The IRR outlines the essential procedures and guidelines for effective interagency collaboration, while also clearly defining the obligations and liabilities for digital platforms, e-marketplaces, e-retailers, online merchants, and online consumers.
The passage of the Internet Transactions Act of 2023, signed as Republic Act No. 11967, is expected to provide the public with the mechanisms to confidently embrace the digital economy.
Senate Bill 1846 seeks to ensure that all goods and services transacted digitally will be as advertised. It will also pave the way for the creation of an e-commerce bureau under the Department of Trade and Industry (DTI), which will oversee Internet-based activities that presently lack regulation.
The Internet Transactions Act/E-Commerce Law and the E-Government/E-Governance Bill are two of the 20 priority bills that the Marcos administration intends to pass by...