By: David Bland
Taking money away with civil remedies is not going to keep serious bad guys from doing what they do. The only solution there is cooperation with criminal enforcement authorities to take away their freedom.
—William Kovacic, Former Chair, Federal Trade Commission
Consumer advocates and Federal Trade Commission (FTC) proponents continue to have the ear of Congress in their push to bolster the full range of the FTC’s enforcement powers under the looming U.S. Supreme Court decision this summer—AMG Capital Management v. FTC—one that will determine the agency’s authority to obtain monetary awards under section 13(b) of the FTC Act.