Word: ftc
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Dates: during 1960-1969
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...issued a report (now in hardcover) that scaldingly criticized the FTC and called for its reorganization; recently several FTC officials have agreed with him. He is examining laxity within agencies as diverse as the National Air Pollution Control Administration and the Federal Railroad Administration, which he says shares the blame for the fact that U.S. railways have 100 accidents a day, accounting for 2,400 deaths a year. "Regulatory agencies have failed by the most modest of standards...
...persuade Congress to provide only token funds to administer new laws. Enforcement of the 1966 Fair Packaging and Labeling Act, adopted over vigorous objections from the food industry, has been all but abandoned by the FDA: it has funds to pay only two employees to do the job. The FTC initially received enough money to inform retailers of the new truth-in-lend-ing law, effective last July 1, but not enough to enforce...
...Congress to enact a "buyers' bill of rights." The President declared: "Consumerism is a healthy development that is here to stay." Among other things, he proposed the establishment of a new consumer division in the Justice Department and expanded powers that would enable the FTC to seek injunctions against unfair business practices. As Nader and other consumer activists have long been demanding, the President also asked Congress to allow consumers to join together in "class action" damage suits in federal courts against errant manufacturers or merchants. If found guilty of deceptive trade practices, manufacturers would have to bear all legal...
...company's public-information director, asked if the unnamed changes had nullified the FTC objections, replied, "Have you stopped beating your wife...
...sales presentation, in our mind, is an ethical one," she said, but added that "it would not be appropriate" for her to comment on specifics. "To my knowledge we are not using that method [the one criticized by the FTC...