Legal-Judicial Review of Hoarding in E-Commerce

With the development of e-commerce in the recent couple of decades, one of the newly-emerged subjects in global communications and virtual space is hoarding in e-commerce. Hoarding is entailing the common essential commodities in order to expect the prices to increase; and in jurisprudence its scope is limited to the four cereals, oil, and edible oil. Entailing and storage of public essential needs, intention of increasing prices during the shortage of goods, and creating shortage of commodities are the criteria for its occurrence. Now, some relevant questions are, “Is electronic hoarding the same as the expression of hoarding common in jurisprudence?” “What will be the verdict?” “How does this kind of hoarding occur?” “Is data and information regarded as the property?” “What is the penal punishment in this kind of hoarding?” In brief, hoarding in virtual space is the same as hoarding in the material space if the condition and element of hoarding occur and the hoarders has perpetrated a forbidden and unlawful act and the court can force the violator to defilterize the sale-system, to activate the software, and to share the information. He must be accountable to the customers’ demands and decreasing the prices.