Word: ftc
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...more closely the claims they make for products or else face speedier federal intervention. He pointed to a number of bills in the House and Senate, all supported by the Administration, that would give the Federal Trade Commission immediate power to seek preliminary injunctions against deceptive ads. Now the FTC often must wage lengthy court battles in order to make a company delete misleading claims. But if it were armed with a preliminary injunction, the commission could act before, instead of after a court decision. Said Harlow: "The existence of this power in the FTC does create the possibility...
...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...
...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...