FTC Chair Khan on the Enforcement Policy Regarding Unfair Methods of Competition
Reynolds Holding
NOVEMBER 16, 2022
When Congress passed the FTC Act in 1914, it didn’t just create a new agency. It created new law for that agency to enforce. Section 5 of the Act provides that “unfair methods of competition in or affecting commerce” are “hereby declared unlawful.”1 A large body of judicial precedent affirms this view.
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