The Nature of E Companies and Their Legal Regulations
Dr. Farouq Ahmad Faleh Al Azzam, Dr. Mueen Fandi Nhar Alshunnaq
Abstract
As a result of the developments in the means of communication which has entered into all aspects of life, it has become
more necessary to conduct business transactions via means of communication and modern technology by the public
and private companies to avoid the obstacles that they suffer from when relying on traditional methods in increasing
their profits. Using means of communication and modern technology enables these companies to conduct many
commercial transactions and services quickly so they save time and effort. In addition to attracting customers from
around the world to increase their sales. Nevertheless, Many e - commerce companies have faced various obstacles
that are related to the operation systems, which makes them vulnerable to hackers attacks, and reputation risks that
arose from the lack of means of data protection that are protected by the e company in addition to legal risks that it
may face. This research aims at explaining the concept of e companies and to specify the principle behind it as well as
its legal regulations, despite the fact that the legislations are free of specific regulations of this type of companies.
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