Tekapult TM
FEDERAL LAW DESK REFERENCE FOR CORPORATE COMPLIANCE
Federal Regulations and Agency Guidance Organized by Risk-Specific tPrimers TM
Unfair Competition Conduct - Foreign Principals’ Influence - Consumer Protection
Corporate Compliance with U.S. Anti-Competition/Antitrust Laws
Federal statutes prohibit Anti-Competition Conduct which restrains competition in interstate commerce by every contract, combination, or conspiracy between two or more companies that exerts an unreasonable restraint on trade or commerce. That conduct harms competition by competitors’ agreements to fix prices, boycott, allocate customers, divide geographical territories, obtain price lists directly from competitors, or rig bids; or tying desirable with undesirable products/ services; unlawful monopolies; price dumping or price discrimination/discounts - predatory pricing. This tPrimer summarizes and crystallizes the pertinent key federal laws.
Parameters of U.S. Robocalls and Telemarketing Regulations
Under regulations covering telemarketing calls, auto-dialed calls, prerecorded calls, text messages, and unsolicited faxes, it is lawful to make a call for emergency purposes or with the called party’s prior express consent. But it is unlawful to make any call using any Automatic Telephone Dialing System to any telephone number assigned to a residential or cellular telephone service without the recipient's prior express consent using an artificial or prerecorded voice, including AI-generated or “cloned” voices, without the recipient’s prior express consent. Businesses must legally obtain permission to send a text message to a mobile device. Obtaining an individual’s phone number is not the same as receiving permission to contact them. Callers and texters must honor revocation of consent through anyreasonable means (e.g., replying “STOP” to a text, voicemail, or email) and to process such requests within 10 business days.
FARA – Foreign Agents' Registration Compliance and Enforcement
The Foreign Agents Registration Act (“FARA”) requires individuals acting on behalf of foreign principals to disclose the source of their information, aimed at preventing covert propaganda, as well as their identity when attempting to influence U.S. public opinion, policy, or legislation. Consultants, attorneys, public officials, charitable organizations, marketing and public relations firms, trade promotion groups, U.S. subsidiaries of foreign commercial enterprises, and businesspersons engaged in promoting or lobbying on behalf of foreign principals to influence U.S. public opinion, policy, or legislation may be subject to civil and criminal penalties for violating U.S. foreign agent registration laws.