Not surprisingly, subsequently, companies have sought ways of avoiding requests for knowledge. Since the Forties, the Federal Trade Commission (FTC) has collected economic data on corporate efficiency from individual companies for statistical functions. As long as each firm engages in a single line of business, knowledge are comparable. When the era of conglomerates began in the Seventies, with widely divergent forms of businesses introduced together underneath the roof of a single company mother or father, the info became useless for purposes of inspecting the competitive behavior of various industries. So the FTC ordered dozens of huge firms to break out their financial data in accordance with every line of enterprise that they carried on.
A somewhat extra profitable claim is that the company did not abide by its own procedures or these imposed upon it by the Administrative Procedure Act. Regulated firms are often required to submit confidential information to … Read More