What is the current governmental policy toward misleading advertisements?
The Federal Trade Commission screens all advertising and only permits advertisers to make claims that the FTC has verified.
The Federal Trade Commission regulates advertising and claims, such as ads for high-technology products.
Laissez-faire, or let it be, follows the ideas of economist Adam Smith that the invisible hand of market relations is the most efficient way to manage a national economy.
Consumers have the responsibility to make their own decisions in our laissez-faire economic system, so caveat emptor, or buyer beware.
