Online Marketplace
/ˈɒnˌlaɪn ˈmɑːrkɪtˌpleɪs/
Definitions
- (n.) A digital platform facilitating commercial transactions between buyers and sellers, often governed by specific regulations on liability and consumer protection.
The online marketplace was held liable for counterfeit items sold by third-party vendors.
Forms
- online marketplace
- online marketplaces
Related terms
See also
Commentary
In drafting, clarify the roles and responsibilities of platform operators versus users to address liability and regulatory compliance.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.