So you mean getting corporation to admit when they are being less than honest doesn’t require the federal government. Other private companies can put pressure on these companies to come clear? Well you don’t say.

A group called Corporate Accountability International has been pressuring bottled water sellers to curb what it calls misleading marketing practices.

Aquafina is the single biggest bottled water brand, and its bottles are now labeled “P.W.S.” The new labels will spell out “public water source.”

“If this helps clarify the fact that the water originates from public sources, then it’s a reasonable thing to do,” PepsiCo (nyse: PEP - news - people ) spokeswoman Michelle Naughton said Friday.

But I was told that only way to protect against mean evil corporations hell bent on profits was to constantly increase the size and power of the federal government. Could that so called wisdom be wrong?

This entry was posted on Saturday, July 28th, 2007 at 1:18 pm and is filed under Regulation. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.