to be exercised over this by lawyers for plaintiff classes, since their legal fees (a not inconsiderable factor in the cost column) would seem to be assured regardless of how little their clients may benefit from the lawsuits. Concededly these are not problems amenable to pat and conclusive solutions. All the more, therefore, is the balanced wisdom of Congress required to avoid delusively simplistic devices. Again, my thanks to you for the opportunity to express the views of the Association of National Advertisers and of myself. Yours respectfully, CONSUMER PROTECTION HEARINGS BEFORE THE CONSUMER SUBCOMMITTEE OF THE COMMITTEE ON COMMERCE NINETY-FIRST CONGRESS SECOND SESSION ON S. 2246 TO AMEND THE FEDERAL TRADE COMMISSION ACT, AS S. 3092 TO AMEND THE FEDERAL TRADE COMMISSION ACT TO S. 3201 TO AMEND THE FEDERAL TRADE COMMISSION ACT TO CONTENTS Opening statement by the chairman__. Text of bills: S. 2246. S. 3092. S. 3201. Agency comments on S. 3092; Department of Commerce. CHRONOLOGICAL LIST OF WITNESSES Page 221 223 225 230 240 241 Lamb, George P., general counsel, Association of Home Appliance Manufacturers 248 Prepared statement-- 259 MARCH 18, 1970 Denenberg, Herbert S., professor, Wharton School of Finance and Commerce, University of Pennsylvania. Handler, Milton, attorney, New York; accompanied by Michael Blechman, Norris, William B., vice president-legal and secretary, Carling Brewing Co., Cleveland, Ohio, Chamber of Commerce Antitrust and Trade Regulation Committee__. 301 Prepared statement.. 307 MARCH 19, 1970 Barger, Richards D., National Association of Insurance Commissioners___ 371 378 McCarthy, John F., Sales & Marketing Executives International, Inc____. Nichol, Thomas, Jr., general counsel, Gas Appliance Manufacturers Association, Inc_--- 385 391 APRIL 9, 1970 Barrett, Richard W., Legal Committee of the Grocery Manufacturers of America; accompanied by George Koch, president, Grocery Manufacturers of America___. |