By Reynaldo D. Gonzales, Esq.
Last June 14, 2000, the President of the Republic of the Philippines, His Excellency Joseph Estrada signed into law the Electronic Commerce Act of 2000 under Republic Act 8792 entitled, "An Act Providing for the Regulation and Use of Electronic Commercial and Non-Commercial Transactions, Penalties for Unlawful Use and Other Purposes". The said law was enacted in order to promote e-commerce in the country particularly in business-to-business transactions and business-to-consumer transactions.
Electronic Commerce is already starting to appear in the country and it is but apt that the Congress of the Philippines have come up with a law which will provide the legal framework that shall govern commercial transactions through the Internet.
