Council Presents Views on FTC-FDA Proposals to Regulate Advertising and Labeling of Over-the-Counter Drugs

by Council on Wage and Price Stability on January 7, 1977
by Council on Wage and Price Stability

 

In related filings with the Federal Trade Commission (FTC) and the Food and Drug Administration (FDA) corcerning the agencies’ proposed regulation of over-the-counter (OTC) drug advertising and labeling, the Council on Wage and Price Stability today called attention to the diversity of the American consumer market and urged the two agencies to assess carefully the information needs of all consumers before defining a strict choice of words for use in advertising and labeling non-prescription drugs.

The filings also expressed concern for the rising cost of health care, a matter currently under study by the Council, and pointed to possible inflationary pressures from the proposed regulations.

 

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