False Claims Act
Federal statute that sets criminal and civil penalties for falsely billing the government, over-representing the amount of a delivered product, or understating an obligation to the government.
Federal statute that sets criminal and civil penalties for falsely billing the government, over-representing the amount of a delivered product, or understating an obligation to the government.
The Family Smoking Prevention and Tobacco Control Act of 2009 implemented multiple wide-sweeping restrictions on the tobacco industry and gave the FDA broad authority to regulate tobacco products. A few of the biggest restrictions include:
The Federal Trade Commission (FTC) is an independent federal administrative agency, created by Congress in 1914 with the FTC Act.
The Federal Trade Commission (FTC) is an independent federal agency created in 1914 by the FTC Act. It is composed of five Commissioners appointed by the President and confirmed by the Senate. Each Commissioner serves a seven-year term. The Commission may not have more than three Commissioners belonging to the same political party.
The International Monetary Fund (“IMF”) defines foreign direct investment (“FDI”) as a “cross-border investment” in which an investor that is “resident in one economy [has] control or a significant degree of influence on the management of an enterprise that is resident in another economy.” See:
Free trade refers to a trade policy that advocates international trade without restrictions by governments against imported or exported products, such as the trade of goods without taxes or trade barriers, the trade in services without taxes or trade barriers, and unregulated access to markets and market information.
The Federal Trade Commission (FTC) is an independent federal agency created in 1914 by the FTC Act which enforces many of the nation's consumer protection and anti-monopoly laws.
Gibbons v. Ogden (1824) was a Supreme Court case that famously expounded upon the powers of the commerce clause, setting the precedent of Congress’s broad ability to regulate interstate and some intrastate commerce.
International trade refers to commerce that occurs across national borders. An illustrative example is the importation and exportation of goods and services across national borders. The term international trade may also include foreign direct investments, especially in cases where the foreign investment impacts trade in goods and services.
The International Traffic in Arms Regulations (ITAR) is a set of US Government regulations that control the import and export of defense products. The purpose of ITAR is to safeguard national security, and to further American foreign policy interests.