A recent news announcement says that the European Union (EU) has firmly backed a new regulation that offers to protect the rights of the online buying community in a better, stronger way. The law primarily aims to protect the interests of consumers who buy goods from online trade suppliers of another member country of the European Union.
EBay suppliers are happy with the latest announcement coming from the pioneering e-commerce portal. The company smells great opportunities for substantial growth as they hope to bring about a seamless convergence of traditional and online retail sectors. They firmly believe that offline and online markets are blurring their boundaries and new rules of retail selling are being created as a result.
Amazon.com and other major online trade suppliers have warned to cut-off ties with Illinois businesses under a new law, which requires them to collect sales tax for the transactions carried out. Amazon.com announced that it has ended business associations with its Illinois-based affiliates that refer customers to the website and then collect a commission on any sales transaction that takes place.