BU Now » Consumers http://blogs.bu.edu/bunow News, information and research from Boston University Wed, 21 Sep 2011 18:14:24 +0000 en hourly 1 http://wordpress.org/?v=3.1.4 FTC to get new powers http://blogs.bu.edu/bunow/2009/10/29/ftc-to-get-new-powers/ http://blogs.bu.edu/bunow/2009/10/29/ftc-to-get-new-powers/#comments Thu, 29 Oct 2009 20:22:34 +0000 Dick Taffe http://blogs.bu.edu/bunow/?p=3548 FTC LogoCongress is moving to give the Federal Trade Commission new powers to oversee and punish violators of FTC regulations aimed at protecting consumers.  School of Management Professor Michael Salinger, a former FTC director, says the authority to impose civil penalties will help, but cautions that the ban on “unfair trade practices” in the FTC Act is vague.

“The combination of large penalties and uncertain legal standards can be a big problem.”

Contact Michael Salinger, 617-353-4408, salinger@bu.edu

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