This would require companies to tell customers within 30 days of discovering that their information has been hacked into.At the moment, Mr Obama noted, there is a patchwork of state-level laws that offer consumers scant protection.
And food producers have complained that a patchwork of state and local labeling requirements could confuse consumers and raise food prices.
"Without such preemption," said Yingling, "we will have a patchwork of state, and even local, laws that will confuse consumers, greatly increase the cost of financial services, and serve as a strong disincentive to create new products of value to consumers".
Federal laws have been criticized by state regulators and consumer groups for not adequately protecting consumers; however, the alternative, state regulations, presents a complex patchwork of 50 different state laws a regulatory nightmare for national banks.
You suggest that a patchwork of state laws, not uniform national standards, would better serve consumers.
According to a statement released by the group: "It sets the nation on a costly and misguided path toward a 50-state patchwork of GMO labeling policies that will do nothing to advance the safety of consumers".
"Rather than collaborating to reduce food-borne pathogens" as is regularly done abroad, she reports, the patchwork of United States government agencies and the food companies themselves "shift attention to consumer education as the best way to ensure safe food".
The association, which brought the case, said in a statement that the court decision vindicated the airlines, noting that "a patchwork of laws by states and localities would be impractical and harmful to consumer interests".
When it comes to what is called contract law in the European Union, the single market is actually a patchwork of 27 national legal codes offering varying degrees of protection to consumers and merchants.
