FTC and SAR Availability

In a lecture given by J. Thomas Rosch, Commissioner, Federal Trade Commission, for the Antitrust Economics class, Spring 2012 at the University of Virginia, Rosch said "First, and above all, the Commission is a law enforcement agency charged with protecting competition and consumers. Our enforcement power lies principally in a federal statute commonly referred to as Section 5 of the Federal Trade Commission (FTC) Act, under which we have jurisdiction to prohibit both "unfair methods of competition" that harm competition and "unfair or deceptive acts or practices" that harm consumers."

First published on BankersOnline.com 7/2/12