Feeds

No more Net red tape, pleads gov't taskforce

'You're on your own regarding dodgy transactions'

  • alert
  • submit to reddit

Build a business case: developing custom apps

Confusion about regulations in the online world is holding e-commerce back, according to a report from the government's "Better Regulation" taskforce.

The authors suggested that government not involve itself too heavily in the online world.

Lord Christopher Haskins, the chairman of the taskforce, warns that further legislation would only add to the bewilderment among the small and medium sized businesses trying to work online. What is needed, he says, is clarity.

The report states that businesses tend to be unsure about how to apply traditional business practises to the net, and don't know if there are any regulations specifically for ecommerce that they must also adhere to.

However, Lord Haskins says that more legislation would not make this any easier. "We do not want any more regulation," he said in an interview, before going on to say that people had to realise that if they buy something like a fridge from Columbia, then they "are on their own as regards these dodgy transaction".

The authors conclude that e-commerce is about more than high profile dotcoms, rather it is about a fundamentally new way to businesses to operate and interact with one another.

However, this is not reflected in the way the industry is being managed: "We have found that the open structure of the Internet Marketplace is not mirrored by a sufficiently transparent regulatory framework."

The researchers recommended that the government set up a single portal to allow fast and simple access to the information about regulations. They also suggested that the DTI ensure that the interests of the whole cross-section of e-businesses were represented in industry groups consulted by the government. ®

Related Link

The report can be found here

A new approach to endpoint data protection

More from The Register

next story
Amazon says Hachette should lower ebook prices, pay authors more
Oh yeah ... and a 30% cut for Amazon to seal the deal
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
Nintend-OH NO! Sorry, Mario – your profits are in another castle
Red-hatted mascot, red-colored logo, red-stained finance books
Sonos AXES support for Apple's iOS4 and 5
Want to use your iThing? You can't - it's too old
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
Feel free to BONK on the TUBE, says Transport for London
Plus: Almost NOBODY uses pay-by-bonk on buses - Visa
Twitch rich as Google flicks $1bn hitch switch, claims snitch
Gameplay streaming biz and search king refuse to deny fresh gobble rumors
Stick a 4K in them: Super high-res TVs are DONE
4,000 pixels is niche now... Don't say we didn't warn you
prev story

Whitepapers

7 Elements of Radically Simple OS Migration
Avoid the typical headaches of OS migration during your next project by learning about 7 elements of radically simple OS migration.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Solving today's distributed Big Data backup challenges
Enable IT efficiency and allow a firm to access and reuse corporate information for competitive advantage, ultimately changing business outcomes.
A new approach to endpoint data protection
What is the best way to ensure comprehensive visibility, management, and control of information on both company-owned and employee-owned devices?