wordpress blog stats
Connect with us

Hi, what are you looking for?

FTC approves resolutions that allow it to expedite investigations in key antitrust areas

While the changes were approved to streamline investigations, some believed that it could also reduce the agency’s oversight.

The US Federal Trade Commission (FTC) on September 15 approved a series of resolutions that will "enable the agency staff to efficiently and expeditiously investigate conduct in core FTC priority areas over the next ten years," a statement issued by the Commission said. "Companies engaging in conduct implicated by these resolutions should be forewarned: the FTC looks forward to aggressively using these resolutions and will not hesitate to take action against illegal conduct to the fullest extent possible under the law," said Holly Vedova, Acting Director of the Bureau of Competition. How do these resolutions help streamline investigations? The eight new compulsory process resolutions passed by the FTC allow its staff to use compulsory process and issue civil investigative demands and subpoenas when carrying out investigations. Compulsory process refers to the issuance of demands for documents and testimony, through the use of civil investigative demands and subpoenas. The FTC Act authorizes the Commission to use compulsory process in its investigations. Compulsory process requires the recipient to produce information, and these orders are enforceable by courts. — FTC statement Previously, the Commission was only authorised to issue a subpoena or make a demand for information after it was signed by a Commissioner acting pursuant to a Commission resolution. Do these resolutions reduce Commission oversight? Three of the five FTC Commissioners (Chair Lina Khan and Commissioners Rohit Chopra and Rebecca Kelly Slaughter) voted to approve the resolutions, while two of them, Commissioners Noah Joshua Phillips and Christine S. Wilson dissented saying that the resolutions removes the…

Please subscribe/login to read the full story.
Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

Is it safe to consider all "publicly available data" as public?

News

PhonePe launched an e-commerce buyer app for ONDC called Pincode. We, however, believe that it should also launch a seller app.

News

Amazon announced that it will integrate its logistics network and SmartCommerce services with the Open Network for Digital Commerce (ONDC).

News

India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?

News

After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ