Antitrust Law Daily Wrap Up, ADVERTISING NEWS: FTC posts agenda for homeopathic product workshop, (Sep 11, 2015)
The FTC today posted the agenda for its upcoming workshop to examine advertising for over-the-counter (OTC) homeopathic products. The event is scheduled for Monday, September 21, 2015 in Washington, DC, and is free and open to the public. It will be held at the FTC’s Constitution Center building, 400 7th St., SW, Washington, DC 20024.
As the FTC noted when it first announced the workshop, during the last few decades, the U.S homeopathic drug market has grown considerably from a multimillion-dollar to a multibillion-dollar market. During that time, the homeopathic drug market has shifted from one based primarily on formulations prescribed for individual users to mass-market formulations widely advertised and sold nationwide in major retail stores.
Because of rapid growth in the marketing and consumer use of homeopathic products, the FTC is hosting the workshop to examine issues surrounding advertising for these products.
The event will be webcast. On the day of the event, the webcast link will appear at the top of the workshop home page, which also has a link to the agenda.
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