Cyber Law and The Dark Web: Regulating Hidden Markets

Abstract

This research paper examines the intricate relationship between cyber law and the dark web, focusing on the challenges of regulating hidden markets that facilitate illicit activities. The dark web, characterized by its anonymity and accessibility, has become a hub for criminal enterprises such as drug trafficking, human trafficking, and the sale of illegal goods. In India, a significant portion of the youth population-one of the highest in the world-actively engages with social media, online businesses, and digital transactions, making them a major demographic among dark web users. This interaction poses unique challenges for the Indian economy and business landscape, as it intertwines legitimate online activity with illicit behavior. This study aims to explore the effectiveness of existing legal frameworks, particularly within the context of India's Information Technology Act while also considering international conventions like Budapest Convention. Through a thorough literature review and analysis of current case studies, the paper highlights the limitations and gaps in existing laws that hinder effective regulation of dark web markets. Ultimately, this paper advocates for comprehensive legal reforms and innovative regulatory strategies to better address the complexities of the dark web, ensuring the protection of public safety and the integrity of digital commerce, while mitigating the economic risks associated with youth engagement in these illicit activities.