In this new economy, electronic commerce has paved its way for every business stakeholders, be it merchants, investors, distributors and consumers. Putting their contribution this way, they are understandably eager to see the road they are taking is safely guaranteed to deliver the aimed result. Due to this, efforts and strategies are being assessed, planned, undertaken and evaluated to mitigate and manage the risks associated with ecommerce, most notably from legal and regulatory approaches.
The thrust of this paper is to analyze current situation of e-commerce in Indonesia from the legal point of view. It will examine the problems that have accrued so far in the lacuna of a comprehensive cyberlaw in the country based on local incidents and cases. Special analysis will be given on main provisions of the Electronic Information and Transaction Bill to see how much protection it would give to the e-commerce activities in Indonesia and which parts should be better improved. At the end, the paper tries to summarize overall development and future of cyberlaw and its prospect of facilitating the growth of e-commerce in Indonesia.
This study serves to compliment as comparison for other assessments of the growth of e-commerce globally and regionally. Looking at the fact that Indonesia is just another crucial market power in this region, the study of its legal system in the e-commerce is both imminent and unavoidable.
Zulhuda, Sonny, "Legal Protection for the E-Commerce in Indonesia: A Study on the Development and the Future of Cyberlaw in Indonesian Legal System" (2003). ICEB 2003 Proceedings. 21.