During the past 15 years, the U.S. Supreme Court has used Central Huds
on Gas v. Public Service Commission (1980) to expand significantly the
power of the government at ail levels to regulate advertising and oth
er promotional activities. As a result, first amendment protection for
commercial speech has steadily diminished. In this article, Supreme C
ourt decisions subsequent to Central Hudson are reviewed to provide an
update of Cohen's (1978) work. In addition, the current standard for
identifying commercial speech is analyzed, and managerial recommendati
ons are made to guide managers who are responsible for making promotio
nal decisions in this increasingly restricted area.