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July 1, 2000 Over *4,000 subscribers* Volume 2, Issue 7

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ToC

  • House overwhelmingly passes e-signature measure
  • California Tax Bill Would Be a Blow to Online Companies
  • U.S. Treasury Supports Internet Tax Ban
  • U.S. E-Commerce Sets New Record
  • Digital Signatures Headed for a Vote
  • EU: VAT Is It Doing Now?
  • British E-Commerce to RIP?
  • Next Antitrust Battle: Plastic
  • Judge Denies Credit Card Request
  • Patent Seeks to Collect on Data
  • E-signatures bill: Fraud made easy?
  • Priceline makes European bid
  • Bertelsmann set to open online bookstore in Japan
  • Grassroots.com Sounds Off to GOP

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House overwhelmingly passes e-signature measure
The U.S. House of Representatives today overwhelmingly passed the Electronic Signatures in Global and National Commerce Act, which gives electronic signatures and documents the same legal standing as their physical counterparts. The bill must be passed by the Senate and signed by the president before it becomes law.

California Tax Bill Would Be a Blow to Online Companies
Bill AB 2412 would require online sellers to collect sales tax in California if they are affiliated with companies that have stores in the state.

U.S. Treasury Supports Internet Tax Ban
In a speech given to the Computer and Communications Industry Association on Monday, U.S. Treasury Deputy Secretary Stuart Eizenstat declared the agency's support of a permanent Internet sales tax ban, despite the contribution such taxes would make to U.S. coffers.

U.S. E-Commerce Sets New Record|The information technology industry is the number one driving force in the runaway American economy, according to studies by the U.S. government and the Center for Research on Electronic Commerce at the University of Texas, Austin.

Digital Signatures Headed for a Vote
After months of partisan wrangling over clauses on consumer protection and data storage, Congress hopes to pass a bill designed to make it easier for companies and consumers to do business in the digital age.

EU: VAT Is It Doing Now?
The European Commission will present proposals next week urging the United States to put value-added tax on exports of online digital products, such as downloaded software or music, EU officials said on Thursday.

British E-Commerce to RIP?
Draft legislation allowing security officials to monitor business emails could prevent Britain becoming a leader in e-commerce, the British Chambers of Commerce warned Monday.

Next Antitrust Battle: Plastic
The Justice Department is now taking on Visa and MasterCard, saying the credit card giants restrict competition with their exclusive relationships with banks.

Judge Denies Credit Card Request
A U.S. federal judge on Thursday overturned an attempt by top credit card networks Visa and MasterCard to have a government antitrust case against them dismissed, paving the way for a lengthy trial.

Patent Seeks to Collect on Data
A small Florida company says it now has the rights to require patent licensing from any company that collects user information and passes it on to a third party. Some think it's yet another sign of a patent process gone haywire.

E-signatures bill: Fraud made easy?
The digital signatures bill passed by Congress this week threatens to cause identity theft to skyrocket and leave consumers liable for large-ticket purchases, consumer advocates said on Friday.

Priceline makes European bid
Priceline.com expands into Europe and plans to start offering products and services there before the end of this year.

Bertelsmann set to open online bookstore in Japan
BOL Japan, the Japanese online arm of Europe's largest media company, will open the store with 500,000 Japanese titles.

Grassroots.com Sounds Off to GOP
Visitors to the San Bruno-based site can provide instant feedback to Republican National Committee on an array of issues.

 

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