Another kind of giving market:
U.S. Federal Trade Commission (FTC) chair Deborah Platt Majoras will leave her government post to work for Procter & Gamble (P&G), the largest U.S. consumer products company. Even though Majoras has excused herself from FTC matters that may impact P&G and will need to follow a year-long "cooling off" period, Multinational Monitor's Robert Weissman is concerned. "P&G is the leading company involved in 'buzz marketing,'" he writes. When Commercial Alert petitioned the FTC to investigate buzz marketing as "fundamentally fraudulent and misleading," the watchdog group cited P&G's teen buzz marketing division, "Tremor." Majoras's FTC agreed that the "assumed independence" of a buzz marketer might mislead consumers, but decided against further investigation or action. "The P&G case -- involving a quarter of a million teens who are not instructed to disclose their relationship with the company -- apparently was not noteworthy enough," Weissman concludes. An FTC ethics staffer said of Majoras's new job, "It is how things work. The nature of the business is the revolving door.
If we were doing a double bottom line analsysis of P&G would we include capturing the FTC Chair as a plus or a minus? Or does it net out to a wash? (Plus on the profit line, negative on the social good line?) Who is doing these calcs? Jed Emerson? I mean, who keeps score for us?
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