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For decades, the Federal Trade Commission could, under its interpretation of Section 13(b) of the Federal Trade Act, go to court and obtain a court order placing a company’s assets under the FTC’s control. Such a company would have no opportunity to defend itself, much less to challenge the order in court before it was imposed. It would effectively be at the mercy of the FTC to impose settlement conditions. In May 2021, the Supreme Court unanimously held that Section 13(b) of the Federal Trade Commission Act does not give the Commission authority to bypass administrative proceedings and seek equitable monetary relief directly from the federal courts. Despite the Supreme Court decision, the FTC has continued to demand monetary sanctions that are impermissible under Section 13(b). And some courts have granted that relief
To discuss recent challenges to the continuing FTC practices, the Center for the Economics of the Internet is pleased to welcome Caleb Kruckenberg of the Pacific Legal Foundation.
Join Hudson Institute for a conference with leaders from industry, government, academia, and defense to discuss the latest developments in the US-China AI competition.
Join House Armed Services Committee Chairman Mike Rogers (AL-03) for a fireside discussion with Senior Fellow Nadia Schadlow on Congress’s role in revitalizing America’s defense industrial base.
Please join Hudson Institute for a special address on the current state-of-play by Ukrainian President Volodymyr Zelenskyy, who will join remotely, followed by a question-and-answer session on the war with Hudson Institute President and CEO John Walters.
Bill Frauenhofer, executive director for semiconductor investment and innovation at the US Department of Commerce, will join Hudson Institute Senior Fellow David Feith for an invitation-only fireside chat on semiconductor onshoring and the role of government capital in strengthening America’s technological and industrial leadership.
