The incoming Biden administration must address trade relations with China, and that could impact online retailers, say industry executives. They are also closely watching whether the new president and Democrat-controlled Congress will seek to break up tech giants or force them to take greater responsibility for what’s on their sites, which could include marketplaces like Amazon and eBay.
With the inauguration of Joe Biden as president, the Democratic Party now controls the White House and both houses of Congress for the first time in several years. Ecommerce executives are especially watching how the new administration and its congressional allies will regulate technology giants and address trade with China, as both could impact online retailers directly.
Other issues of concern include the handling of the coronavirus pandemic, minimum wage legislation and consumer protection laws.
One question likely to be on the agenda is a key provision of federal law that has protected online social networks and marketplaces, Section 230 of the 1996 Communications Decency Act, which says that website operators are not responsible for content posted on their sites by others.