Section 5 Cases Offer Best Guidance, FTC Chief Says
Law360, New York (April 12, 2013, 10:14 PM EDT) -- New Federal Trade Commission Chairman Edith Ramirez said Friday that companies should have guidance about the way the antitrust watchdog uses its authority to target unfair methods of competition but cautioned that the best way to offer that advice may be through case developments.
Several Republican FTC commissioners have expressed concern that the agency has not offered a formal policy to explain just how far it believes its authority under Section 5 of the FTC Act reaches. Recently confirmed Commissioner Joshua Wright even said at the ABA Section of Antitrust spring meeting that he intends to issue his own proposed policy...
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