FTC reauthorization
This article was originally published in The Tan Sheet
Executive Summary
House approves conference report July 25. The legislation would give the Federal Trade Commission authorization to regulate "unfairness" in advertising for the first time since 1980, but limits "unfair acts or practices" to those that "cause or are likely to cause substantial injury to consumers," are not "reasonably avoidable" by consumers and are not "outweighed by countervailing benefits to consumers or competition." The conference report, a compromise between Senate and House bills on the unfairness standard, now goes before the Senate
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