Federal Trade Commission

The Federal Trade Commission is an independent agency of the United States government founded in 1914 by the Federal Trade Commission Act. The mission it possesses is the promotion of consumer protection and eliminate the antibusiness practices, such as a monopoly. Under the Act, they are to prevent unfair methods of competition. They also help seek monetary redress and other relief for conduct to consumers and international government agencies. The settlement had resolved a lawsuit that MIC violated the Telephone Consumer Protection Act by making all automated calls to cellphones and calling people who are registered on the National Do Not Call Registry, which caused lawsuits people did not want to get involved with. The FTC also manages…

George Fomum-Mugri MGMT 201 10/25/2016 Intellectual Property – Federal Trade Commission v. Actavis (2013) Summary: The case deals with an antitrust dispute of a progressively increasing practice within the pharmaceutical industry. Brand-name drug manufacturers, such as Solvay Pharmaceuticals and GlaxoSmithKline, challenged with the competition of generic drug manufacturers essentially bribe prospective competitors with cash payments incentivizing them to abstain from the market. These…

mitigate hacking or data thefts; also, once a breach is noticed, laws require that such incident be reported immediately and those affected be notified. Here's what happened after; "Target alerted authorities and financial institutions immediately after we discovered and confirmed the unauthorized access, and we are putting our full resources behind these efforts." This was a brave, timely and right move Target. The company did the right thing by falling in line with laws that require informing…

The _____ is a major trade association of the advertising business in the United States and has established standards of practice and its own creative code. A. Vision Council of America B. Independent Business Alliance C. American Association of Advertising Agencies D. Federal Trade Commission E. National Association of Broadcasters 47. Which of the following statements describes the media's role in the self-regulation of advertising? A. The media must accept all the…

choice from the top 3 Corporate Social Responsibility is reusing technological devices as donations to non-profit organizations, which is used by Dell. Technology Mobile devices In today’s society, mobile devices have been rapidly growing over the past few years. At this pace, there will be an abundance of mobile devices. Federal Trade Commission indicates that “from the newest consumer gadgets to the explosion in communications capability that is driving global economic growth, technological…

hundreds of millions of dollars, and this practice is called cramming (Weisbaum, 2015). Cramming is a commonly used phone billing scam that usually goes unnoticed by consumers and is placed on consumer’s phone bills, and consumers may notice extra charges on their phone bill for things that were not asked for or approved by them. There could be a few reasons behind T-Mobile actions towards their public, such as their motivation of greed and the unawareness of unethical behaviors (Segran, 2012).…

Mary Story and Simone French discuss this concept stating that children under the age of 8 years old “have little understanding of the persuasive intent of advertising” (3). At this age, many children are unable to fully separate advertisements from television shows. Adolescents are in most cases capable of recognizing advertising tactics, but advertisers have placed a fail-safe to still lure in the adolescent age group into purchasing their product. The tactic utilized is by targeting their…

information. But many companies also draw from unexpected sources. Google collects data from search queries, time and date of phone calls, length of phone calls, and even data on a user’s precise location (Google). And while a user may expect that Facebook collects data from everything they post, they may be surprised to learn that Facebook also collects data on a user from posts by other people. Facebook will even collect information on web activity outside of Facebook via third-party partners…

Organizations posses a lot of information, including strategic plans, trade secrets, cost information, legal documents, and process improvements. Of course, preserving the confidentiality the organization’s intellectual property is the basic objective of information security. Protecting the privacy of their customers’ information is also equally important. That means a company and its management team is also responsible in protecting confidentiality and in implementing privacy controls. If they…

“Consumer information”, Federal Trade Commission. Retrieved from http://www.consumer.ftc.gov/articles/0152-credit-scores Hatton, C. (Octorber 26, 2015), “China 'social credit ': Beijing sets up huge system”, BBC news. http://www.bbc.com/news/world-asia-china-34592186 Stanley, J. (October 5, 2014), “China’s nightmarish citizen scores are a warning for americans”, American civil liberties union. Retrieve February 21, 2016 from…