Industrial regulation pertains to the government regulation of firms’ prices or rates within industries. These regulations are in existence to prevent companies from forming a monopoly‚ to promote competition and achieve allocative efficiency. (McConnell‚ Brue & Flynn‚ 2011) In the mid 1800s‚ as industry grew‚ many industries began to take on the look of a monopoly by being dominant firms. They used questionable pricing tactics and were charging their customers high prices. The customers and businesses
Premium
Ethics and Economics Dr. Wight 12/12/13 Tobacco: The Ethical Regulation of an American Symbol Tobacco has been a staple of the American economy since the early days of colonial Virginia when it because the young country’s first cash crop. As the nation expanded‚ so too did tobacco’s prominence and it joined cotton as the primary export of the southern United States‚ playing a critical role in solidifying our economic stability and prosperity. However‚ in the 20th century‚ with technological advances
Premium Tobacco Nicotine Ethics
According to Edexcel 2004‚ the regulation of advertising industry are based on the media used‚ the nature of the products or service advertised and the nature of the business of the advertiser. 1. The media Used‚ because of the different characteristics of the various media from which an advertiser can choose‚ different levels of regulation. Television is the most heavily regulated medium . 2. The nature of the products or servive advertised‚ varying levels of regulation may exist‚ for example harmful
Premium Advertising Mass media Morality
Regulation and Criminal Liability Monique Celestine April 22‚ 2014 Dr. Angela Stewart Professional Regulation and Criminal Liability Currently in the United States‚ the Americans continue to face unfair treatments of health care professionals within the work place. Regulates and laws have been created and set forth to help individuals’ feel protected and to know their rights as a victim of such criminal acts. People deserve to be treated with respect‚ especially in the care of health professionals
Premium Health care Health care provider Medicine
FIIs – Regulations and Impact on Indian Markets Who is a Foreign Institutional Investor? A foreign Institutional Investor (FII) is an institution established or incorporated outside India which proposes to make investment in securities of companies incorporated in India (“Indian Companies”) [1]. FIIs seeking to invest in Indian Companies are required to be registered with the Securities and Exchange Board of India (SEBI). They need to comply with the provisions of the Guidelines for Foreign
Premium Stock market Investment Stock exchange
The Influence of Auditor Independence Regulation on Earnings Quality: An Empirical Analysis of Firms Cross-Listed in the US# Roger Meuwissen Universiteit Maastricht Frank Moers Universiteit Maastricht Erik Peek Universiteit Maastricht Ann Vanstraelen Universiteit Antwerpen and Universiteit Maastricht September 2003 # Corresponding author is Ann Vanstraelen. E-mail address: a.vanstraelen@aim.unimaas.nl. Adress for correspondence: Department of Accounting and Information Management‚ Faculty of
Premium Audit Auditing Auditor's report
Insurance Regulation in the Commonwealth Caribbean has emerged from custom‚ based on the principles and policies of the English Common Law. Insurance allows for the protection of an event or thing against risk of loss or damage‚ by another party‚ such as an insurance company‚ which agrees to compensate its equivalent in occurrence of the event. The importance and relevance of its regulation‚ sourced in legislation‚ judicial decisions‚ and regulations issued by insurance commissions‚ are clearly shown
Premium Insurance Trinidad and Tobago Economics
Food Hygiene Regulations 2006 What are the regulations? The Food Hygiene (England) Regulations 2006 are supported by European Regulation 852/2004. Who is affected? Anyone who owns manages or works in a food business‚ apart from those working in primary food production such as harvesting‚ slaughtering or milking‚ is affected by these Regulations. They apply to anything from a hot dog van to a five star restaurant‚ from a village hall where food is prepared to a large supermarket‚ or to a vending machine
Free Hygiene
demerits of self-regulation. Relevant examples will be cited that illustrate the points raised. Appropriate definitions of the key words will also be provided. The terms that will be defined are regulation‚ self-regulation‚ demerits and merits. The cases that have been taken up by the Voluntary Media Council of Zimabawe will be included at the end of the discussion. What is regulation? The first explanation is from Ogus (1994) who quotes Selznick (1985) as saying that “Regulation‚ is “sustained
Free Journalism Mass media Newspaper
Computer Lab Rules & Regulations Electronic workstations may only be used by current Swinburne University students and staffs. Swinburne identity card must be presented on request. Swinburne computing facilities should only be used for educational‚ research and administrative purposes of Swinburne. All other uses are strictly prohibited. The following rules and terms apply to all computers on campus. Terms and Conditions 1. All users must abide by the license requirements of any software
Premium Personal computer Laboratory Operating system