The Proposed Internet Transactions Act and the Uncertainties in Online Retail
Online retail and other e-commerce services are now a mainstay of Philippine commerce. The exponential rise and consequent prevalence of online purchases are partly due to the COVID-19 pandemic lockdowns that have constrained the everyday consumer to stay at home. This holiday season, Shopee, an e-commerce platform, reported that its “12.12” Christmas sale broke records with around 12 million products sold in the first 24 minutes of the sale.
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