The Development of E-commerce Law in the Russian Federation

Abstract:

The development of information and communication technology has a huge impact on the modern economy and leads to the emergence of new forms of entrepreneurial activities. Such activity can be aimed at profit, using the Internet. The essence of e-Commerce is to use a single information space to improve the efficiency of communication between participants in commercial relations (seller and buyer, business partners, etc.). That is why it is of great interest to consider the legal aspects of the most pressing problems of electronic commerce. The purpose of this study is to assess the current e-commerce law for its sufficiency in regulating social relations, to determine ways of its development and improvement.Â