Self-regulatory practices of electronic trade and transnational public order in the context of ensuring the economic security of the state

Abstract

The purpose of the article is to provide a legal assessment of the strengths and weaknesses, as well as opportunities and threats associated with self-regulation practices in electronic trade, particularly in their interaction with the requirements of compliance with transnational public order, that generally affects ensuring the economic security of the state. In this article dialectical, analysis and synthesis, systemic, legal and dogmatic, interpretation of norms, comparative and legal, SWOT-Analysis were used as the main research methods. There are considered factors, that can be used to determine the advisability of self-regulation in electronic commerce, that may include the legislative framework (state policy, legal norms), the organization of electronic trade control means (both by the state and by consumer organizations and self-regulatory organizations), the practice of traders in a particular market, the honesty of sellers, the ethics of carrying out electronic trade, consumer considerations (vision, interests), and martial law conditions. Special attention is drawn to the fact, in the context of war, self-regulation of electronic trade requires its implementation on the ethical basis of preserving human life and prohibiting cooperation with counterparties from the aggressor state. It has been concluded that the level of national economic security can be measured both by compliance with the mandatory provisions of transnational and national public order as well as by the benefits of self-regulatory practices of electronic commerce.