May 04, 2013
by Wall St. Cheat Sheet

Are Apple (NASDAQ:AAPL) and other tech companies pushing for legislation that would make it easier to send more e-waste to developing countries? A major tech industry trade association is seeking to alter the rules of an international convention that oversees the movement of hazardous waste between countries.

Known as the Basel Convention, this international treaty helps protect developing countries from being unfairly deluged with hazardous electronic detritus from developed countries. The Basil Action Network, or BAN, is a non-governmental watchdog group that seeks to promote the Basil Convention. BAN is accusing the Information Technology Industry Council of attempting to weaken these protective laws at the next meeting of the Basil Convention.

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