The US Supreme Court blocks the FTC from obtaining monetary remedies in most antitrust and consumer protection cases (AMG Capital Management / FTC)

The Supreme Court ruled unanimously in AMG Capital Management v. FTC that Federal Trade Commission Act ("FTCA") Section 13(b) does not authorize the FTC to obtain monetary remedies such as restitution or disgorgement. The Court’s decision is a significant setback for the FTC, particularly in consumer protection matters, where Section 13(b) monetary relief is among the FTC's primary tools. The ruling also affects antitrust enforcement in the pharmaceutical industry,

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Antonio F. Dias, Louis K. Fisher, David M. Morrell, Lin W. Kahn, Michael H. Knight, The US Supreme Court blocks the FTC from obtaining monetary remedies in most antitrust and consumer protection cases (AMG Capital Management / FTC), 22 April 2021, e-Competitions April 2021, Art. N° 100429

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