The Federal Trade Commission has recently gone after a wide array of companies under its authority to police "unfair or deceptive" trade practices. Not everyone is happy with the agency's strategy. The top Republican on the Senate's antitrust subcommittee, Sen. Orrin Hatch, said Wednesday he is concerned that the "unfair or deceptive" standard is too vague. At a congressional hearing on antitrust enforcement, Hatch put the question to FTC Chairman Jon Leibowitz: Who decides what the standard is?
June 10, 2010 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
The Federal Trade Commission has recently gone after a wide array of companies under its authority to police “unfair or deceptive” trade practices. The list includes Intel Inc., Voice Touch Inc., and Ticketmaster Entertainment Inc. Just Wednesday, the FTC invoked that authority in approving a settlement with U-Haul International Inc. over allegations of attempted price-fixing.
Not everyone is happy with the agency’s strategy.
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