Representatives from the world?s leading companies met yesterday to establish a consistent approach to ecommerce to prevent intervention from governments.
The first meeting of the Global Business Dialogue on Ecommerce (GBDE) took place in New York and brought together chief executives from all sectors of the emerging ecommerce sector, including AOL, IBM, Netscape, MCI Worldcom, Fujitsu, France Telecom, and Bertelsmann. Marks & Spencer also joined these companies in forming the steering committee.
The GBDE was formed last July in response to calls from European Commissioner Martin Bangemann. He believed this was the best way of preventing government intervention on the regulation of the Internet and to achieve a global policy.
?The private sector should take the lead by coming forward with their own proposals for removing the legal and technical uncertainties which are hampering the takeoff of the global online economy,? he said. (see Newswire 1 July)
Spurred on by this challenge, the group had formed nine working groups to focus on various policy issues, such as protection of personal data, consumer confidence, liability, taxation and protection of intellectual property rights. These will be addressed in a number of meetings over the next three months.
"Globalisation, the pace of innovation and the accelerating transformation of products and services in electronic commerce all mean that we cannot address Internet business issues using traditional approaches,? said a representative from the steering committee.
?Governments around the world should recognise the dangers regulation of the Internet would pose to their economies and societies, and are challenging business to develop market driven solutions to critical policy issues.?
Source: VNU Newswire
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