FTC Commissioner Wright offers proposed policy statement to guide the FTC’s section 5 unfair methods of competition enforcement

Section 5 of the FTC Act [1] gives the Commission authority to challenge “unfair methods of competition” (UMC). In June 2013, Commissioner Joshua Wright of the FTC released a proposed policy statement on the Commission's UMC authority. [2] His statement is intended to create guidance for enforcement within a structured, analytical framework. The Commission issued policy statements on its Section 5 Unfairness and Deception Authorities decades ago. But both were issued under pressure from Congress after the FTC over-extended its authority in a series of rulemakings in the 1970s. UMC is the last major Section 5 power that remains largely undefined. Chairwoman Edith Ramirez has argued that the Commission's settlements in UMC cases provide sufficient guidance to companies regarding the

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Authors

  • International Center for Law & Economics (Portland)
  • International Center for Law & Economics (Portland)

Quotation

Geoffrey Manne, Ben Sperry, FTC Commissioner Wright offers proposed policy statement to guide the FTC’s section 5 unfair methods of competition enforcement, 19 June 2013, e-Competitions Bulletin June 2013, Art. N° 53118

Visites 388

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues