TOTM
FTC Should Focus More Heavily on Fraudsters
Truth on the Market
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The Federal Trade Commission’s (FTC) two-fold mission is “[p]rotecting the public from deceptive or unfair business practices [consumer protection] and from unfair methods of competition [antitrust] through law enforcement, advocacy, research, and education.” To maximize its benefits to the American public, the FTC should focus its consumer-protection enforcement on hardcore fraud. In light of resource constraints, it should consider dropping costly rulemakings and cases of questionable benefit to the American public and redirecting those resources to fraud enforcement.