International legal characterization of e-commerce regulation in the US and the EU

This article reveals the main trends in regulation of international trade modern law. The aim is to analyze current sources law aimed at regulating online commerce cyberspace, which has become object many regional agreements, as well compare approaches US and EU commercial activities particular on issue personal data protection. authors explore problem by using comparative critical methods analysis, i.e. comparing legal United States their evaluation. also protection cyberspace this kind activity, taking into account existing risks. material for study based trade, so-called “soft law” norms adopted framework UNSTIRAL, legislation (for example, provisions Uniform Commercial Code (UCC), Electronic Transactions Act (UETA), Signatures International Internal Commerce Act) law, especially Regulation 2016/679 27 April 2016 individuals with regard processing its free circulation. examines an types contracts sale then detail EU, development, analyzes problems difference between approach, expressed minimal interference entities involved (the “laissez-faire” approach), “paternalistic” consisting detailed rules activity To conclude, have examined related prospects commerce, differences member states States. A possible way out could be consistent cooperation bilateral agreements specialized issues, adherence principles set a New EU-U.S. Agenda Global Change creation area (FTA) U.S.