Maureen Ohlhausen Addresses PMA Marketing Law Conference
CHICAGO, Nov. 17, 2012 /PRNewswire/ -- The Promotion Marketing Association's 34 th Annual Marketing Law Conference concluded with a keynote address from FTC Commissioner Maureen Ohlhausen.
The conference, the largest ever, was attended by more than 650 leading attorneys, brand marketers and policymakers, and featured a robust program including more than 100 presentations on topics surrounding the legal intricacies of brand activation across ever-increasing and evolving media platforms.
In her address, Commissioner Ohlhausen stressed the need for industry leaders to work closely with regulators to protect consumers as best practices are continually being created in advance of legislation. She also used her time to talk about the ongoing and evolving role of the Federal Trade Commission.
The commissioner noted the FTC's multiple roles providing consumer protection, enforcement and fair competition among businesses. She identified self regulation as well as certifications and industry standards as important tools for brand marketers. She also reminded industry leaders that the internet provides consumers with ever-increasing access to information about choices in the marketplace which is a vital tool to ensure better public awareness."Fraud prevents honest competition from doing honest business," she said. "Enforcement mechanisms are important because they reward those who meet them. That motivates sellers to continue to do the right thing." Commissioner Ohlhausen told a packed ballroom that advertising sharpens competition and that the FTC 's role is not to impose consumer controls that diminish it. She called the agency an "enforcement backstop" and made it clear that policy and self-regulation should be considered and written with a consumer mindset and not for other lawyers. Her remarks touched on several anecdotal examples of FTC activity from the past year involving false advertising claims. She reviewed the 2012 update of the agency's Green Guides which limit an advertiser's ability to call its product eco-friendly. She also presented several examples of the continued emergence of privacy issues tied to emerging technologies.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV