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Major Retailers Accused of Selling Fraudulent Herbal Supplements
MikeChino writes: The New York State Attorney General's Office is demanding that GNC, Walmart, Walgreens, and Target remove store brand herbal supplements from their shelves after the pills were found to be packed with a strange array of fraudulent—and in some cases hazardous—ingredients. Popular supplements such as ginseng, valerian root, and St. John's wort sold under store brand names at the four major retailers were found to contain powdered rice, asparagus, and even houseplants, while being completely void of any of the ingredients on the label.
But of course it's perfectly ok to sell fraudule...err, homeopathic "remedies" which do not and cannot work any different than a placebo.
This is what an unregulated market looks like. Human nature, no matter how well intended 99.99999% of the participants may be, one bad apple will put greed over doing whats right. And then, in order to compete, the rest have to start following suit.
supplement company: check out our new herbal animal vegetable raw vegan youth potion penis elixer and life enhancer with guanaramalama and bilinko for supported function of your satrogenum B9
AG: this is nothing but brake dust, old chinese newspaper shreds, and windshield glass
supplement company: well its been on the market for 2 years and is completely safe.
AG: yeah but it doesnt do what it says and contains things it doesnt list. pull it.
supplement company: sure thing buddy! let me just step over this large mountain of cash I earned and ill get right to it. sure am sorry about the mixup.
Stores: oh we sure are super sorry too, turns out we got distracted by counting all this money.
Supplement company: who wants to sell this new supplement! its got enhanced vigorators and revitalomic green tea tomato lyzopramic dyloricackles to enhance your penis life
Stores: who are we do deny the customer!
AG: THIS IS JUST SHREDDED PHONEBOOKS AND CAFFEINE
supplement company: it iiiiiis? oh my worrrrd it happened again! goodness gracious.
Good people go to bed earlier.
Over-regulation is bad. Selling a bottle that is 100% not what it says on the label, is a reasonable expectation. Call it what you want - false advertising, fraud, etc. It's clearly something that shouldn't be permitted. I don't think you'd get much argument from either side of the isle.
1) It is a regulated market
2) They violated the truth in advertising laws
3) The company is now open to untold lawsuits because some of the contents were harmful.
4) Fraudulent activity is not indicative of an unregulated or free market. Just as theft, breaking and entering, and mugging people are not business plans.
5) One bad apple does not ruin the batch. Simple proof, I have seen three people I went to High School with arrested on COP's. That does not make everyone in our class criminals!
6) Your low opinion of Human Nature does not appear correct. In test after test people in general are honest.
Well, if you're allergic to "Useless Compound Y"...
Doesn't matter. If it says "parsley", which does nothing, then the rule is it's supposed to be parsley and nothing but parsley.
"people in general are honest" .. I think those tests probably did not include lawyers, advertisers, salesmen, corporate CEOs, etc.