FTC Proposed Business Opportunity Rule
On April 5, 2006, the FTC proposed a new Business Opportunity Rule.
In 44 pages , the FTC made it clear that it is heading towards regulating Internet businesses like brick-and-mortar ventures.
Because of the hostile public response, particularly among MLM/network marketing organizations, this proposal has temporarily been shelved while the FTC considers less draconian measures.
It may be years before a final FTC rule is issued but it will come.
Gazing into the crystal ball, one sees Internet businesses becoming as heavily regulated as franchises, the securities industry, and banking.
What does this mean to you?
The FTC already has the power to shut down businesses for violating existing law.
Take an hour to read this book to become acquainted with the FTC and how it works.
After you’ve read it, consult with your legal counsel and take whatever steps are needed to ensure that you’re in full compliance with consumer protection laws.
About the Author
With an advanced international law degree from Georgetown University and more than 14 years of real world legal experience, Attorney Mike Young shows entrepreneurs how to protect and grow their businesses online. He's the author of Internet Marketing
Legal Secrets Revealed. Not just a lawyer who focuses exclusively on Internet and marketing law, Mike’s been working with computers for more than 27 years (his first computer was an Atari 400 with 8 KiB RAM) and started representing Internet businesses back in 1996.








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