Legal Niches

Pending Legislation Could Boost FTC Net Power

By pete_gallagher

As the Federal Communications Commission (FCC) continues to lick its wounds following a recent court loss to Comcast, a provision could emerge from financial overhaul legislation that would boost the Federal Trade Commission's (FTC) governing ability over the Internet.

The Washington Post reports that a current version of regulatory overhaul legislation passed by the House would, 'allow the FTC to issue rules on a fast track and permit the agency to impose civil penalties on companies that hurt consumers.'

The Post notes that, while such a provision is absent from current legislation before the Senate, 'some observers expect the measure to be included when the House and Senate versions are combined.'

Why some groups believe the FTC's power should be expanded: Read More

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Full post as published by GamePolitics.com on April 30, 2010 (boomark / email).