US Business Lobby Opposes Retroactivity If Congress Restores FTC Monetary Relief Authority

The fight over whether the Federal Trade Commission will regain authority to collect monetary relief for false advertising violations heats up as the FTC acting chairwoman slams the largest US business lobby’s argument against applying the authority retroactively.

Acting chairwoman Rebecca Kelly Slaughter says a “gaping loophole” will open for advertisers to escape consequences and encourage future violations if Congress approves legislation aligning with the US Chamber of Commerce’s position