In a recent column, I wrote about market failure as a consequence of
lack of consumer information potentially leading to a race to the bottom as high quality lawyers and paralegals (the «peaches»!)
Not exact matches
Actual results, including with respect to our targets and prospects, could differ materially due to a number
of factors, including the risk that we may not obtain sufficient orders to achieve our targeted revenues; price competition in key markets; the risk that we or our channel partners are not able to develop and expand customer bases and accurately anticipate demand from end customers, which can result in increased inventory and reduced orders as we experience wide fluctuations in supply and demand; the risk that our commercial Lighting Products results will continue to suffer if new issues arise regarding issues related to product quality for this business; the risk that we may experience production difficulties that preclude us from shipping sufficient quantities to meet customer orders or that result in higher production costs and lower margins; our ability to lower costs; the risk that our results will suffer if we are unable to balance fluctuations in customer demand and capacity, including bringing on additional capacity on a timely basis to meet customer demand; the risk that longer manufacturing lead times may cause customers to fulfill their orders with a competitor's products instead; the risk that the economic and political uncertainty caused by the proposed tariffs by the United States on Chinese goods, and any corresponding Chinese tariffs in response, may negatively impact demand for our products; product mix; risks associated with the ramp - up
of production
of our new products, and our entry into new business channels different from those in which we have historically operated; the risk that customers do not maintain their favorable perception
of our brand and products, resulting in lower demand for our products; the risk that our products fail to perform or fail to meet customer requirements or expectations, resulting in significant additional costs, including costs associated with warranty returns or the potential recall
of our products; ongoing uncertainty in global economic conditions, infrastructure development or customer demand that could negatively affect product demand, collectability
of receivables and other related matters as
consumers and businesses may defer purchases or payments, or default on payments; risks resulting from the concentration
of our business among few customers, including the risk that customers may reduce or cancel orders or fail to honor purchase commitments; the risk that we are not able to enter into acceptable contractual arrangements with the significant customers
of the acquired Infineon RF Power business or otherwise not fully realize anticipated benefits
of the transaction; the risk that retail customers may alter promotional pricing, increase promotion
of a competitor's products over our products or reduce their inventory levels, all
of which could negatively affect product demand; the risk that our investments may experience periods
of significant stock price volatility causing us to recognize fair value losses on our investment; the risk posed by managing an increasingly complex supply chain that has the ability to supply a sufficient quantity
of raw materials, subsystems and finished products with the required specifications and quality; the risk we may be required to record a significant charge to earnings if our goodwill or amortizable assets become impaired; risks relating to confidential
information theft or misuse, including through cyber-attacks or cyber intrusion; our ability to complete development and commercialization
of products under development, such as our pipeline
of Wolfspeed products, improved LED chips, LED components, and LED lighting products risks related to our multi-year warranty periods for LED lighting products; risks associated with acquisitions, divestitures, joint ventures or investments generally; the rapid development
of new technology and competing products that may impair demand or render our products obsolete; the potential
lack of customer acceptance for our products; risks associated with ongoing litigation; and other factors discussed in our filings with the Securities and Exchange Commission (SEC), including our report on Form 10 - K for the fiscal year ended June 25, 2017, and subsequent reports filed with the SEC.
«Despite the size
of the dossier submitted by industry for evaluation, it is unfortunate that the dossier
lacked meaningful
information / data on actual
consumer exposure to D4,» the panel said.
In June, Bedoya and eight other
consumer advocates walked out
of discussions on privacy guidelines led by the National Telecommunications and
Information Administration, part
of the Department
of Commerce, citing
lack of incentive for businesses to give people the right to consent to having their faces recognized.
However, even when the
information is available, it might be hidden or
consumers might not be able to understand or interpret it, which leads to mistakes, disappointment, frustration and ultimately
lack of trust in online shopping.
We are also concerned about the
lack of information available to
consumers to help them make servicer choices.
People are frustrated by the
lack of a workable appeals process over disputed items and the fact that
consumers — not creditors — bear the burden to prove the accuracy
of credit
information.So it's no surprise that a major legislative proposal has surfaced on Capitol Hill that seeks to disrupt much
of the American system
of gathering, reporting and using credit
information, including potentially significant changes in the credit scores that lenders use to evaluate most home mortgage applications.
Lack of recent installment loan
information Proportion
of balances to credit limits on bank / natl rev accts or other rev accts too high Length
of time accounts have been established Too many inquiries last 12 months Too many
consumer finance company accounts
The primary
consumer protection problem areas that have given rise to the States» actions include: (1) unsubstantiated claims
of consumer savings; (2) deceptive representations about the length
of time necessary to complete a debt relief program; (3) misleading or failing to adequately inform
consumers that they will be subject to continued collection efforts, including lawsuits, and that their account balances will increase due to extended nonpayment under the program; (4) deceptive disparagement
of consumer credit counseling; (5) deceptive disparagement
of bankruptcy as an alternative for debtors; (6)
lack of screening and analysis to determine suitability
of debt relief programs for individual debtors; (7) the collection
of substantial up - front fees so the debt relief company gains even if it fails to perform; (8)
lack of transparency and
information for
consumers as to payment
of fees, status
of accounts, and communications with creditors; (9) significant delays in active negotiation or engagement with creditors, coupled with prohibitions on direct
consumer communications with creditors; and (10), in the case
of debt settlement companies, basing savings claims (and settlement fees) not on the original account balance, but on the inflated amount due (including late fees and default rates
of interest) at the time
of settlement.
Due to
lack of information, many
consumers get panicky and turn to bankruptcy in these situations.
The
lack of transparent
information on the quality
of CTPs and test; the confusion and frustration
of consumers and the financial and personal costs to them; is a crisis in the making.
Participating retailers also agree to display ratings education signage, provide training
information for sales associates and resolve
consumer complaints regarding
lack of enforcement
of the RCC Code by store associates.
The Firm has the highest rating
of A + available from the Better Business Bureau based upon the history
of the Firm, the length
of time the Firm has been operating, the type
of industry in which the Firm operates, background
information in the Better Business Bureau's files, licensing and governmental actions related to the Firm, and the
lack of any complaints by
consumers relating to the Firm.
Leicester University's Professor Cosmo Graham, the token academic, considered requirements on fee specification to be heavy handed and suggested that
consumers suffered from «choice overload» more than
lack of information.
However, small to medium - sized businesses and
consumers have been left behind — they
lack the resources, are not aware
of what can be done with DNS, or are concerned about exposing their privacy and confidential
information,» said Philip Reitinger, President and CEO
of the Global Cyber Alliance.
To address the «erroneous
information and unfounded conclusions» contained in the report, Rosen has written an article, «
Consumer Group Report on Inaccurate Criminal Background Check Reports Loses Impact Due to
Lack of Objectivity and Errors,» that is available at http://www.esrcheck.com/articles/NCLC-Report-on-Criminal-Background-Checks-Inaccurate.php.
To address the «erroneous
information and unfounded conclusions» contained in the report, Rosen wrote an article, «
Consumer Group Report on Inaccurate Criminal Background Check Reports Loses Impact Due to
Lack of Objectivity and Errors,» that is available at http://www.esrcheck.com/articles/NCLC-Report-on-Criminal-Background-Checks-Inaccurate.php.
To address the invisibility
of — and the
lack of consumer control over — the collection and use
of consumer information by data brokers, the FTC supports legislation that would provide
consumers with access to
information about them held by data brokers.
To address what he calls «erroneous
information and unfounded conclusions» in the NCLC report, Rosen wrote the article «
Consumer Group Report on Inaccurate Criminal Background Check Reports Loses Impact Due to
Lack of Objectivity and Errors» that is available at: http://www.esrcheck.com/articles/NCLC-Report-on-Criminal-Background-Checks-Inaccurate.php.
Ross you make some very valid points regarding the selling off
of information and you seem to have a good grasp on the web issues taking place, but what you
lack is an understanding
of our
consumer.
They stated that it would not be in the seller's interest for the
consumer's creditor to control all aspects
of the funding, that creditors owe no duty to the seller, and that creditors
lack expertise to complete
information about the seller's transaction.