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http://www.gao.gov/new.items/d07825.pdf

More info here. TL;DR: Gov't still trying to figure it out.

GAO was asked to review the approaches used under TSCA and REACH for (1) requiring chemical companies to develop information on chemicals’ effects, (2) controlling risks from chemicals, and (3) making information on chemicals available to the public. To review these issues, GAO analyzed applicable U.S. and EU laws and regulations and interviewed U.S. and EU officials, industry representatives, and environmental advocacy organizations. GAO is making no recommendations.



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