Open Markets Institute

View Original

Seven Reactions to the FTC's Policy Statement on Unfair Methods of Competition

Legal director Sandeep Vaheesan publishes his comments with other antitrust experts regarding the FTC’s most recent policy statement on competition.


Earlier this month, the FTC issued a new policy statement regarding the prohibition on unfair methods of competition under Section 5 of the FTC Act. This statement, as Chair Khan emphasized, reverses the Commission’s position in recent decades, during which it either ignored or severely restricted its mandate to police such practices. To help sort through the meaning and implications of this new policy statement, we asked Sanjukta Paul, Matthew Buck, Sandeep Vaheesan, Luke Herrine, Marshall Steinbaum, Katharine Jackson, Mark Glick and Darren Bush for their initial reactions.

Read full comment here.