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Vol 21 No 9 Sept/Oct 2016

Book of the Month

Cover of Goode on Commercial Law

Goode on Commercial Law

Edited by: Ewan McKendrick
Price: £170.00

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Internet Marketplaces: The Law of Auctions and Exchanges Online

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Christina RambergProfessor at the Stockholm School of Economics, Sweden

ISBN13: 9780199254293
ISBN: 019925429X
Published: October 2003
Publisher: Oxford University Press
Country of Publication: UK
Format: Hardback
Price: £84.00

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Internet Marketplaces explains and analyses the legal questions and challenges posed by the increased use of online auctions and exchanges for business transactions. Rather than focusing on internet businesses as a whole, the author studies the rules related to closed internet marketplaces where commercial dealings are carried out.

The book provides a detailed analysis of the new business models that are being employed, their legal structures, and the extent to which further work is still required to fill in the legal infrastructure. Professor Ramberg is well known for her expertise and involvement in this field, and the book will prove to be useful to fellow practitioners as well as being a key reference for academics working in this area.

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Commercial Law, Internet Law
1. Introduction
2. The Relationship Between Internet Marketplaces and National States
3. Efficient Norm Design in the Internet Marketplace
4. Different Types of Auctions and the Legal Definition of Auction
5. Definition of the Term 'Exchange' in Law
6. The Applicable Law
7. Membership Terms and Conditions of Sale
8. Withdrawal and Cancellation of Invitations and Bids
9. Mistake in Expression
10. Determination of the Winning Bid and the Price
11. Confirmation by Third Parties
12. Illegal Transactions
13. Settlement
14. Information
15. Price Manipulation
16. Effects of Breach and Potential Breach: Exclusion, Ratings, and Fees
17. The Operator's Liability in Case of Inaccessibility
18. Dispute Resolution
19. Final Remarks