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Bidenโ€™s Data Flows Order: Does It Comport with EU Law?

European Union officials insist that the executive order President Joe Biden signed Oct. 7 to implement a new U.S.-EU data-privacy framework must address European concerns about U.S. agencies’ surveillance practices. Awaited since March, when U.S. and EU officials reached an agreement in principle on a new framework, the order is intended to replace an earlier ... Bidenโ€™s Data Flows Order: Does It Comport with EU Law?

FCC Auctions and the Benefits of Unlicensed Spectrum

What should a government do when it owns geese that lay golden eggs? Should it sell the geese to fund government programs? Or should it let them run wild so everyone can have a chance at a golden egg?  That’s the question facing Congress as it considers re-authorizing the Federal Communications Commission’s (FCC’s) authority to ... FCC Auctions and the Benefits of Unlicensed Spectrum

The FTCโ€™s UMC Statement Creates a Target for Federal Courts

The Federal Trade Commission’s (FTC) recently released Policy Statement on unfair methods of competition (UMC) has a number of profound problems, which I will detail below. But first, some praise: if the FTC does indeed plan to bring many lawsuits challenging conduct as a standalone UMC (I am dubious it will), then the public ought ... The FTCโ€™s UMC Statement Creates a Target for Federal Courts

The New FTC Section 5 Policy Statement: Full of Sound and Fury, Signifying Nothing?

The Federal Trade Commission’s (FTC) Nov. 10 Policy Statement Regarding the Scope of Unfair Methods of Competition Under Section 5 of the Federal Trade Commission Act—adopted by a 3-1 vote, with Commissioner Christine Wilson issuing a dissenting statement—holds out the prospect of dramatic new enforcement initiatives going far beyond anything the FTC has done in ... The New FTC Section 5 Policy Statement: Full of Sound and Fury, Signifying Nothing?

The FTC Knows It When It Sees It

When Congress created the Federal Trade Commission (FTC) in 1914, it charged the agency with condemning “unfair methods of competition.” That’s not the language Congress used in writing America’s primary antitrust statute, the Sherman Act, which prohibits “monopoliz[ation]” and “restraint[s] of trade.” Ever since, the question has lingered whether the FTC has the authority to ... The FTC Knows It When It Sees It

FTC Section 5 Statement: Less Guidance Than Meets the Eye

On Nov. 10, the Federal Trade Commission (FTC) issued a new statement explaining how it will exercise its standalone FTC Act Section 5 authority. Despite the length of the statement and the accompanying commentaries from most of the commissioners, there is less guidance than one might expect from so many words. One thing is clear, ... FTC Section 5 Statement: Less Guidance Than Meets the Eye

Biweekly FTC Roundup: Commissioners Bite Horse Edition

The massive New Deal sculptures that frame Federal Trade Commission headquarters are both called “Man Controlling Trade.” And according to the Commission’s new Policy Statement Regarding Unfair Methods of Competition Under Section 5 of the Federal Trade Commission Act, “Three Commissioners Controlling the Economy” appears to now be one of the agency’s guiding principles. The ... Biweekly FTC Roundup: Commissioners Bite Horse Edition

Lina Khanโ€™s Christmas Wish Is To Have Margrethe Vestagerโ€™s Powers

Federal Trade Commission (FTC) Chair Lina Khan has just sent her holiday wishlist to Santa Claus. It comes in the form of a policy statement on unfair methods of competition (UMC) that the FTC approved last week by a 3-1 vote. If there’s anything to be gleaned from the document, it’s that Khan and the ... Lina Khanโ€™s Christmas Wish Is To Have Margrethe Vestagerโ€™s Powers

The End of Reason at the FTC

In a 3-2 July 2021 vote, the Federal Trade Commission (FTC) rescinded the nuanced statement it had issued in 2015 concerning the scope of unfair methods of competition under Section 5 of the FTC Act. At the same time, the FTC rejected the applicability of the balancing test set forth in the rule of reason ... The End of Reason at the FTC

A Policy Statement Is Still Only Worth the Electrons Upon Which It Is Written

Just over a decade ago, in a speech at the spring meeting of the American Bar Association’s Antitrust Law Section, then-recently appointed Commissioner Joshua Wright of the Federal Trade Commission (FTC) announced his hope that the FTC would adopt a policy statement on the use of its unfair methods of competition (UMC) authority: [The Commission] ... A Policy Statement Is Still Only Worth the Electrons Upon Which It Is Written

FTC Rejects Economics for โ€˜Fairnessโ€™

The current Federal Trade Commission (FTC) appears to have one overarching goal: find more ways to sue companies. The three Democratic commissioners (with the one Republican dissenting) issued a new policy statement earlier today that brings long-abandoned powers back into the FTC’s toolkit. Under Chair Lina Khan’s leadership, the FTC wants to bring challenges against ... FTC Rejects Economics for โ€˜Fairnessโ€™

Noah Phillipsโ€™ Major Contribution to IP-Antitrust Law: The 1-800 Contacts Case

Recently departed Federal Trade Commission (FTC) Commissioner Noah Phillips has been rightly praised as “a powerful voice during his four-year tenure at the FTC, advocating for rational antitrust enforcement and against populist antitrust that derails the fair yet disruptive process of competition.” The FTC will miss his trenchant analysis and collegiality, now that he has ... Noah Phillipsโ€™ Major Contribution to IP-Antitrust Law: The <em>1-800 Contacts</em> Case