As e-commerce continues to grow in the United States andabroad, new consumer protection laws are needed. Use the Internet to researchrecent developments in consumerprotection for transactions through cyberspace. (Kubasek et al., 2013,p. 754-5). Consider cyberspace consumer protections that may affect thebusiness in which you work, in which you would like to work, or from asituation you have experienced. Think of this issue from the perspective of abusiness working with customers; consider how protecting customers may costyour business profits, or, how it might make your business profits by"differentiating" your business from others like it. Then, consider this fromthe perspective of a legislator or regulator, trying to protect customers fromthis situation. (Some ideas: identity theft, credit card interest rates,airline baggage fees, etc.). Be creative.
Put yourself inthe shoes of a legislator and propose (make up) a government regulation, or lawthat you would like to see enacted. Think of the consequences (good andbad) of the proposed regulation or law that you have suggested to businesses,and to consumers. Consider any unintended consequences that might occur.
Note - youwill not look up a regulation that someone else has already written like we didfor the Week 2 Assignment. You will think up a regulation yourself.
1. Include a reference(s) from the problem(s) you found inyour online research. (These points are a part of the points forquestion 1a)
2. APA formatting required. (Cite your sources and putdirect quotes in quotation marks)
Answer thesequestions:
1. What is the regulation or law that you wouldpropose? Be very specific in the wording. (This will be your own idea andwritten in your own words). Answer:
. What problem did you find in your researchonline that your regulation plans to address? Include a citation to thearticle(s) that describes the problem.
b. What consequences might your proposedregulation/law have on affected businesses? Describe one good and one badconsequence. Good consequence (5pts):
Bad consequence (5pts):
c. Whatconsequences might your proposed regulation/law have on protected consumers?Describe one good and one bad consequence.
Good consequence :
Bad consequence: Consider unintendedconsequences. What might one be? Describe it.