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Alright, good afternoon, everyone, welcome to our budget and finance subcommittee meeting. I am katy tang and i will be chairing this meeting instead of supervisor farrell, it is march 23, 2016. To my left, im joined by supervisor yee and to my right, we have scott wiener, filling in, our clerk is linda wong. And wed like to thank sf gov tv, if we can get a motion to excuse supervisor farrell from our meeting from today. Moved by supervisor yee, seconded by supervisor wiener, yes, without objection, hes excused, madam clerk . Please silence all cell phone and is electronic devices, cop pis of ...

Alright, good afternoon, everyone, welcome to our budget and finance subcommittee meeting. I am katy tang and i will be chairing this meeting instead of supervisor farrell, it is march 23, 2016. To my left, im joined by supervisor yee and to my right, we have scott wiener, filling in, our clerk is linda wong. And wed like to thank sf gov tv, if we can get a motion to excuse supervisor farrell from our meeting from today. Moved by supervisor yee, seconded by supervisor wiener, yes, without objection, hes excused, madam clerk . Please silence all cell phone and is electronic devices, cop pis of ...

In this particular area you are addressing with the act is a critical one, if that is good to be our goal. It raises three issues today. The first one is economic theory. And the economics behind us, there has long been of human economics that functioning effective functioning of markets depend on information. Received theomists nobel prize in 2001 for their Research Related to what they called asymmetric information. This is exactly what is going on here. When you go to a hotel, you do not know anything about what you see. The hotel knows everything. This is a market with asymmetric informati...

Fundamental right. Consumers today are typically required to waive all sorts of rights, including the right to seek our Justice System, and the right to even speak. What is happening is obvious. Through the use of indecipherable language and nonnegotiable contracts, corporations have successfully strip consumers of the seventh amendment right. Why should we be surprised when corporations what to do the same to consumers First Amendment right . Deemed would have been unconscionable and unenforceable. Surely, there is no consent by the consumer. Surely it was on constable it was [indiscernible] ...

Post a false negative complaint. Mr. Medros there are certainly some instances where consumers threaten a business with a negative review, threatened to share their experience online. And that business, rightfully so, has concerns that that is going to impede their future Marketing Efforts and impede their business. Reality is, first of all, we encourage businesses to proactively communicate those threats to us and we monitor for thoseerties negative reviews. In the vast majority come the vast majority, they never appear. We asked the businesses to respond to any Consumer Review. We believe tr...