The Federal Trade Commission's Anti-trust Attack on Advertising |
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Authors: | Stanley I. Ornstein |
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Affiliation: | Graduate School of Management University of California, Los Angeles |
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Abstract: | Over the last decade, American public policy has turned increasingly against advertising. The Federal Trade Commission, in several test cases, has set out to show that advertising strengthens and sustains the power of the monopolist. By and large, the attack has failed, and thereby enhanced the contrary view that advertising is a force for competitive efficiency. |
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