As today is Friday, an article with considerations on rules and consumers rights within European Union- using some personal experiences as practical examples.
Last Sunday I was watching a news show reporting on watchdogs in Italy, as I reported on Frype/Facebook few days ago.
It was quite interesting to see how it was simply a confirmation that, also when an institution is built around a purpose that is not fulfilling as originally expected, it will shift its purpose from the original one to… its own survival.
AGB2009: Quis Custodiet Ipsos Custodes
Saturday, October 24th, 2009This part of the AGB2009 series (see the presentation)
AGB2009: QUIS CUSTODIET IPSOS CUSTODES
BACKGROUND
Look around: you will see an increasing role in our complex society for various forms of “oversight”, “audit”, “watchdog”, “rating” entities.
ABSTRACT
The first issue is certainly related to authority and initiation.
If, by consensus, established authorities set up a watchdog, the line of authority is clearly inherited from the source, and the initiation contains also the framework for the potential evolution (or dissolution) of the new watchdog.
But what about some of the pre- and post-Internet self-appointed watchdogs?
Tags: AGB2009, financial, market, oversight, rating, watchdog
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