Page 6 - Prepared Statement News Today

Federal Trade Commission Chairwoman Lina Kahn gave statement before Senate Judiciary Committee’s Subcommittee on Antitrust, Competition Policy and Consumer Rights, emphasizing FTC’s continued work combatting repair restrictions that allegedly harm consumers.

To embed, copy and paste the code into your website or blog: In recent years, the Federal Trade Commission (FTC) has with increasing frequency sued in federal court under the purported authority of Section 13(b) of the Federal Trade Commission Act 1 (FTC Act) to obtain restitution of losses or disgorgement of profits resulting from “unfair methods of competition” or “unfair or deceptive acts or practices.” In doing so, the FTC has circumvented often time-consuming FTC administrative hea...

Tuesday, May 11, 2021 In recent years, the Federal Trade Commission (FTC) has with increasing frequency sued in federal court under the purported authority of Section 13(b) of the Federal Trade Commission Act 1 (FTC Act) to obtain restitution of losses or disgorgement of profits resulting from “unfair methods of competition” or “unfair or deceptive acts or practices.” In doing so, the FTC has circumvented often time-consuming FTC administrative hearings that can produce nothi...

Demand for electricity has outpaced the supply.