Americans Deserve a Transparent and Accountable FTC
The Federal Trade Commission’s (FTC) recent actions are alarming and pose a serious threat to our economy.
American companies are already facing historic challenges with inflation, strained supply chains and worker shortages, and the FTC's actions are only accelerating uncertainty and threatening our economy.
Under Chairwoman Lina Khan, the FTC has radically departed from its core mission to protect consumers and competition.
Rather, the FTC is overstepping its regulatory authority, undermining our system of checks and balances, ignoring due process, and bypassing longstanding regulatory norms to expansively regulate industries and manage our economy with a government knows best approach.
Areas of Overreach
- RulemakingUnder Lina Khan the FTC has embarked on a rulemaking bonanza often skirting or outright ignoring whether or not it has Congressional authorization.
- LitigationThe FTC’s litigious approach to enforcement is denying companies basic rights to due process.
- Merger ActivityBy improperly using a rulemaking process, the FTC is poised rewrite antitrust law based off false economic and often partisan assumptions.
Holding the FTC accountable on Capitol Hill
Holding the FTC accountable in the courts
FTC: A Timeline of An Agency Gone Rogue
This timeline shows the ways in which Chairwoman Khan has moved to silence dissent at the FTC and consolidated power in ways that call into question the independence of the agency.
U.S. Chamber of Commerce Stands Up to FTC Going Rogue
Chamber CEO Clark: ‘The FTC is waging a war against American businesses, so the U.S. Chamber is fighting back’
In 1914, the Federal Trade Commission (FTC) was created when President Woodrow Wilson signed the Federal Trade Commission Act into law. Since its founding, the FTC has held a unique and multifaceted role in the U.S. administrative state and the economy.
This Hill letter was sent to Members of the House Energy and Commerce Committee’s Subcommittee on Consumer Protection & Commerce on the hearing “Transforming the FTC: Legislation to Modernize Consumer Protection.”
WASHINGTON, D.C. - The following statement can be attributed to Sean Heather, Senior Vice President, International Regulatory Affairs and Antitrust, U.S. Chamber of Commerce.
This Coalition letter was sent to the Members of the Senate Committee Commerce, Science, and Transportation on the Federal Trade Commission's statutory authority and H.R. 2668, the "Consumer Protection and Recovery Act."
The U.S. Chamber of Commerce writes to express our concerns with the Open Meeting scheduled for July 1, 2021 that was noticed on June 24, 2021. Although the Federal Trade Commission (“FTC” or “Commission”) has expressed its intention to “open the work of the Commission” to the public, the FTC has failed to provide meaningful notice or adequate opportunity to comment on the pending items to be voted upon on July 1.
The Federal Trade Commission is seeking, through legislation, authority it is not supposed to have.
This Hill letter was sent to the Members of the House Committee on Energy and Commerce, in advance of a hearing entitled, “The Consumer Protection and Recovery Act: Returning Money to Defrauded Consumers."
This Hill letter was sent to the Members of the Senate Committee on Commerce, Science, and Transportation, in advance of a hearing entitled, “Strengthening the Federal Trade Commission’s Authority to Protect Consumers."
U.S. Chamber Comments to the Federal Trade Commission supporting a national privacy framework.
Comments to the FTC calling for a national privacy framework that is risk-based.