Digital Platforms and Consumer Protection: A Business Law Report

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AI Summary
This report examines the intersection of business law, digital platforms, and consumer protection, focusing on the regulatory environment in Australia. It begins with an executive summary highlighting the importance of agility and innovation in digital government policies and the government's role in ensuring a fit-for-purpose regulatory framework. The introduction sets the stage by discussing traditional regulatory methods and the need for government swiftness in the digital age. The report then delves into government and digital regulation, detailing the evolution of regulatory frameworks in telecommunications, data transfer, and privacy. The core of the report analyzes digital platforms and consumer protection, emphasizing the role of sector-specific regulators in promoting competition and addressing content moderation and public security issues. It also explores the benefits of digital platforms for consumers and businesses, highlighting the government's responsibility to ensure fair competition and consumer safety. The conclusion stresses the time-consuming nature of effective regulations and the need for ongoing evaluation and adaptation to facilitate a digital-ready legal environment. The report references several academic sources to support its claims.
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Running head: REPORT 1
Business Law
STUDENT DETAILS:
12/23/2019
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REPORT 2
Executive summary
The digital government policies should promote agility, innovations along with the
formation of values. The government is enduring to make sure that the regulatory framework in
all the fields of the new economy is fit-for-the-purposes. The government should render modern
sector controller with the broader array of the methods to state various problems raised by the
significant and miscellaneous sectors. The following parts discuss how digital platforms protect
the consumers.
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REPORT 3
Contents
Introduction......................................................................................................................................4
Government and digital regulation..................................................................................................4
Digital platform and consumers protection..................................................................................4
Conclusion.......................................................................................................................................5
References........................................................................................................................................5
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REPORT 4
Introduction
The traditional regulatory policy methods render the significant chances to pause, see,
make an inquiry as well as check the approaches, which can be helpful in achieving the general
policy purposes. These methods support the government to make a selection
between regulatory approaches along with substitute approaches to encourage the
digital innovation at the time of extenuating the risk. The actuality of the modern digital era is
that the government has to make swiftness with technologies to play their part. In the following
parts, digital platforms and consumers is discussed and critically examined.
Government and digital regulation
The regulatory framework includes the main regulatory development as well as
improvements in the telecommunication, data transferring as well as privacy, which are stated in
communications along with data section of the agenda. It can evident that the government is
constantly advancing a quality of the regulations, involving reducing regulations on the
businesses, communities, entities as well as people or group of people (Ren, 2018). In 2013, the
Deregulation Agenda was developed. It has put in a place framework to make sure that the
regulatory regimes are appropriate for the purposes in 21st century. Additionally, the
government motivates and supports the Australian states along with regions to follow, or identify
as corresponding the regulations and norms of each other. It also lessens the cost of business. It
is also helpful for the innovations and future development. It can see that the government is
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REPORT 5
doing work for updating the global trade related regulations on the e-commerce throughout the
World Trade Organization and the foreign trade agreements of Australia to make sure that they
keep rapidity with technical changes (Flew & Dwyer, 2019).
Digital platform and consumers protection
The digital platform is essential for constructing the sector-specific regulators who are
able to provide proper sector-specific oversights to encourage the competition, state the problems
related to contents moderation, and public security (Thomas, et. al, 2018). On the basis of the
latest trends, the digital platforms would be more preferred along with prevailing business model
for bank or financial entities in upcoming period. In addition, the digital platforms make values
by relating customer, producer and provider to make the network effects. The digital
platforms provide consumers as well as smaller business the capability to connect to economic
and other service provider throughout the online or mobile channels as the integrated part of the
daily functions (Rice, et. al, 2016).
Further, the role of government remains same to secure consumer, to broad access as well
as to make sure the fair competition. It is required by the government to embrace the
comprehensive regulations of specific sector by authorizing the single controller to direct the
digital platform, in place of utilizing various organizations to affect the mix of competition
policies, contents-moderation policies, and policy to affect consumer safety or public security.
Only by identifying exclusive extent of digital platform can government make sure inclusive
along with proper policy from corner to corner. It is also required that the government should
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REPORT 6
render direction to a sector regulator on the basis of enduring value of encouraging competitive
marketplaces, securing consumer, motivating free expressions as well as news construction
when securing susceptible member of societies from nuisance, and utilizing capacity of sector to
secure consumers. Moreover, the government should identify that when people must not permit
critical nature of technologies and critical financial as well as communal trade-offs to freeze
people into immobility, it is not required to rush to pass broader law of general applicability,
which would make unforeseeable consequence (Lagisz, et. al, 2018).
Conclusion
As per the above analysis, it can be concluded that it is required to identify that the
effectual as well as comprehensive regulations of the significant sectors take time to create. It
can say that there will be no law that can work completely on one or even 1,000 days. It is
continually required to revisit the significant questions for an upcoming period. In this way, the
Government would continue the ongoing efforts to make sure that Australia has correct
regulatory surroundings to facilitate law, which is digital ready.
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REPORT 7
References
Flew, T., & Dwyer, T. (2019). Response to ACCC Digital Platforms Inquiry Preliminary Report.
New York: Routledge
Lagisz, M., Samarasinghe, G., Nakagawa, S., Suarez, F. D. L. P., Frederiks, E., & Twomey, P.
(2018). Digital services and communication platforms for residential energy customer
engagement in Australia: rapid review. New York: Routledge
Ren, X. T. (2018). Rethinking digital literary sphere: Internet platforms and Chinese online
writing and reading. In Area Studies and Beyond: Abstracts of the 22nd Biennial
Conference of the Asian Studies Association of Australia (ASAA), 3-5 July 2018,
University of Sydney, pp. 134-134
Rice, E. S., Haynes, E., Royce, P., & Thompson, S. C. (2016). Social media and digital
technology use among Indigenous young people in Australia: a literature
review. International journal for equity in health, 15(1), 81.
Thomas, S. L., Bestman, A., Pitt, H., Cassidy, R., McCarthy, S., Nyemcsok, C., & Daube, M.
(2018). Young people’s awareness of the timing and placement of gambling advertising
on traditional and social media platforms: a study of 11–16-year-olds in Australia. Harm
reduction journal, 15(1), 51.
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