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Instructions and Help about Federal trade commission

All right everyone I think we're gonna get started it's exciting to see a nice full room here today thank you all for coming this is a pivotal time for the Federal Trade Commission as the hundred and four year old agency faces many questions about the role it should play in the digital age and so we appreciate everyone taking the time to discuss what's happened at the at the FTC's recently convened hearings and how the agency can best protect consumers from technological harms moving forward I'm Sarah Morris director of open Internet policy for new America's open technology institute New America is a nonpartisan think tank and civic enterprise dedicated to the renewal of American politics prosperity and purpose in the digital age our experts work on a wide range of issues from national security to work family balance and of course technology and telecom policy the the open Technology Institute works at the intersection of technology and policy to ensure that every community has equitable access to digital technology and its benefits we promote universal access to communications technologies that are both open and secure using a multidisciplinary approach that brings together advocates researchers organizers and innovators last month the FTC began a series of hearings to explore whether competition and consumer protection laws are keeping up with the 21st century the hearings are an exciting opportunity for the agency to reflect on its role in protecting consumers in light of the numerous issues by tech companies and failing to adequately protect consumers data breaches are now a recurring headline and there is increasing concern over the ability of tech platforms to give preferential treatment to their own projects products and services in response the FTC is just one of the many voices asking what can be done here at the open Technology Institute we are also asking this question and have welcomed the chance to submit our own thoughts and in comments to the FTC as part of its hearing process our comments touch on only a few of the topics covered in the hearings thus far they cover broadband competition and policy data Portability and interoperability online the importance of intellectual property in encouraging competition and the ways in which the digital standard can aid FTC enforcement efforts indeed the FTC hearings are a noteworthy demonstration of the agency's commitment to accountability and transparency and we have fought the agency for soliciting public input on these pressing topic pressing topics and for providing a forum for thoughtful discussion on whether the FTC is up to the task of tackling these issues we're gathered here to build on these discussions to date there have been four hearings each tackling a different area of consumer protection and competition law over the course of a few days and there are more to come including one on vertical mergers and the consumer welfare standard this Thursday we have an all-star panel of speakers who bring a range.

FAQ

Will I get a check from the FTC?
The FTC never requires you to pay upfront fees or asks you for sensitive information, like your Social Security number or bank account information. If someone claims to be from the FTC and asks for money, it's a scam.
What did the Federal Trade Commission Act do?
The basic statute enforced by the FTC, Section 5(a) of the FTC Act, empowers the agency to investigate and prevent unfair methods of competition, and unfair or deceptive acts or practices affecting commerce. This creates the Agency's two primary missions. protecting competition and protecting consumers.
What is the Federal Trade Commision?
About the FTC The FTC's mission is to protect consumers and competition by preventing anticompetitive, deceptive, and unfair business practices through law enforcement, advocacy, and education without unduly burdening legitimate business activity.
Does reporting to the FTC do anything?
The power of ReportFraud.ftc.gov We can't resolve your individual report, but we use reports to investigate and bring cases against fraud, scams, and bad business practices.
What can the Federal Trade Commission do for me?
The FTC enforces federal consumer protection laws that prevent fraud, deception and unfair business practices. The Commission also enforces federal antitrust laws that prohibit anticompetitive mergers and other business practices that could lead to higher prices, fewer choices, or less innovation.
What did the Federal Trade Commission Act do quizlet?
The FTC protects consumers by stopping unfair, deceptive or fraudulent practices in the marketplace by conducting investigations, suing companies, and people that violate the law, developing rules to ensure a vibrant marketplace, and educating consumers and businesses about their rights and responsibilities.
Will FTC get my money back?
The FTC enforces consumer protection laws to stop illegal business practices and get refunds to people who lost money.
When was the Federal Trade Commission Act?
The Federal Trade Commission was created on September 26, 1914, when President Woodrow Wilson signed the Federal Trade Commission Act into law. The FTC opened its doors on March 16, 1915.
Is Federal Trade Commission legit?
The Federal Trade Commission works to promote competition and protect and educate consumers. Learn more about consumer topics at consumer.ftc.gov, or report fraud, scams, and bad business practices at ReportFraud.ftc.gov.
Why would I get a letter from the Federal Trade Commission?
The purpose of FTC warning letters is to warn companies that their conduct is likely unlawful and that they can face serious legal consequences, such as a federal lawsuit, if they do not immediately stop.
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