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The Legal Environment Of Romanian Ecommerce: A Critical Analysis And Recommendations For Improvement

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    Romania has been experiencing rapid growth in internet accessibility and E-commerce. The nation has enacted three E-commerce statutes: the Electronic Signature Law (“ESL”) is third-generation with no exclusions from coverage, and contains an extensive list of penalties for Certification Service Providers (“CSP”) who violate the ESL or other laws; the E-Commerce Law (“ECL”) is distinguished by the fact that consent of all parties is not required to have a valid E-contract, its provisions pertinent to out-of-court settlement as well as court action, and a range of civil and criminal penalties provided for unlawful Ecommerce sellers; and the Cyber-Crime Law establishes a list of computer crimes relating to crime prevention, data confidentiality, computer tampering and online child pornography. Those statutes provide a satisfactory legal foundation for Romanian E-commerce, but they need to be calibrated and supplemented. Recommended changes and additions to Romanian E-commerce law include: enactment of a comprehensive Electronic Transactions Law which will incorporate all laws pertinent to E-commerce, including E-contract rules; recognition of the validity of the electronic form in compliance with several additional requirements of other statutes, including notarization; addition of rules for electronic automated contracts and electronic carriage contracts; more consumer protections for Ebuyers; establishment of Information Technology. Courts for resolution of E-commerce disputes; creation of long-arm jurisdiction over foreign E-commerce parties; designation of the Romanian Post Office as an accredited CSP; adoption of a National ID Card containing a digital signature which can be activated by an accredited CSP, including the Post Office; and enactment of a new computer crime, Intentional Injection of a Virus into a Computer System, with onerous penalties for offenders.

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    Article provided by Spiru Haret University, Faculty of Accounting and Financial Management Constanta in its journal Journal of Academic Research in Economics.

    Volume (Year): 3 (2011)
    Issue (Month): 3 (November) ()
    Pages: 393-404

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    Handle: RePEc:shc:jaresh:v:3:y:2011:i:3:p:393-404
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