The Federal Trade Commission has completed its regulatory review of the Recycled Oil Rule (formally, the “Test Procedures and Labeling Standards for Recycled Oil”). The Rule, issued in 1995, allows manufacturers to represent that processed used engine oil is substantially equivalent to new oil as long as they substantiate such claims using American Petroleum Institute […]
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FTC Seeks Public Input in Review of the Recycled Oil Rule
As part of the Federal Trade Commission’s systematic review of all current FTC rules and guides, the FTC is seeking public comment on the costs, benefits, and regulatory and economic impact of its rule specifying Test Procedures and Labeling Standards for Recycled Oil (“Recycled Oil Rule”). The Rule, issued in 1995, allows manufacturers to represent […]