Nowadays, online business is becoming more and more popular. But some problems also emerged.
We can see many products sold in different online stores. Some products are the same brand, but as for online e-business, we can not check the quality or the prices, which is matching the quality.
Some products are sold at specialty stores on the internet just like real shops or stores.
They have the copyright and exclusive business authorization. Taking watches as an example, some watches can not sold by anybody, especially those luxurious items.
We all know Hong Kong is a haven for selling brand luxurious watches, which may be imported from Switzerland. Any watches newly-hit the market can be found on Hong Kong watch stores.
Now we can see more and more watch stores opened online and they need more patent and copyright protection.
Government is trying to bolster internet copyright laws.
The Copyright Ordinances would be amended to protect intellectual properties being infringed on the internet.
However, Peter Cheung Kam-fai, director of intellectual property in Hong Kong, said whether derivative work would be considered a copyright infringement would be dealt with on case by case basis.
The authority would consider how widespread the derivative work was and how much damage it caused to the copyright holder. Online business is becoming more and more popular now and we can see many banks have rolled out different cards which are tailor made for online transactions.
Meanwhile, more and more illicit products, smuggled products and copycat products are sold hot on the internet.
In the past, smuggled products and illicit products are sold confidentially since the seller would deliver the goods to the buyers? house or designated places or spot. Both sides are not safe since they face risks of be captured by customs staff.
Nowadays, more and more smokers told others that they can buy illicit or smuggled cigarettes on the internet, which is cheap and safe. The prices are lower than that sold on the stalls.
A big network has cover the whole world since more and more illicit products and smuggled products are sold and bought on the internet, which may evade a large amount of tax.
We can see that some banned products are sold on the internet, such as assault weapons and iron lotus dadao as well as fireworks and fireworks transmitters, and pirated optical discs.
In fact buying such products breaches relevant laws, as some buyers may have not recognized this point.
IBUonline is a B2B portal, which has strictly verify the products posted on the websites and check the posters identity, too.
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