, digital currency management requires compliance with certain technological legal requirements, including compliance with cyber law, e-commerce law, foreign exchange management, and export and import regulations. Online payment platforms must also be made secure against cyber attacks and cyber crimes, which are becoming increasingly common.
A major advantage of e-commerce is the possibility of reaching global markets and doing business. While the Internet and online activities have grown exponentially, many concerns are associated with the protection of intellectual property, the enforcement of contractual rights and obligations, the protection of privacy, the security of data, and jurisdictional issues.
There are several issues that warrant detailed consideration and should be discussed with an experienced lawyer experienced in dealing with e-Commerce, including protecting intellectual property assets, domain name disputes, consumer privacy and data security, and ADA website compliance.
The plaintiff, in this case, is Toyota Jidosha Kabushiki Kaisha and they seek to prevent the defendant, a spare parts supplier by the name M/S Prius Auto Industries Limited, from the usage of the trademarks- “Toyota”, “Innova”, and “Prius”. According to the finding of the court, two of the three trademarks mentioned, namely Toyota and […]
Intellectual property rights create a situation in which the inventor or the creator enjoys full ownership and rights to commercial exploitation of his creation while everyone else is excluded. The justification is that such a creation, if it has material value, must benefit the creator while preventing others who would otherwise commercially exploit the concept […]
WIPO defines copyright as the right of creators to ownership of their creations and to make use for commercial or other purposes. Copyright today covers literary creations, printed material, computer programs, data, audiovisual media, dance, paintings and drawings, photographs, sculpture, architecture, ad material, technical drawings and others that are the outcome of intellectual effort. From […]