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To: TsioKawe who wrote (5853)	11/30/1998 5:35:00 PM
From: allen v.w.	Read Replies (1) \| Respond to of 40688

Yea it does! Some more news from DARRYLL IN MD. WASHINGTON (AP) -- President Clinton, touting electronic commerce as an engine for global economic growth, said Monday his administration is taking steps to promote buying and selling on the Internet. They include pushing for better consumer protection against cyber-fraud. ''We must give consumers the same protection in our virtual mall they now get at the shopping mall,'' Clinton said at a White House ceremony attended by executives from major ''e-commerce'' companies. The president also said his administration would work with the Federal Communications Commission and U.S. trading partners to promote the development of faster Internet connections. ''For many people, connections are so slow that shopping at the virtual mall is filled with frustration,'' he said. Clinton cited projections that this year more than 40 percent of Americans with home computers will shop for holiday gifts online, compared with 10 percent during last year's holiday season. ''If the virtual mall is to grow, we must help small businesses and families gain access to the same services at the same speed that big business enjoys,'' Clinton said. More needs to be done, he said, to build confidence among consumers that they can shop online with safeguards against being cheated. ''People should get what they pay for online; it should be easy to get redress if they don't,'' he said, adding that his administration wants the online industry -- not the government -- to provide the protections. In response to Clinton's remarks, the National Fraud Center, a private fraud-prevention company, applauded the administration for steering away from imposing government anti-fraud regulations. ''Self-regulation is the most practicable way to protect legitimate privacy concerns because it recognizes that in the real world, there can be no one single solution to govern every situation,'' said Norman Willox Jr., president of the National Fraud Center. Clinton also announced that the U.S. and Australian governments had agreed on a common approach to promoting electronic commerce. It includes supporting the indefinite extension of a May 1998 World Trade Organization declaration not to impose customs duties on electronic transactions. At Clinton's White House event, Vice President Al Gore said ''e-commerce'' is a boon not just for the wealthiest countries. He cited the example of a Ugandan woman, Helen Mutono, who uses the Internet to sell Ugandan baskets and gives the proceeds to children orphaned by AIDS. And he said a village near Chincehros, Peru had gained a five-fold increase in its income by using an online partnership with an international export company to ship its vegetables to buyers in New York. ''In this emerging digital marketplace nearly anyone with a good idea and a little software can set up shop and then become the corner store for an entire planet,'' Gore said. ALLEN: