WITH no signs of tough opposition to Senate Bill (SB) 1846, the proposed measure to regulate electronic commerce in the country inches closer to early enactment. This sentiment was expressed by Senator Mark A. Villar, who sees the enactment of SB 1846 as the Internet Transactions Act (ITA) of 2023…
WITH no signs of tough opposition to Senate Bill 1846, the proposed measure to regulate electronic commerce in the country inches closer to early enactment.
He added they expect the bill, if enacted into law, “will address the pressing need to ensure that Filipinos can harness the benefits of the digital world without compromising their privacy and security.” The bill mandates the Department of Trade and Industry to “exercise regulatory jurisdiction over e-marketplaces, e-retailers, online merchants, and other digital platforms that sell or allow the sale of exchange of goods, services, and are purposely availing of the Philippine market.”
Villar underscored the importance of creating an environment where individuals and businesses can confidently participate in the digital world, ensuring a safer and more prosperous online future for all.
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