Government over-regulation could endanger e-businessGovernment over-regulation could endanger e-business

 
 
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Government over-regulation could endanger e-business

The Global Action Plan - business should create and foster trust in e-commerce through self-regulation and technological innovation

Paris, 12 September 2002 - Leading business organizations made a "hands off" appeal to governments today on a wide range of e-business issues and said government regulation should focus on providing a stable environment in which it can flourish.

They said: "The pace of change and nascent state of electronic business have heightened the risks associated with premature or unnecessary government regulation."

This made it all the more essential that business should create and foster trust in e-commerce through self-regulation and technological innovation.

The business call for minimal government intervention came in the third Global Action Plan for Electronic Business published by the Alliance for Global Business (AGB), which links five business associations.

They are the International Chamber of Commerce (ICC), the International Telecommunications Users Group (INTUG), Business and Industry Advisory Committee to the OECD (BIAC), the World Information Technology and Services Alliance (WITSA), and the Global Information Infrastructure Commission (GIIC).

ICC is the business partner of the United Nations for the World Summit on the Information Society to be held in Geneva next year and Tunis in 2005. The Global Action Plan will provide a basis for the business stance at the summit.

On the role of governments, the action plan said their intervention may be required in such areas as intellectual property protection, taxation "and the removal of barriers to competition in providing the underlying infrastructure for e-business."

It added that in other areas, self-regulatory business solutions and technology tools were to be preferred as more effective than legislation in creating trust in e-business.

The plan, listing dozens of successful business self-regulatory initiatives, constitutes a business blueprint for guaranteeing the development of e-business on an expanding worldwide market in the 21st century.

Ayesha Hassan, ICC senior policy manager for e-business, information technology and telecoms, said: "The plan gives policy makers and regulators an accessible set of business responses to all the most urgent issues surrounding the development of e-commerce."

Business actions and views are contrasted with recommendations to governments on a wide range of e-commerce issues, from privacy protection to the role of small and medium sized enterprises, provision of new electronic delivery systems for the public sector and promoting competition in telecoms.

Ms Hassan said: "This format provides clear, succinct and easily referenced views on over 50 e-business issues."

For more information contact Ayesha Hassan, Senior Policy Manager for e-business, information technology and telecoms on +33 1 49 53 30 13, Click here to send a mail

The Global Action Plan for Electronic Business

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