Topgonzo, there is no such law in the U.S. Some wacko representative tried in 2009, but it was never passed (don't know if it was even brought to a vote).
I believe this on is squarely on Sprint's shoulders. Sprint's GSIII is the only GSIII that has this "feature" the too.
I too am sick of this, this goes beyond the bloatware type of stuff. The camera is so awesome yet I can't use it to take pictures of my kids at concerts at school because people start giving you dirty looks. Two nights ago a guy actually told me afterwards that I should turn that sound off, I told him to talk to Sprint.