During the early 1970s, students at Stanford University and the Massachusetts Institute of Technology carried out what is reputed to be the first e-commerce transaction: the sale of an undetermined quantity of marijuana.
This year, global online retail sales are projected to exceed $2.4 trillion. By 2020, e-commerce will account for 14.6 percent of all retail purchases, nearly doubling its market share in just five years. Consumers shop online for everything from cars to car insurance.
Which raises the question: Do we really need HealthCare.gov? Read more on The Hill.