SEN. Sherwin Gatchalian has sought the passage of a law against fraudulent traders and sellers of counterfeit items amid the booming online business and growing paperless transactions. The senator on Sunday urged his fellow lawmakers to approve Senate Bill (SB) 1591, or the proposed “Internet Transactions Act,” which he authored. During the Senate’s latest hearing on SB 1591, the senator noted the lack of any liability in the country’s laws of online sellers for counterfeit products. “Definitely, we have to find a solution to minimize or totally eliminate the exposure of these counterfeit items in our market and ensure that our consumers will not buy those items,” Gatchalian said. Anyone can sell and anyone can buy but do we have enough safeguards to prevent counterfeit items to come in to the Philippine market?” he asked.

Source: Manila Times October 04, 2020 16:07 UTC