What is the mechanism for self-regulation that can be enforced through trade practice law via the FTC called?

Question

Quizplus · Accepted Answer

The mechanism for self-regulation that can be enforced through trade practice law via the FTC is called Safe Harbor. It is a way for companies to demonstrate that they comply with specific privacy principles and requirements set by the FTC, and in turn, receive protection from enforcement action by the FTC. Safe Harbor applies to the handling of personal information of EU individuals by US organizations. It is not related to PII protection, safe sailing, or harbor protection.

What Is the Mechanism for Self-Regulation That Can Be Enforced