Democratic-controlled FTC votes to expand regulatory powers

Published July 1, 2021 6:22pm ET



The Federal Trade Commission voted Thursday to expand the limits and powers of the agency, particularly when it comes to policing corporate conduct.

In a 3-2 vote, the independent agency’s three Democratic commissioners voted to rescind a 2015 policy statement regarding regulating “unfair methods of competition” under Section 5 of the FTC Act. The two Republican commissioners voted to keep the policy in place.

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