House approves e-commerce bureau bill

MANILA — The House of Representatives has approved on second reading a bill proposing the creation of an “Electronic Commerce (E-Commerce) Bureau” to “better protect” consumers and merchants engaged in online transactions.

House Bill 4 or the proposed “Internet Transactions Act” is one of the priority bills of the Marcos administration identified by the Legislative-Executive Development Advisory Council.

The purpose of the bill is to promote and sustain a “robust e-commerce environment in the country through secure and reliable platforms, where transactions have appropriate transparency and utmost efficiency.”

Speaker Martin Romualdez, Senior Deputy Majority Leader Sandro Marcos and Tingog party-list Reps. Yedda Marie Romualdez and Jude Acidre principally authored the bill.

It intends to address the “need to establish a singular office” that will be responsible to carry out the proposed law and act as the focal point in the monitoring and execution of the Philippine E-commerce Roadmap.

“Undeniably, technology has revolutionized our conventional way of buying and selling in ways unimaginable to those that have come before us,” the bill’s explanatory note stated.

The bill is aimed to promote “an environment founded on trust among consumers and merchants as a means to increase the number of e-commerce participants and ultimately achieve sustainable growth.”

3 Replies to “House approves e-commerce bureau bill

  1. Elo jestem znany pod imieniem Bonifacy. Spytaj mnie o upadłość konsumencką. Na czas dzisiejszy moim miejscem zamieszkiwania jest czyste miasto Ostrów Mazowiecka. Adwokat Rzeszów w Polsce to sposobność dla setek biednych rodzin.

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