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J. Reidenberg (1999)
Restoring Americans' Privacy in Electronic Commerce Symposium - The Legal and Policy Framework for Global Electronic Commerce: A Progress ReportBerkeley Technology Law Journal, 14
INTRODUCTION The Internet has had a profound impact on the lives of people around the world. It is a tremendous tool for communication, entertainment, and business. The United States and the European Union have dedicated themselves to promoting growth over the Internet. Legislative measures and public policy goals articulated by both governments strongly focus on economic growth on the Internet as part of overall growth strategies. This is not surprising considering E- Commerce transactions in the US were estimated at $25.8 billion in 2002, and $4.6 billion was spent on Internet advertising. 1 Although governments have identified the Internet as a tremendous opportunity for business growth, consumers have expressed important concerns about using the Internet for commercial transactions. The first concern for many consumers is identity theft. With identity theft, the consumer's concern is that by conducting a transaction over the Internet using a credit card, the consumer may expose his or her credit card information, social security number, address, etc. to others who can access the network. Such people would then be able to use the information for their own purposes, i.e. making their own purchases with the credit card information or using it to apply for
Tilburg Law Review – Brill
Published: Jan 1, 2003
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