Slaughter Objects to US Chamber on FTC Act S. 13(b)
U.S. Chamber of Commerce’s proposals for FTC Act Section 13(b) would let violators keep ill-gotten gains, “hurt honest competitors” and leave consumers without recourse, acting FTC Chairwoman Rebecca Kelly Slaughter wrote in a letter to the Senate Commerce Committee (see…
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2104270086) released Wednesday. She disagreed with the assertion that legislation (see 2104260065) would “dramatically extend FTC authority in unbounded ways” or lack “safeguards.” She encouraged Congress to act quickly and restore agency authority with an additional 10-year statute of limitation on the FTC’s ability to seek monetary relief. She disagreed with a proposal to limit the authority to ongoing or imminent conduct. The chamber didn’t comment.