On November 10, 2022, the FTC by a 3-1 party line vote issued a new "Policy Statement Regarding the Scope of Unfair Methods of Competition Under Section 5 of the Federal Trade Commission Act".
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.
On July 9, 2021, just days into her tenure as Federal Trade Commission (FTC or Commission) Chair, Lina Khan led the Commission’s charge to rescind the agency’s 2015 policy statement.
In what might be a further expansion of antitrust enforcement of interlocking directorates, the Federal Trade Commission (FTC) issued a policy statement announcing that it now.