All GLG News Analyses Filed Under: Regulation & Administrative Law
Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
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April 21, 2008
Microsoft Proposes Tiered Privacy in Online Advertising | www.nytimes.com
The increase in the supply of reinsurance, reinsurance companies through local or foreign, puts Brazil, effectively, on the world market risks protected by insurance and provides a free and necessary competition on the domestic market, expanding the provision of coverage for insured with gains and quality and price.
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P.J. LouisPresidentPJ Louis LLC
Online Advertising is Critical to the Future of Broadband Media – But Not At The Risk of Privacy
April 17, 2008
Microsoft Proposes Tiered Privacy in Online Advertising | www.nytimes.com
I have openly supported online advertising. I believe that it is critical to the future of wireless media and wireline media. Targeted advertising is an essential component of making online advertising effective for advertisers. However, no one should risk their privacy. Society is already having difficulty dealing with identity theft. Advertisers, media companies, and any company handling consumers’ data need to be held accountable.
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NY Times Editorial Misunderstands, Misrepresents Pharmaceutical Development
April 16, 2008
When Drug Costs Soar Beyond Reach | www.nytimes.com
The cost of certain drugs is high -- but so are the regulatory costs and the financial risks of drug development. The process is overseen by the FDA, whose increasing risk-aversion continues to make drug development more expensive and uncertain.
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Online Advertising: Its Future -- and Potential -- are at Stake
April 15, 2008
Microsoft Proposes Tiered Privacy in Online Advertising | www.nytimes.com
For any company advertising online, what happens in the FTC effort to stimulate more aggressive self-regulation is critical. The increased use of data collected online is leading to cutting-edge targeting of advertising that should increase sales while being more satisfying to consumers because it will be keyed to both their immediate and longer term interests. But that innovation invokes privacy concerns about data collection and uses that, if not reconciled, will slow or even stifle the evolution of advertising online. Microsoft suggests one way to approach it. There are others. The FTC is not the only body examining the relationship between online advertising and privacy. New York and Connecticut both have bills before their legislatures, and Congress could easily follow suit. How this increasingly contentious issue is resolved could determine whether the Internet will be a source of dramatic dvances in advertising or just more of the same.
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Government regulation of consumer products: Sometimes, less is more.
April 11, 2008
Political Pendulum Swings Toward Stricter Regulation | online.wsj.com
(1) There is an inverse relationship between the stringency of regulation and innovation. (2) We should seek to impose the amount of regulatory scrutiny that is necessary and sufficient to ensure environmental and public health. (3) Regulation must be cost-effective. Often, it isn't. (4) Many members of Congress appears to believe in the notion that more regulation always makes us safer. They're wrong.
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Peter DehnenPartnerDEHNEN.Lawyers
March 27, 2008
Fighting returns to VW over Porsche's stake | www.ft.com
Volkswagen’s two major shareholders – Porsche and the State of Lower Saxony - are on course for a showdown at the company’s upcoming annual general meeting (AGM) to be held on 24 April 2008. Porsche’s fight with Lower Saxony stems from the so-called “VW law,” parts of which were struck down last year by the European Court of Justice (ECJ).
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Australian retailers facing plastic bag regulations
March 11, 2008
Garrett rules out plastic bag tax | www.news.com.au
Plastic bag taxes remain a big issue internationally. Now moves in Australia (where there is already an anecdotal take-up of woven bags) have placed the regulatory burden on retailers at the fore. There is a political attraction in not imposing a tax, as is seen in the Australian Environment Minister's denials in this article. However, anything less simple than pricing usage directly to the consumer may add a regulatory burden to the retail sector.
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India: Foreign investment in insurance and retail sector, new possibilities
February 29, 2008
Survey favours liberalising FDI in insurance, retail | www.thehindubusinessline.com
In an important policy document released yesterday, the government of India has sounded the possibility of increasing the limit of foreign investments in insurance and the entry of foreign investment into the retail sector. Foreign investment in insurance has been permitted in India for a few years now but subject to limits, and the present move is to increase the limits. Due to political opposition, there has been very little foreign investment in the retail sector, and policy now seems to be moving towards permitting foreign investment in specific categories of retail businesses. The changes which have been mooted for insurance would permit majority holding for the foreign investors in specified types of insurance businesses. The recommendation with respect to investment in the retail sector contemplates full foreign ownership and control, but only in specified retail business such as foreign brands, luxury brands, consumer durables and semi-durables.
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Martin AlpertVice President, Environmental ClaimsHINZ CLAIM MANAGEMENT INC
February 26, 2008
Health Savings Account Answers | www.washingtonpost.com
HSA's are many involved with higher deductibles. It is an attempt to lower health premiums, but with greater participation by the insureds. Depending on the plan the high premiums may be pretax and the balance left in an HSA can be rolled over into the next year and not lost like with a FSA. Contibutions to HSA do not affect contributions to and 401(K) and can be transferred from one employ to another.
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Jack LiftonManaging DirectorJack Lifton, LLC
February 18, 2008
As Nuclear Waste Languishes, Expense To U.S. Rises | www.nytimes.com
The waste production of nuclear power plants is a function both of the frequency of removing waste products and of refueling. Many reactors currently in use and with many years of operation remaining could be retrofitted to utilize thorium in place of much of or all of their uranium. This would eliminate ultimately the production of weapons grade material at those retrofitted plants. Thus the US, and the world, would be a safer place. In addition the fuel refurbishing and replacement cycle for thorium reactors is much less frequent than for pure uranium reactors, so less waste is generated.
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