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Safe harbor (commerce)

In the context of commercial takeovers, safe harbors function as a form of shark repellent used to thwart hostile takeovers. Under implementation of this provision, a target company will acquire a troublesome firm in order to raise the acquisition price and make acquisition by other parties economically unattractive.[original research?]

United States edit

The Private Securities Litigation Reform Act of 1995 includes safe-harbor provisions to protect companies which make financial and investment forecasts in public markets.

The United States Department of Commerce runs a certification program which it calls Safe Harbor and which aims to harmonize data privacy practices in trading between the United States of America and the stricter privacy controls of the European Union Directive 95/46/EC on the protection of personal data. For more information, see Safe Harbor Principles.

The Public Health Service publishes a set of Safe Harbor rules within Title 42, Code of Federal Regulations, to preclude Life Science companies from withholding important medical information from the public for fear of being prosecuted for Medicare violations. It is illegal for a firm to advertise or promote a drug, biologic, or medical device for a purpose other than an indication approved by the Food and Drug Administration; recommending such off-label use for a product subject to reimbursement under Medicare or Medicaid constitutes felony fraud. Safe Harbor establishes rules defining when and how such information may be published (for example, medical journal reports of clinical trials) without the company running afoul of advertising and marketing restrictions.[citation needed]{[original research?]

References edit

safe, harbor, commerce, this, article, multiple, issues, please, help, improve, discuss, these, issues, talk, page, learn, when, remove, these, template, messages, this, article, does, cite, sources, please, help, improve, this, article, adding, citations, rel. This article has multiple issues Please help improve it or discuss these issues on the talk page Learn how and when to remove these template messages This article does not cite any sources Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Safe harbor commerce news newspapers books scholar JSTOR May 2012 Learn how and when to remove this template message This article s factual accuracy is disputed Relevant discussion may be found on the talk page Please help to ensure that disputed statements are reliably sourced June 2023 Learn how and when to remove this template message Learn how and when to remove this template message In the context of commercial takeovers safe harbors function as a form of shark repellent used to thwart hostile takeovers Under implementation of this provision a target company will acquire a troublesome firm in order to raise the acquisition price and make acquisition by other parties economically unattractive original research United States editThe Private Securities Litigation Reform Act of 1995 includes safe harbor provisions to protect companies which make financial and investment forecasts in public markets The United States Department of Commerce runs a certification program which it calls Safe Harbor and which aims to harmonize data privacy practices in trading between the United States of America and the stricter privacy controls of the European Union Directive 95 46 EC on the protection of personal data For more information see Safe Harbor Principles The Public Health Service publishes a set of Safe Harbor rules within Title 42 Code of Federal Regulations to preclude Life Science companies from withholding important medical information from the public for fear of being prosecuted for Medicare violations It is illegal for a firm to advertise or promote a drug biologic or medical device for a purpose other than an indication approved by the Food and Drug Administration recommending such off label use for a product subject to reimbursement under Medicare or Medicaid constitutes felony fraud Safe Harbor establishes rules defining when and how such information may be published for example medical journal reports of clinical trials without the company running afoul of advertising and marketing restrictions citation needed original research References edit nbsp This business term article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Safe harbor commerce amp oldid 1160305984, wikipedia, wiki, book, books, library,

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