Blogola: The FTC Takes On Paid Posts - BusinessWeek
Not a bad read, also talks about how it won't do jack, and how G has more influence on this by doing things like downgrading paid posts in search results.
This summer, the government agency is expected to issue new advertising guidelines that will require bloggers to disclose when they're writing about a sponsor's product and voicing opinions that aren't their own. The new FTC guidelines say that blog authors should disclose when they're being compensated by an advertiser to discuss a product.
Not a bad read, also talks about how it won't do jack, and how G has more influence on this by doing things like downgrading paid posts in search results.