The Subcommittee on Consumer Protection and Commerce of the Committee on Energy and Commerce will hold a hybrid legislative hearing that includes both in-person and remote attendance on Wednesday, July 28, 2021, at 10:30 a.m. This hearing will take place in the John D. Dingell Room, 2123 of the Rayburn House Office Building, as well as remotely using Cisco Webex online video conferencing. The hearing is entitled, Transforming the FTC: Legislation to Modernize Consumer Protection.
global production loss of 3.8 million units in 2021 due to the semiconductor shortage, senate Democrats proposal to allocate $52 billion toward domestic research and manufacturing of semiconductors, California Air Resources Board unanimously approved the Clean Miles Standard
The Subcommittee on Consumer Protection and Commerce of the Committee on Energy and Commerce will hold a hearing on Tuesday May 18, 2021, at 10:30 a.m. via Cisco Webex. The hearing is entitled, Promises and Perils: The Potential of Automobile Technologies.
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On 22 April, the Supreme Court dealt a striking blow to the Federal Trade Commission’s (FTC) longstanding reliance on Section 13(b) of the Federal Trade Commission Act (FTC Act) as a basis for obtaining monetary relief for consumers. In a unanimous ruling in AMG Capital Management, LLC v. Federal Trade Commission, the Court held that Section 13(b) does not authorize the FTC to recover monetary remedies such as restitution and disgorgement of profits. Acting FTC Chairwoman Rebecca Kelly Slaughter criticized the decision, noting that Section 13(b) cases have resulted in “$11.2 billion in refunds to consumers during just the past five years.” The FTC has asked Congress to amend Section 13(b) authority in light of the Court’s opinion. In the absence of Congressional intervention, the FTC is likely to increase reliance on a little-used and more burdensome mechanism under Section 19 of the FTC Act to obtain monetary reli