Analysis of the transaction costs and administration benefits associated with Behind The Label

Compliance with government regulations represents a cost to business operations. Of all compliance activities, compliance with taxation regulations and legislation constitutes a significant proportion of business expense. Estimates obtained in this study by Phillip O\u27Neill and Grahame O\u27Leary suggest that compliance with licensing and other arrangements of the proposed Ethical Clothing Trades Act account for less than five per cent of total compliance costs