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Article: eCommerce Barriers Will Cost Consumers $32 Billion In 2002 and $200 Billion Over Next 5 Years; Report Finds that Anticompetitive Efforts by Middlemen Could Threaten the Future of eCommerce.
- Article from:
- PR Newswire
- Article date:
- October 7, 2002
CopyrightCOPYRIGHT 2002 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WASHINGTON -- Anticompetitive barriers to eCommerce will cost consumers $32.6 billion this year and more that $200 billion over the next five years according to a report released by NetChoice today. Entitled "The State of eCommerce 2002: Beyond the Bubble, Beware the Barriers," the report finds that these barriers and persistent efforts to create new ones threaten the future of eCommerce.
eCommerce barriers include any law, regulation, rule, or business practice that significantly impedes more cost-effective, more efficient, and more direct delivery of goods and services to the consumer. With online retail sales growing ten times faster than overall retail sales, ...