Wheeler-Lea Act of 1938 was created as an amendment to the Federal Trade Commission Act. It made the FTC independent from the Department of Justice and also made unfair and deceptive sales illegal. The above are all industrial regulation entities. Industrial regulation ensures pricing fairness throughout any industry according to a specific commodity. It can be put in place by the industry itself or the government as in the entities listed in the above paragraph. It exists to effect market structures
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Financial Crisis has caused the threat of total collapse in large financial institutions‚ downturn of stock markets as well as bail out of banks by many governments. This has brought more concern on banking supervision and regulation. There is a need to reform the financial regulation as it is one of the factors that contributes to the crisis. Many efforts have come underway to address many of the limitation in the financial infrastructure. Massive global legislative and regulatory responses are generated
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Ontario Regulation 455/07 and Demerit Point System The Ontario Regulation 455/07 and the Demerit Points System work hand in hand with each other to keep the driving roads safe and the people on it far from danger. Firstly‚ the Ontario Regulation 455/07 is a detailed article that states rules against extreme drivers. To begin with‚ this document prohibits racing on roads. Whether a driver is racing‚ chasing or attempting to outdistance another car‚ he/she will be charged with the offence of
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of accounting regulations. Some people have many reasons favouring accounting regulations such as the belief that accounting conventions are needed in order to allocate and control the economic outcomes of resource allocation and information stipulation in the market. However‚ others have arguments against the use of accounting regulations‚ such as regulation leading to oversupply of information as users who don’t bare any cost tend to overstate their needs. Accounting regulation arose shortly after
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Health Law and Regulations Bianca Needham September 22‚ 2014 Professor Kathleen Cross Health Law and Regulations Federal regulation agencies function as an extension of the executive branch in government that generate and enforce legislation. Regulation and regulatory agencies play an important role in the health care arena. The array of regulations that govern healthcare are overwhelming‚ however‚ each individual regulatory agency has a specific scope that focuses on protecting and maintaining
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expected to give up their national sentiments or their political and religious convictions‚ they shall at all times bear in mind the reserve and tact incumbent upon them by reason of their international status (see UN Staff Regulation 1.4). 1.4.2 In addition to the UN Staff Regulations‚ staff shall also be guided by the principles contained in the Report on the Standards of Conduct in the International Civil Service (see Annex 1.E). Originally prepared in 1954‚ its applicability has been reconfirmed on
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Autumn Hamman Professor Thompson . Government regulation of the Internet is a hotly debated issue‚ there are lots of pro’s and con’s to the subject. Lets take a look at three of the biggest reasons the Internet should be regulated. One of the biggest reasons that I feel the Internet should be regulated is to protect women and children from sex trafficking and pornography. If we cannot protect the children and women from sexual trafficking and pornography on the Internet then we are failing
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Government Cybersecurity Regulation of the Private Sector University of Maryland University College Abstract Unlike other countries‚ the line between the public and the private sector in the United States is not finite‚ and ideally the two should collaborate toward a common goal of increased cyber security to protect national interests. The future of US cyber security legislation is not without obstacles‚ as private industry resents increased government intervention‚ and the government
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CASE STUDY – PIZZA HUT School cafeterias served nearly $500 million of pizza a year. Only frozen pizza was used‚ however‚ because freshly prepared pizza was effectively excluded by a U.S. Department of Agriculture (USDA) regulation that required inspection of any pizza with meat toppings that was sold at wholesale for resale. The same was true for other institutions such as hospitals and prisons. The 39 broader issue was the closure of the institutional market to freshly-prepared foods such as
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In the world of mass media there are many regulations that exist. These regulations are decided by the Federal Communications Commission (FCC). On June 19‚ 1934 the FCC‚ which is an independent government agency‚ was created under the Communications Act of 1934. At the beginning the FCC was responsible for regulating broadcast‚ telegraph‚ and telephone. Now the FCC expanded its regulations to new communication technologies such as the satellite‚ microwave‚ cellular telephones‚ PCS service and private
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