On November 10, 2022, the Federal Trade Commission (FTC) issued a policy statement (the “Policy Statement”) radically expanding the FTC’s interpretation of prohibited “unfair methods of.
Federal Trade Commission release policy statement on authority to police unfair methods of competition. This authority derived from Section 5 of the FTC Act is often referred to as standalone authority.
The Federal Trade Commission (FTC) issued long-awaited guidance regarding its interpretation of the scope of Section 5 of the FTC Act on November 10, 2022. The updated guidance expands.
Democrats on the Federal Trade Commission on Thursday laid out a new definition of “unfair methods of competition” that are banned by the FTC Act, instituting a new policy that will promote more aggressive enforcement and few built-in limitations.