Magazine: E-commerce: Dynamic growth, growing risk
In the last decade e-commerce’s market share has been growing dynamically in Hungary. From 2019 to 2020 the growth was nearly 35 percent – reports the State Audit Office (ÁSZ).
Everything is different now
In the last 10 years e-commerce underwent revolutionary changes due to the development of technology. New areas, new players and new risks appeared in the market, plus new business models transformed the retailer-customer relationship. Rules and regulations adopted by the European Union seek to create a level playing field for the e-commerce segment, where online shopping is safe and competition is fair. At the same time the new rules also keep out the large masses of low-priced products from the Far East, thanks to the obligation for shoppers to pay taxes based on the place of consumption.

New fields, new actors and new risks are showing up in e-commerce
Two new EU recommendations are being prepared
Currently the European Union is working on two draft legislations, the objective of which is to establish a transparent and safe cyberspace. However, as long as the new rules aren’t adopted by the legislations of member states, the safety of consumers can’t be guaranteed satisfactorily. The report by ÁSZ also calls attention to the importance of strengthening consumer consciousness, so that consumers can make responsible decisions when shopping online, protecting their personal data. //
Related news
Chinese e-commerce attacks with five-week series of promotions – Singles’ Day has become a global shopping marathon
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Clothes come online, profits go out – the Hungarian online fashion market is in foreign hands
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >You can now shop on ChatGPT – Walmart and OpenAI partnership opens a new era in e-commerce
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
Lidl Hungary joined the donation convoy
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Kifli.hu’s parent company and AutoStore are creating a world-first, AI-driven center
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Eurostat: the number of guest nights spent in EU tourist accommodation establishments exceeded three billion in 2024
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >