Word: ftc
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Dates: during 1930-1939
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...Cracked down on a Chicago drug chain's advertising. In the first such action since the Wheeler-Lea Act amended the Federal Trade Commission Act last June, FTC announced that upon its recommendation a U. S. District Court had enjoined Hartman stores from advertising a weight-reducing remedy named 281 because in doing so the chain had failed to reveal that use of the preparation "may be injurious to the health...
...five years since Franklin Roosevelt began his vigil over business morals, FTC has disposed of twice as many com plaints as in the previous five years-and the commission has been rewarded for its vigilance: 1) the 1936 Robinson-Patman Act extended its jurisdiction over price discrimination; 2) the 1938 Wheeler-Lea amendment to the original Federal Trade Commission Act relieved it of the necessity of proving that unfair trade practices injured competitors and allowed the commission to go to court to obtain remedies; 3) this year the Government provided the commission with a new home...
...Began an investigation of monopolistic practices in the automobile industry. Though Congress failed to appropriate the $50,000 this will cost (TIME, May 9), FTC sent its snoopers into the field last week to ruffle the ledgers of Chrysler, Ford and General Motors...
...Proposed fair trade practice rules for the silk industry. As it has already done with the rayon industry, FTC at the request of certain members of the silk business drew up a proposed set of rules which will not go into effect until after a public hearing August 2. Points which upset the industry last week were that the label on silk state the exact proportion of metallic weighting and finishing materials in the goods, if any, and that the word "silk" may not be used in a firm's name unless a "substantial part" of its business...
...Jumped on the Elite Social Correspondence Register of Los Angeles. FTC announced that Elite's proprietors had agreed to stop saying that they are the largest advertisers in the social club world and that they have available for introduction to their members of both sexes persons who are "worth while," "cultured" and "wealthy." Said FTC: "They admit in their stipulation that they cannot always establish for their clients contacts which will lead to happiness and lasting contentment...