More Perspective on the FTC's Recently Updated Endorsement and Testimonials Guides
On Tuesday, Dec. 1, 2009, the revised "Guides Concerning the Use of Endorsements and Testimonials in Advertising" released by the Federal Trade Commission came into effect. John P. Feldman, an authority in these types of advertising regulations and compliance, put together some thoughts concerning the implications of these Guides upon coming into effect, continuing his thoughtful and practical analysis. John's analysis asks and answers the following questions about these Guides:
- What does this mean for advertisers?
- What is the most dramatic shift in enforcement policy?
- What will this mean for advertisers that use celebrity endorsers?
- How much control should sponsoring advertisers exercise over endorsers in new media channels?
- What impact will the FTC's new approach to clinical trials have on the OTC, cosmetic, and pharmaceutical industry?
- Is there a role for self-regulation and what do you make of the proposed "best practices" recently announced by the Word of Mouth Marketing Association (WOMMA)?
John's analysis can be downloaded here.
