EDITORIAL : INSTITUTIONS ANTITRUST - LIGNES DIRECTRICES - SECTION 5 DE LA FTC

Revisiting antitrust institutions: The case for guidelines to recalibrate the FTC’s section 5 unfair methods of Competition Authority

L’absence de lignes directrices relatives à la Section 5 du Sherman Act a conduit à l’inefficacité de l’action de la Federal Trade Commission en matière de pratiques déloyales. À l’approche de son centième anniversaire, la FTC devrait s’efforcer de poursuivre son objectif de mise en oeuvre d’une politique de concurrence cohérente en poursuivant les comportements anticoncurrentiels sans dissuader les comportements favorisant le bien-être des consommateurs.

As the Federal Trade Commission (FTC) enters its second century, it is an especially appropriate time to reflect upon whether the agency’s various enforcement and policy tools are being put to the best possible use to help the agency fulfill its competition mission. Now is the time to sharpen tools that have long been deployed effectively and to evaluate whether tools that have not proven up to the task should be salvaged or scrapped. One of these tools—the Commission’s Unfair Methods of Competition (UMC) authority under Section 5 of the FTC Act—is a particularly suitable candidate for evaluation. I have made no secret of the fact that I think the Commission’s record with respect to Section 5 is bleak. The historical record reveals a remarkable and unfortunate gap between the theoretical

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  • George Mason University

Quotation

Joshua D. Wright, Revisiting antitrust institutions: The case for guidelines to recalibrate the FTC’s section 5 unfair methods of Competition Authority, December 2013, Concurrences Review N° 4-2013, Art. N° 58727, www.concurrences.com

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