Creating a Virtual Products Market Based on Open Standards An investigation on Legal Aspects of the XML Web Services Market

Abstract

In the essay, a virtual products market is being investigated from a legal perspective. The market is being viewed from the dimensions of law, markets, norms and technology. Three specific focus points are being highlighted - if parties that engage in automatic transaction in a standards-based system obligated towards each other; what changes XML Web Services may create in creating a solution to diminish illegal copying of software, and if there are risks for providers of XML Web Services to be subject to patent infringement.