Consumer Protection For Digital Products Transaction In Internet

Digital products transaction in Internet has become a new growth point of China’s economy in the era of information economy. Consumers’ rights and interests are often damaged during the process of digital products transaction. These new legal problems can’t be solved by the existing legal system in China.The digital products transactions are difficult to define through the traditional civil law theory. Due to the asymmetric information the enterprises have absolute information superiority, so that consumers don’t have the ability to obtain real and comprehensive information. In order to ensure the information rights of consumers the enterprises shall be imposed stricter disclosure obligations of information. Information disclosure obligations shall be executed in two different periods, namely before and during the conclusion of contract.Digital products transaction has been clearly incorporated into the scope of protection by the newly revised "Law of the PRC on the Protection of the Rights and Interests of Consumers". However, consumers, who have purchased digital goods in Internet, do not have the right of withdrawal. Therefore, consumers’rights are not guaranteed in real sense. A special legal system for protection of digital products transactions should be established. According to the characteristics of the digital products a targeted system design for consumers’rights of withdrawal should be adopted.Within the legislative framework of consumer law the author tries to build up a targeted consumer protection system for digital products transaction in order to further improve the relevant legal system in China and meet the needs of economic and social development of the information age.