Summary of Image
Page One
University of New Mexico professor argues while most political speech has been protected, commercial speech has been subjected to extensive regulation by federal and state governments. The right to free speech has never been absolute.
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Summary of Image
Page Two
Economists recognize acquisition of information about products and services is not costless. To make rational decisions, consumers need information about qualities of different products. Advertising is a crucial means for them to acquire information. Competitors have incentives to point out statements by firms that are false or misleading. Such statements destroy the credibility of firm's further claims.
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Summary of Image
Page Three
Advocates of commercial free speech have become concerned with a number of recent developments. Supreme Court in 1986 held Puerto Rico could impose a limited ban on advertising of casino gambling which was addressed to residents of Puerto Rico.
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Page Four
In 1985, American Medical Assocation's House of Delegates approved a resolution calling for a legislative ban on advertising and promotion of tobacco products. More recently, the New York State Bar Association submitted a resolution to the House of Delagates of the American Bar Association that places ABA on record opposing any form of media advertising of tobacco products.
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Type of Document: Tobacco Institute File Report
Title: Freedom of Speech Should Mean Just That
Date: circa 1985
Site: Tobacco Institute http://www.tobaccoinstitute.com
URL:
http://www.tobaccoinstitute.com/getimg.asp?pgno=0&start=30&bool
=new%20mexico&docid=TIMN0317642/7645