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 and protects the market from firms that may seek to push other firms out of their industry by using unfair pricing practices
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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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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 to address perceived market and regulatory failures responsible
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National Advertising Review Council Self-Regulation of the Advertising Industry A Brief History of Advertising Regulation The first official regulation of the advertising industry happened over 100 years ago‚ when in 1906 the government passed the Pure Food and Drug Act. In this era‚ the most common deceptive practice was to mislabel products‚ especially medicines‚ tonics‚ food‚ etc. from what the actual ingredients were in the container (FDA). Oftentimes‚ harmful ingredients were left
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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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Do we need an alternative theory of economics? Economics is usually defined as the problem of how best to distribute limited resources‚ limited because wants are characterised as unlimited‚ but common sense tells us that rather than limited resources‚ there is an abundance of resources. The difference is one of perspective and this is core to any alternative understanding of economics. If wants are the focus‚ then of course resources are limited by definition‚ but if minimum needs or essentials
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The history of Alternative fuels‚ or at least the concept of it‚ has been around since the early days of the automobile. Alternative fuels such as biodiesel‚ ethanol and methanol‚ have been produced and used on a small scale for decades. They are now being rediscovered due to the rising cost of oil and the instability of world politics. The discovery of these fuels changed the face of the planet‚ but since day one people have looked for other fuels that improved over the course of history. Alternative
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implementing rules and regulation IMPLEMENTING RULES AND REGULATIONS OF REPUBLIC ACT 9003 Pursuant to the provisions of Section 59 of Republic Act No. 9003 ‚ otherwise known as the "Philippine Ecological Solid Waste Management Act of 2000‚" and by virtue of Executive Order No. 192‚ Serie s of 1987‚ the Department of Environment and Natural Resources hereby adopts and promulgates the following rules and regulations PART I . GENERAL PROVISIONS Rule I. Preliminary Provisions Section
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INTRODUCTION This report evaluates two different global regulations‚ namely: Corporate social responsibility and Climate change and also compares the origin of the two regulations. Further the report explains how the corporate social responsibility applies to a multinational organization. It analyses the impact of the CSR on organization’s public relations and also that of the global media. CORPORATE SOCIAL RESPONSIBILITY: Corporate social responsibility (CSR) is the opinion that public has
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28 November 2011 Regulation of Hate Speech The idea that the government might cut off hateful or propaganda filled-speech is counter to the idea that America cherishes‚ that all people are created equal with unalienable rights‚ one of which is the right to voice unpopular ideas. Racist speech on campus or in the public square is uninviting‚ but acceptable‚ under certain circumstances. In Charles R. Lawrence III’s essay‚ “On Racist Speech‚” Lawrence argues against the regulation of speech that he
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