As e-commerce continues to grow in the United States and abroad, new
consumer protection laws are needed. Use the Internet to research recent
developments in consumer protection for transactions through
cyberspace. (Kubasek et al., 2013, p. 754-5). Consider cyberspace
consumer protections that may affect the business in which you work, in
which you would like to work, or from a situation you have experienced.
Think of this issue from the perspective of a business working with
customers; consider how protecting customers may cost your business
profits, or, how it might make your business profits by
differentiating your business from others like it. Then, consider this
from the perspective of a legislator or regulator, trying to protect
customers from this situation. (Some ideas: identity theft, credit card
interest rates, airline baggage fees, etc.). Be creative.Make a
recommendation for a government regulation, or law that you would like
to see enacted. Think of the consequences (good and bad) of the proposed
regulation or law that you have suggested to businesses, and to
consumers. Consider any unintended consequences that might occur. Your
paper should have the following sections:Regulation or law proposal. Be very specific in the wording. (Your own idea and words). (20 points).What
problem did you find in your research online that your regulation plans
to address? Include a citation to the article(s) that describes the
problem. (10points)What consequences might your proposed
regulation/law have on affected businesses? Describe one good and one
bad consequence. (10 points)What consequences might your
proposed regulation/law have on protected consumers? Describe one good
and one bad consequence. (10 points)Consider unintended consequences. What might one be? Describe it. (5 points).ReferencesInclude a reference(s) from the problem(s) you found in your online research. (5 points)APA formatting required. (5 points)65 points.
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