In response to the Federal Trade Commission’s (FTC) recently published guidelines, “Guides Concerning the Use of Endorsements and Testimonials in Advertising”, the Internet Advertising Bureau (IAB) has released an open letter detailing its concern. The President and the CEO of IAB (Randal Rothenberg) cites that the new guidelines which require, inter alia, that bloggers disclose their affiliations with sponsors, marketers, and free giveaways are “punitive to the online world”. He continued by stating that the new guidelines are biased and offline media is not facing such rigorous scrutiny, stating that “clamping down on one medium but not another constitutes a First Amendment violation”.
For additional information, visit:
http://www.iab.net/insights_research/public_policy/openletter-ftc
http://news.cnet.com/8301-1023_3-10376177-93.html
http://news.cnet.com/8301-1023_3-10367464-93.html?tag=mncol;txt