Instead, the Department of Commerce and e-commerce firms are pushing for a different solution: in effect, a new system of private laws, which would avoid the requirement to abide by the laws of the countries where their customers live.
The company is focused on e-commerce for two reasons: there is no universal solution on the internet to reduce friction at the checkout stage and checkout is probably where there is the most friction today.
The Commission, the EU's executive body, said Thursday that the text agreed by justice ministers is a compromise solution, addressing the concerns of consumers and e-commerce practitioners alike.