SPECIAL FEATURE: E-Commerce: Building a legal framework for the Internet.

The evolution of business and technology have proceeded at a dizzying pace since the rise of the Internet economy. But while these two have bent and flowed with advancements in technology, staid institutions such as the law have failed to keep up with the ever-increasing speed at which the Internet has swept all aspects of life in the developed world.

The pending bill in Congress on Electronic Commerce sponsored by Senators Juan Flavier, Blas Ople, Ramon Magsaysay Jr., and Vicente Sotto III, is a welcome development, said Atty. Cynthia Roxas-del Castillo, Dean, Ateneo School of Law. She pointed out the need for a legal framework for e-commerce and the urgency with …