The House of Representatives has approved on third and final reading a bill creating an Electronic Commerce Bureau (eCommerce Bureau) which will regulate internet transactions.
House Bill 4, approved unanimously Monday night with 245 affirmative votes, provides that the eCommerce Bureau will be the virtual central authority which will receive and address consumer complaints on internet transactions.
It also tasks the eCommerce Bureau to establish, manage, and maintain a Registry of Online Business which will provide consumers access to data and information of registered online business entities for purposes of verifying the validity, existence of and other relevant information pertaining to business entities.
online platforms will be liable for civil and administrative indemnity with online merchants only under the following instances: failure to exercise ordinary diligence; failure to remove goods or services not compliant with law; permission to an online merchant not authorized to do business in the Philippines.
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