1. World problems
  2. Ineffective monitoring of restrictive business practices due to inadequate regulation

Ineffective monitoring of restrictive business practices due to inadequate regulation

Nature

There are two main difficulties which confront authorities in obtaining information on restrictive practices from firms, in particular as regards such involving the activities of transnational corporations. These are: (a) company refusals to supply information because of its so-called secret nature since it relates to intra-company relations; and (b) states' unwillingness to permit companies within their jurisdiction to transmit documents requested by foreign authorities or courts. It is often the subsidiaries or parent companies of transnational corporations located in foreign countries which possess the information requested, and hence the ability to obtain such information depends not only on the willingness of the company in question to provide it, but also on the willingness of governments in foreign countries to permit the supply of the information requested.

Broader

Aggravates

Strategy

Value

Restriction
Yet to rate
Regulation
Yet to rate
Nonrestrictive
Yet to rate
Ineffectiveness
Yet to rate
Inadequacy
Yet to rate
Business
Yet to rate

SDG

Sustainable Development Goal #12: Responsible Consumption and Production

Metadata

Database
World problems
Type
(F) Fuzzy exceptional problems
Subject
  • Societal problems » Inadequacy
  • Societal problems » Restrictions
  • Societal problems » Ineffectiveness
  • Research, standards » Inspection, tests
  • Content quality
    Yet to rate
     Yet to rate
    Language
    English
    Last update
    Dec 3, 2024