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Metcalfe's law. Two telephones can make only one connection, five can make 10 connections, and twelve can make 66 connections. Metcalfe's law states that the financial value or influence of a telecommunications network is proportional to the square of the number of connected users of the system ( n 2 ). The law is named after Robert Metcalfe ...
Edelman v. N2H2. In July 2002, American Civil Liberties Union filed a lawsuit on the behalf of Benjamin Edelman, a computer researcher at Berkman Center for Internet and Society, seeking a declaratory judgment to affirm his first amendment rights when reverse engineering the censorware product of defendant N2H2 in case he intended to publish the finding.
E-commerce (electronic commerce) is the activity of electronically buying or selling products on online services or over the Internet.E-commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems.
t. e. In economics, diminishing returns are the decrease in marginal (incremental) output of a production process as the amount of a single factor of production is incrementally increased, holding all other factors of production equal ( ceteris paribus ). [1] The law of diminishing returns (also known as the law of diminishing marginal ...
B2B e-commerce refers to the sale of goods or services between businesses via an online sales portal. While sometimes the buyer is the end user , often the buyer resells to the consumer. [3] This type of e-commerce typically applies to the relationship between producers and wholesalers; it may additionally remain applied to the relationship ...
Lex mercatoria (from Latin for "merchant law"), often referred to as "the Law Merchant" in English, is the body of commercial law used by merchants throughout Europe [disputed – discuss] during the medieval period. It evolved similar to English common law as a system of custom and best practice, which was enforced through a system of merchant ...
The Electronic Commerce (EC Directive) Regulations 2002, SI 2002/2013, incorporates the EU Electronic Commerce Directive 2000/31/EC into the law of the United Kingdom. [1] They apply to contracts concluded by electronic means over distance whereby the buyer is a consumer. This subordinate legislation provides for rights of the consumer and ...
1970s–1980s. Very basic systems of electronic commerce emerge, using new technologies electronic funds transfer (EFT) and electronic data interchange (EDI), used by a relatively small number of people. [1] [2] 1980s–1990s. During this time period, automated teller machines and credit cards laid down the foundation for the growing world of e ...