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Q: What is the earliest federal regulation of the pharmaceutical industry?
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Who governs the pharmaceutical industry?

From the Food and Drug Administration (FDA) to the Federal Trade Commission (FTC), pharmaceutical companies and the federal government are linked at all stages, including development, production, and marketing.


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Deregulation is the cutting back of federal regulation of industry and it affected certain industries in the 1980s by increasing the competition and lowered prices for consumers.


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In 1887 Congress passed the Interstate Commerce Act, making the railroads the first industry subject to Federal regulation.


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