Different Ethical, Legal and Regulatory Issues for e-Businesses

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Running Head: Different Ethical, Legal and Regulatory Issues for e-Businesses Different Ethical, Legal and Regulatory Issues for e-Businesses May 5, 2007 Introduction The internet is the power that provides everyone all over the world, access to any type of information. The technology is so advanced and e-Businesses provide the opportunity to perform all transaction without leaving the comforts of the home or even the office. The internet gives the consumers the ability to conduct his or her business or pleasure but this should be accomplished through secure systems. Therefore, consumers want to be positive that his or her information is safe and not face any potential risk factors. However, like any business, the e-Business and the internet must have rules and guidelines to follow to help protect the consumer and prosecute any violators. The consumers must understand the information transmitted through the internet is safe and secure when they are conducting business with an e-Business company or with individuals. This paper will discuss the different ethical, legal and regulatory issues for e-Businesses. Ethics One of the biggest ethical concerns with the consumers and e-Businesses is the security of everyone’s information. There are so many websites existing that many consumers, research the site to see if they are valid and if there are security measures in place. When companies obtain personal information through the transactions, the ethical value of having this information is not to violate privacy issues. However, Gary Schneider states that “Companies can opt-out, the consumer does not object to the company obtaining his or her information. The opt-in is when the consumer does not agree to the company having the information. Therefore, if the company were to violate one of these, would cause

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