Chamber Rips FTC For Yanking Antitrust Penalty Policy

Law360, New York (August 23, 2012, 6:30 PM EDT) -- The U.S. Chamber of Commerce on Thursday criticized the Federal Trade Commission's decision to revoke guidance that had limited its use of monetary penalties to "exceptional" antitrust cases, warning that the move created undue uncertainty for businesses.

The decision to replace a 2003 policy statement with the promise that the agency would use its prosecutorial discretion and rely on existing case law to decide when to seek monetary remedies leaves companies unsure of when they might face claims for disgorgement, the chamber said in a letter...
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