Impact of E-COMMERCE in Detail.
. Abuse of Power
. Impact on children.
. Encouragement of monopoly practices.
.Loss of security
.E-mail monitoring
.Loss of Individuality
.Cost Reduction
.Better Customer Service
.Better Inventory Management
.Better interactions
.Impact on tax, trade and regulatory policies.
.Impact on Employment and Labour Policies.
Monopoly Market- Mono means Single and poly means Seller. Thus a monopoly market is one where a firm is the sole seller of a product without any substitutes. The seller does not face any competition in such a market structure as he or she is the only seller of that particular product. A firm is a commercial enterprise, a company that buys and sells products and/or services to consumers to make a profit. In the word E-Commerce, the term is commonly used for 'business' or 'with the company'.