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It's absolutely not an "overreach." The FTC is actually starting to do their job after decades of letting industries consolidate. Congress should increase their
by Despegar 6y ago
It's absolutely not an "overreach." The FTC is actually starting to do their job after decades of letting industries consolidate. Congress should increase their budget so they can do more of it.
- akersten 6y agoFrankly, the order is one step short of "copy your Shared drive to a hard disk and mail it to us, we'll take care of the rest." I'm genuinely interested in what US Code permits the FTC to ask for such a trove of company information and strategy. My suspicion is that they're reaching. We can talk about whether we feel it's an overreach or not - you clearly feel the opposite of me - but I hope someone can chime in with the actual mandate or code.
- cj 6y ago“A Brief Overview of the Federal Trade Commission's Investigative, Law Enforcement, and Rulemaking Authority” https://www.ftc.gov/about-ftc/what-we-do/enforcement-authority https://www.ftc.gov/about-ftc/what-we-do/enforcement-authori...
- Despegar 6y agoIt's in the press release: >The FTC is issuing the orders under Section 6(b) of the FTC Act, which authorizes the Commission to conduct wide-ranging studies that do not have a specific law enforcement purpose.
- akersten 6y agoMy read of Section 6(b) (from [0]) is that it requires the FTC to prescribe specific questions for a company to answer: > the Commission may prescribe annual or special, or both annual and special, reports or answers in writing to specific questions I do not see how the requirements of part 12 of this Order are "specific questions," in fact they are quite broad to me. But I suppose that's for a lawyer to decide. [0]: https://www.ftc.gov/sites/default/files/documents/statutes/federal-trade-commission-act/ftc_act_incorporatingus_safe_web_act.pdf https://www.ftc.gov/sites/default/files/documents/statutes/f... (Control+F "Sec. 6")
- nOObie1 6y agoDoes the order state if the summitted answers will be made public?
- joshspankit 6y agoPersonal opinion (don’t @me, I have zero credibility here): They are looking to establish a new name for themselves with the public, and right now is the perfect time to do it. “We’re taking big tech to task for the safety of our children! You’ve seen the headlines about what they’ve let happen under their watch! The FTC is here for you!”