Pfizerhas won U.S. antitrust approval to buy Wyethafter agreeing to sell some assets to prevent it from acquiring a monopoly in the market for some animal vaccines and pharmaceuticals, the Federal Trade Commission said on Wednesday.
For nearly three decades, the Federal Trade Commission’s rules regarding the relationships between advertisers and product reviewers and endorsers were deemed adequate. Then came the age of blogging and social media.
The Obama administration has proposed a Consumer Financial Protection Agency (CFPA) that would regulate the fees, penalties, and interest rates for consumer products such as credit cards and mortgages. The administration believes this new agency could enforce disclosure, but do American consumers really need a new layer of regulation?