According to Section 5 of the FTC Act, self-regulation primarily involves a company's right to determine which bodies will be involved in adjudication.
The Federal Trade Commission (FTC) supervises and enforces laws regarding advertising to children via the Internet in the United States. The FTC is an independent agency of the U.S. government that protects consumers and promotes competition in the marketplace. One of the areas of focus for the FTC is ensuring that advertising practices are fair and not misleading, particularly when it comes to advertising targeted at children.
International data transfers" was not one of the five priority areas listed in the Federal Trade Commission's 2012 report, "Protecting Consumer Privacy in an Era of Rapid Change: Recommendations for Businesses and Policymakers.
The "Consumer Privacy Bill of Rights" presented in a 2012 Obama Administration report is generally based on principles found in the European Union (EU) Directive on Data Protection. The EU Directive, also known as Directive 95/46/EC, was a comprehensive privacy framework that established principles and requirements for the protection of personal data within the European Union.
A legal document approved by a judge that formalizes an agreement between a governmental agency and an adverse party is called a "consent decree."
