FTC Heads Look For Harm Trigger In LabMD Data Security Row
By Allison Grande (March 8, 2016, 11:57 PM EST) -- The heads of the Federal Trade Commission on Tuesday badgered attorneys from the commission and LabMD over whether the lab's allegedly lax data security practices harmed consumers in any way, as the regulators attempted to figure out the proper legal trigger for their data security authority.
During an oral argument session that spanned just over an hour and a half, FTC Chairwoman Edith Ramirez along with Commissioners Maureen Ohlhausen and Terrell McSweeny honed in on the reach of Section 5(n) of the FTC Act, which stipulates that the commission cannot deem an act or practice unfair unless the conduct "causes or is likely...
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