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Online Privacy: Government or Self Regulated

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Many people believe that the government should regulate business with respect to online privacy, but companies say self-regulation is more appropriate. Which approach would benefit consumers most?

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The government has long been in debate about whether or not regulation about online privacy should come from their departments or if it should be self-regulated. While many organizations believe they can monitor themselves and ensure online privacy is top notch for their consumers, there are governmental agencies, such as the Federal Trade Commission (FTC) and Department of Commerce, feel differently. According to an article written by Lee (2010), the "Federal Trade ...

Solution Summary

A discussion regarding whether government regulation or company self-regulation is more appropriate to monitor and regulate online privacy including a personal opinion about which would benefit customers most. 251 words, 1 reference.

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Business Law: Why do we have regulatory agencies? Data privacy issues.

1.Why do we have regulatory agencies? Why does a business person need to know who his major regulators are? Name one at the federal level that impacts business communications and briefly describe its functions and impact on business communications.

2.Data privacy has come under increased regulatory scrutiny. Comment on the differences between self-regulated and regulated aspects of this topic and how a business person must consider both legal and ethical aspects of the actions they take when conducting business, including international operations.

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