Briefing
policy

Divided FTC Rescinds 2015 Enforcement Guidance Promoting Consumer Welfare

By
Josh Sisco
· · Source: The Information

The Federal Trade Commission voted Thursday day along party lines to rescind a 2015 policy statement that should be guided by the “promotion of consumer welfare” in its antitrust investigations. The move allows for broader enforcement authority over Facebook, Apple, Google and Amazon and other large companies. The agency has the ability to investigate potentially anticompetitive conduct that...

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