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I'm curious how independent the FTC is from political pressure and lobbyists? In the way there is a revolving door with the SEC, is there a revolving door at t
by alephnan 5y ago
I'm curious how independent the FTC is from political pressure and lobbyists?
In the way there is a revolving door with the SEC, is there a revolving door at the FTC?
- usednet 5y agoYes. The FTC, BigLaw, and tech are highly interconnected. > Public Citizen found that just over 75 percent of top FTC officials (31 out of 41) over the past two decades have either left the agency to serve corporate interests confronting FTC issues, joined the agency after serving corporate interests on these issues, or both. https://www.citizen.org/article/ftc-big-tech-revolving-door-problem-report/?eType=EmailBlastContent&eId=97f1bc62-2cbd-447d-8cc8-fbd40e030dbb https://www.citizen.org/article/ftc-big-tech-revolving-door-...
- alephnan 5y agoRight, so when an agency like the FTC flexes their muscle, I’m a little bit cynical. Are they reminding BigTech that hey, they have political power and some palms needs to be greased.