Professional Associations and the Regulation of Standard-setting

TitleProfessional Associations and the Regulation of Standard-setting
Publication TypeWeb Article
Year of Publication1983
AuthorsSchuchman, HL
Secondary AuthorsFrankel, MS
Series TitlePerspectives on the Professions
Volume3
Issue3
PublisherCenter for the Study of Ethics in the Professions, Illinois Institute of Technology
Place PublishedChicago
Publication Languageeng
Keywordsbusiness , BUSINESS ethics , ENGINEERING
AbstractWhile the U.S. economy has set a high value on the voluntary standard setting system, serious concern also exists that this voluntary system can be misused to exclude competitors and injure consumers.The author addresses these concerns in light of the ASME v. Hydrolevel Corporation case in which the Supreme Court affirmed that the ASME was liable for damages to Hydrolevel because of the anti-competitive activities of some of its members involved in the society's standard setting process.
URLhttp://ethics.iit.edu/perspective/v3n3%20perspective.pdf
Short TitleProfessional Associations and the Regulation of Standard-setting
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