The FDA estimated the cost to industry of updating the labels at about $2 billion and the benefit to consumers at between $20 billion to $30 billion.
• By Lisa Baertlein (Reuters)
The FDA estimated the cost to industry of updating the labels at about $2 billion and the benefit to consumers at between $20 billion to $30 billion.
Most food manufacturers will be required to use the new label by July 2018
Agency says it plans to extend compliance date for big companies to 2020 and smaller companies to 2021
The Food Date Labeling Act would establish standard rules for the dates on food labels
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