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FTC Faces Supreme Court Over Presidential Power
8 Dec
Summary
- Supreme Court heard arguments on presidential removal powers for regulators.
- FTC enforces consumer protection and antitrust laws across the US.
- Amazon paid $1 billion penalty for deceptive Prime subscription tactics.
The Federal Trade Commission (FTC) is at the center of a Supreme Court case examining the President's authority to dismiss leaders of independent agencies. This legal challenge could impact the FTC's structure, which has historically been governed by a bipartisan commission.
The agency's primary mission involves safeguarding consumers by litigating against deceptive advertising and privacy violations. Notably, in September, the FTC secured a $1 billion penalty from Amazon and mandated refunds for consumers misled into Prime subscriptions.
Beyond consumer protection, the FTC also enforces antitrust laws to prevent monopolies and anti-competitive mergers. While the agency has taken action against major tech companies, it recently experienced a setback in its case against Meta regarding acquisitions.
