The 29 members of the Organization for Economic and Cooperative Development have agreed to adopt voluntary e-commerce consumer protection guidelines.
The OECD guidelines aim to provide internet consumers with the same level of consumer protection, credit card security, and privacy in financial transactions as customers are entitled to expect from bricks and mortar retailers.
A spokesperson for the US government said that US consumer protection laws are already consistent with OECD guidelines. Apart from the other 28 countries that are members of the OECD it is likely that many other countries will use the OECD guidelines as a model for their own laws, as has often been the case with other OECD guidelines on tax and trade issues.
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