scholarly journals Financial Consumer Protection in the U.S. and the E.U. A Preventive Building Block of Banking Bailout Law

Author(s):  
Virág Blazsek
2021 ◽  
Vol 0 (0) ◽  
Author(s):  
Matin Pedram

Abstract Competition is building block of any successful economy, while a cartelized economy is against the common good of society. Nowadays, developing artificial intelligence (AI) and its plausibility to foster cartels persuade governments to revitalize their interference in the market and implement new regulations to tackle AI implications. In this sense, as pooling of technologies might enable cartels to impose high prices and violate consumers’ rights, it should be restricted. By contrast, in the libertarian approach, cartels’ impacts are defined by government interference in the market. Accordingly, it is irrational to rely on a monopolized power called government to equilibrate a cartelized market. This article discusses that AI is a part of the market process that should be respected, and a restrictive or protective approach such as the U.S. government Executive Order 13859 is not in line with libertarian thought and can be a ladder to escalate the cartelistic behaviors.


2000 ◽  
Vol 1 (1) ◽  
pp. 100-138
Author(s):  
David A. Hounshell

First experimented with in the 1920s and 1930s in the production of automobile engines, transfer machines became dominant in U.S. engine plants in the 1940s and 1950s, as automakers invested heavily in this equipment to meet pent-up demand following the war. Transfer machines thus became identified with “Detroit automation”. But with the advent of a “horsepower race”, firms found that transfer machines could not accommodate even minor changes in design. Late in the 1950s the industry developed and applied “building-block automation” to transfer machines to attain greater flexibility. Examining these developments contributes to our understanding of both specific industries and the general history of mass production and its alternatives.


BioResources ◽  
2017 ◽  
Vol 12 (2) ◽  
pp. 4364-4383 ◽  
Author(s):  
Andrea Komesu ◽  
Johnatt Allan Rocha de Oliveira ◽  
Luiza Helena da Silva Martins ◽  
Maria Regina Wolf Maciel ◽  
Rubens Maciel Filho

Lactic acid is a naturally occurring organic acid that can be used in a wide variety of industries, such as the cosmetic, pharmaceutical, chemical, food, and, most recently, the medical industries. It can be made by the fermentation of sugars obtained from renewable resources, which means that it is an eco-friendly product that has attracted a lot of attention in recent years. In 2010, the U.S. Department of Energy issued a report that listed lactic acid as a potential building block for the future. Bearing the importance of lactic acid in mind, this review summarizes information about lactic acid properties and applications, as well as its production and purification processes.


1987 ◽  
Vol 70 (3) ◽  
pp. 591-595
Author(s):  
Donald V Reed ◽  
Pasquale Lombardo ◽  
John R Wessel ◽  
Jerry A Burke ◽  
Bernadette Mcmahon

Abstract The U.S. Food and Drug Administration (FDA) carries out an extensive program to monitor foods for pesticide residues. The 2 main objectives of the program are to enforce tolerances established by the Environmental Protection Agency for pesticide residues on foods and feeds and to determine the incidence and level of pesticide residues in the food supply. Because of the wide diversity of pesticide/ commodity combinations encountered, FDA uses a number of different approaches to achieve effective consumer protection. The components of the FDA Pesticides Monitoring Program and the strategy used in its development are described.


1988 ◽  
Vol 71 (1) ◽  
pp. 1-6
Author(s):  
Walter Holak

Abstract In recognition of his skill at conceiving rugged, elegant analytical methods that have helped further the consumer protection mission of the U.S. Food and Drug Administration (FDA), the 1987 AOAC Harvey W. Wiley Award was presented to Walter Holak at the 101st AOAC Annual International Meeting and Exposition in San Francisco, CA, Sept. 14, 1987. Holak began working for FDA on Dec. 10, 1962, the same year he became a member of AOAC. In the ensuing 25 years, he has developed many methods, perhaps the most significant being those to measure methyl mercury and iodine and that to determine "free" and "total" sulfites in foods. FDA recognized his achievements with a Commendable Service Award in 1979, and in the same year AOAC gave him the double honor of naming him Associate Referee of the Year and electing him a Fellow.


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