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[ Self - regulation ] One of the problems associated with self - regulation is the lack of a written code of ethics by firms
Selfregulation One of the problems associated with selfregulation is
the lack of a written code of ethics by firms in the industry.
noncompliance by members.
the intrusive enforcement by the FTC
the absence of an industry association with persuasive power.
the opportunity for corporate espionage by competitors.
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