10 Things the Beauty Industry Won't Say

1. "Regulated? Only lightly."Americans spent a whopping $33.3 billion on cosmetics and other beauty products in 2010, up 6% from 2009, according to the Commerce Department. That's more than consumers shelled out to buy new foreign cars ($27 billion) or TVs ($25 billion). Yet for all that cash spent on creams and lotions, there's surprisingly little oversight of these products before they reach shelves. An independent panel of experts, including dermatologists, chemists and pharmacologists,

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