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Brazil adds new e-commerce regulations

Friday 17 May 2013 14:25 CET | News

Brazil has introduced new regulation for the e-commerce sector. In order to tackle the lack of information, the new legislation foresees obligations and penalties to online outlets which fail to supply the registration number, name, telephone number and physical address of the company maintaining the website, as well as contact information clearly marked on the website.

 

The regulations are also addressing informality, meaning that online shops which have been operating as one-man/woman bands will have to establish actual companies, unless goods are being sold through websites such as MercadoLivre, the Brazilian eBay equivalent.

Due to the lack of basic guidelines for companies, consumers were left unprotected in case of any issues, such as delivery of faulty products or goods simply not turning up. Dissatisfied customers would often consult the Consumer Rights Code, which did not have specific provisions for e-commerce until now meaning some malicious vendors would operate under generic terms and literally run away with customers money.
 


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Keywords: e-commerce, Brazil, online shops
Categories: Payments & Commerce
Companies:
Countries: World
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Payments & Commerce






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