The US Supreme Court rules that the FTC is unauthorized to seek monetary damages in antitrust cases (AMG Capital Management)

The Federal Trade Commission and its Ability to Seek Restitution or Disgorgement Remedies* The US Supreme Court in AMG Capital Management, LLC v. Federal Trade Commission ends, at least for now, the FTC’s habit of seeking monetary damages in court as part of requests for equitable relief. The decision wasn’t controversial at the Supreme Court, as it was unanimous, with former Harvard Law antitrust and administrative law guru Justice Stephen Breyer writing the opinion. But this decision stings the FTC because it shuts down their decades-long practice and does so by simply parsing the wording of the relevant statutes. Why did it take so long to understand what the statutes said? Background about FTC Enforcement TheFederal Trade

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  • Bona Law (San Diego)

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Jarod Bona, The US Supreme Court rules that the FTC is unauthorized to seek monetary damages in antitrust cases (AMG Capital Management), 22 April 2021, e-Competitions April 2021, Art. N° 103294

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