Governments, the private sector, the media, and academicians have defined electronic commerce (“e-commerce”) in a variety ways. Narrowly defined, e-commerce refers to sales or purchases transacted over open or public networks, such as the Internet, independent of whether the payment is made on the network. Employing a broader definition, e-commerce may also include sales and purchases made over closed or private networks, such as electronic data interchange (“EDI”) and debit or credit cards. This article will focus on the narrower definition of e-commerce and, more specifically, business-to-consumer (“B-to-C”) transactions rather than business-to-business (“B-to-B”) transactions.
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