Government regulation of the economy is the impact of the state on the activities of economic entities in order to ensure normal conditions for the functioning of the market mechanism. All the negative aspects of the market economy can serve as an explanation of the reasons for strengthening the role of government in the economy. The main purpose of the economic activities of the state is to prevent possible negative effects of market regulators. In order to do so, the government provides legal laws that determine conditions and requirements for normal functioning of the market entities. Such laws include Antitrust Improvement Act (1976), Trademark Counterfeiting Act (1980), Trademark Law Revision Act (1988), Nutrition Labeling and Education
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An auto dialing system means “equipment which has the capacity to store or produce telephone numbers to be called, using a random or sequential number generator; and to dial such numbers” (FCC). Technically, it is a computer that will call your number and place the next representatives available to speak with you. You might hear the message, “please hold for the next available representative to speak with” before getting put on hold for something like a credit card payment. However, an autodialer system would call your phone and as soon as it is answered you would get the same message and then a dial tone would shoot to some person who would have your information displayed on their monitor just from having your phone number. These are examples of illegal calling and some of these are the things that can happen to those unwanted phone …show more content…
However, none have succeeded. Apparently, an important court case was Capital One settling a case of $75.5 million. In the article, Capital One agrees to a $75 Million Telephone Consumer Protection Act (TCPA) Settlement. Meredith C. Slawe, a partner in the firm 's Litigation Group and Brynne S. Madway, an associate of the Litigation Group claim that Capital One, as well as a few other parties, were using auto telephone dials on “21 million cell phone numbers without the requisite consent” (Slawe and Madday, 2014). Due to this, Capital One put out a settlement of $73.5 million as the other defendants put up 2 million dollars together. This would be recorded as the highest settlement in court since the passing of the
An auto dialing system means “equipment which has the capacity to store or produce telephone numbers to be called, using a random or sequential number generator; and to dial such numbers” (FCC). Technically, it is a computer that will call your number and place the next representatives available to speak with you. You might hear the message, “please hold for the next available representative to speak with” before getting put on hold for something like a credit card payment. However, an autodialer system would call your phone and as soon as it is answered you would get the same message and then a dial tone would shoot to some person who would have your information displayed on their monitor just from having your phone number. These are examples of illegal calling and some of these are the things that can happen to those unwanted phone …show more content…
However, none have succeeded. Apparently, an important court case was Capital One settling a case of $75.5 million. In the article, Capital One agrees to a $75 Million Telephone Consumer Protection Act (TCPA) Settlement. Meredith C. Slawe, a partner in the firm 's Litigation Group and Brynne S. Madway, an associate of the Litigation Group claim that Capital One, as well as a few other parties, were using auto telephone dials on “21 million cell phone numbers without the requisite consent” (Slawe and Madday, 2014). Due to this, Capital One put out a settlement of $73.5 million as the other defendants put up 2 million dollars together. This would be recorded as the highest settlement in court since the passing of the