The U.S. Chamber submitted comments to the Federal Trade Commission on the FTC’s Draft Strategic Plan for Fiscal Years 2022 to 2026. In these comments, the Chamber recommends that the FTC revise the Draft Plan to commit at least to: (1) working constructively with the private sector; (2) enforcing the law in a way that minimizes undue burden and costs; (3) tailoring proposed remedies to fit any alleged anticompetitive conduct; (4) protecting due process; (5) preventing worsening regulatory patchworks; (6) focusing on preventing and addressing harm nd not revenue through penalties; and (7) modernizing systems and promoting transparency. Through these changes, the FTC could continue its robust law enforcement efforts in a way that reduces the costs to the business community and ultimately, to consumers.
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