The impact of the Internet and electronic commerce on the US and global economy to be measured. The State Department to launch a promotional programme for the Internet and electronic commerce in developing countries. Analysts estimate that Internet trade could be worth hundreds of billions of dollars within the next five years. We will do nothing that undermines the capacity of emerging technologies to lift the lives of ordinary Americans. But some consumer groups argue that industry self-regulation does not work and that the government should do more to protect consumers from fraud in Internet transactions as well as from the invasion of their privacy.
People still have considerable concerns about privacy.
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