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The FTC Act does not give consumers the right to sue for violations of the act, but consumers may complain to the Commission about acts or practices they believe to be unfair or deceptive. [14] Consumers may, however, be authorized to sue under a state "UDAP" (unfair, deceptive and abusive practices) statute, sometimes called a "Little FTC Act."
The Federal Trade Commission (FTC) is an independent agency of the United States government whose principal mission is the enforcement of civil (non-criminal) antitrust law and the promotion of consumer protection. The FTC shares jurisdiction over federal civil antitrust law enforcement with the Department of Justice Antitrust Division.
Law professor, The George Washington University Law School [42] J. Thomas Rosch: Republican January 5, 2006 - Sept 2012 Director, FTC Bureau of Competition [43] Jon Leibowitz: Democratic March 2, 2009 – March 7, 2013 Lobbyist, Motion Picture Association of America (MPAA) [44] Joshua D. Wright: Republican January 11, 2013 – August 24, 2015
The FTC (and DOJ) should return to the consumer welfare standard instead of persisting in the economic illiteracy and noncomprehensive jurisprudence promulgated by the 2023 guidelines.
A divided Federal Trade Commission adopted a powerful rule Thursday that requires companies to make it just as easy to cancel a subscription as it is to sign up for one.
In the United States, antitrust law is a collection of mostly federal laws that govern the conduct and organization of businesses in order to promote economic competition and prevent unjustified monopolies. The three main U.S. antitrust statutes are the Sherman Act of 1890, the Clayton Act of 1914, and the Federal Trade Commission Act of 1914 ...
Since Trump took office, the FTC under Ferguson has moved to block Tempur Sealy's proposed $4 billion acquisition of Mattress Firm, proposed a $4.9 million fine against a payment processing ...
The McCarran–Ferguson Act, 15 U.S.C. §§ 1011-1015, is a United States federal law that exempts the business of insurance from most federal regulation, including federal antitrust laws to a limited extent. The 79th Congress passed the McCarran–Ferguson Act in 1945 after the Supreme Court ruled in United States v.