In Defense Of MLM: More Politics And Less ‘Real’ Business


In Defense Of MLM: More Politics And Less ‘Real’ Business

About two weeks ago I noted here how a marketing professor at a well-known business school published unsupported nonsense in defense of HR 3409, the bill introduced by Congresswoman Blackburn to hamstring the Federal Trade Commission (NASDAQ:FTC) in its efforts to protect consumers against multilevel marketing (NYSE:MLM) style pyramid schemes. Now we get similar nonsense from the political arena in a letter from Congressman Huizenga and Congresswoman Eddie Bernice Johnson supporting the Moolenaar Amendment (similar to HR 3409 but faster-acting).
How does the Moolenaar amendment and HR 3409 tie the hands of the FTC? Both are designed to specifically carve out …

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