Maine Gov. John Baldacci last week signed into law a measure requiring developers of retail stores exceeding 75,000 square feet to conduct studies gauging the project’s impact on municipal services, the environment and local businesses. The proposed store can’t be approved if the studies find it is likely to cause a quantifiable, “undue adverse impact” on more than one of those fronts and is expected to have a harmful effect on the community overall.
regulations
States Target Big Box Retail
By 6.29.07
Credit Card Companies Cheer New Regulation?
By 5.25.07
The Federal Reserve Board wants credit card companies to clean up their act, and the credit card companies couldn’t be happier. The Fed’s proposed regulation would give customers 45 days notice before a change to their card’s terms, require fees and interest to be shown separately on each bill, and would transform default APR into the more menacing-sounding penalty APR. None of this is objectionable to the credit card companies:
“We strongly agree that improved disclosures empower consumers to make better choices in our competitive marketplace,” said Edward Yingling, head of the American Bankers Association, a lobbying group that represents the biggest credit-card issuers.
We tell you why creditors are grinning, after the jump…
FCC Requires "Consumer Alert" Labels For TVs Affected By The Switch To Digital Television
By 5.5.07
The FCC will require retailers to warn consumers that certain television models will not work without additional equipment after the conversion to digital television in early 2009. The FCC nicely asked retailers to help educate the public, but concluded that voluntary efforts are “not working.”
