The electronic age arrived before new laws

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The electronic age arrived before new laws were written that were unique and specific for this environment. Courts have applied existing laws to the new digital environment by requiring interpretations and applications. In addition, new laws have been written that apply specifically to this new environment. The U.S. Congress has led the way, enacting many new federal statutes to regulate the digital environment. Ethics - Apple agrees to pay $500 million to settle consumer fraud lawsuit. Many decisions made in business have an ethical component. This is a good opportunity to discuss the duty to act legally and ethically. In 2020, Apple agreed to pay at minimum $325 million and at maximum $500 million to users of iPhones who had their phones secretly slowed down.

Reference no: EM133653732

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