Monday, October 7, 2024
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Internet Transactions

With rise in online scams, DTI calls for passage of Internet Transactions Act

In 2022, the Department of Trade and Industry received a total of 27,947 complaints, of which 44% or 12,170 pertains to online transactions.

Proposed Internet Transactions Act gives DTI takedown powers

Senate Bill No. (SBN) 1846 seeks to protect consumers and merchants engaged in Internet transactions through the creation of the Electronic Commerce (eCommerce) Bureau.

Senate bill on Internet transactions tackled in plenary

Senate Bill No. (SBN) 1846 or the proposed Internet Transactions Act. calls for the establishment of the "E-Commerce Bureau" under the Department of Trade and Industry (DTI) which shall have authority over activities conducted over the Internet.

E-commerce firms to be held liable for sale of illicit products in proposed law

E-commerce platforms such as Lazada, Shopee, and Facebook Marketplace can be held solidarily liable for selling illegal products like SMS blast machines under the proposed Internet Transactions Act, according to Sen. Sherwin Gatchalian.
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