Regulation of e-commerce in a globalising world: challenges and opportunities

Юрченко, Олександр Анатолійович and Volynets, V. and Zhelef, G. and Adamyk, V. and Kramchaninova, M. (2024) Regulation of e-commerce in a globalising world: challenges and opportunities Salud, Ciencia y Tecnología - Serie de Conferencias (3). ISSN 2953-4860

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Abstract

Introduction: the rapid pace of technological development and the growing influence of the Internet on commercial relations require constant upgrading of the legal framework to protect consumers, ensure a competitive environment for business and combat cybercrime. Therefore, to effectively use the opportunities offered by e-commerce, adequate regulation is required to ensure a balance between the interests of businesses, consumers and the state. Objectives: the study aims to analyse the problems of e-commerce regulation in the context of globalisation, identify key challenges and opportunities, and determine mechanisms to improve their effectiveness. Method: the paper examines the theoretical aspects of e-commerce and its role in the digital economy by analysing the literature. Additionally, generalisation and systematisation methods were applied to summarise information on the importance of e-commerce in business processes. The statistical data analysis assessed the development dynamics of the global and Ukrainian e-commerce markets. Furthermore, a comparative analysis was conducted to identify this sector’s global trends and develop corresponding development strategies. Results: the study indicates that e-commerce plays a crucial role in the success of companies on a global scale. This distribution channel enables businesses to expand their global presence and enhance competitiveness. The study indicates that e-commerce plays a crucial role in the success of companies on a global scale. Conclusions: e-commerce has become a crucial aspect of global retail, enabling consumers to shop digitally anywhere. The Ukrainian e-commerce market is rapidly evolving, adapting to technological advancements and changing consumer demands

Item Type:	Article
Uncontrolled Keywords:	Commerce; Regulation; Globalization; Competitiveness; Business; Innovation; Technology
Subjects:	Статті у базах даних > Scopus
Divisions:	Факультет економіки та управління > Кафедра міжнародної економіки
Depositing User:	доцент Олександр Анатолійович Юрченко
Date Deposited:	23 Sep 2024 12:07
Last Modified:	23 Sep 2024 12:07
URI:	https://elibrary.kubg.edu.ua/id/eprint/49709

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