Supreme Court Curtails FTC's Authority to Seek Monetary Relief for False Advertisements
By EsqSocial Corporation 26/04/21
For over four decades, the FTC has brought court actions against companies for disseminating false advertisements or engaging in other “unfair or deceptive acts or practices.” 15 U.S.C. § 45(a), 52. However, on April 22, 2021, the U.S. Supreme Court unanimously ruled that the FTC does not have statutory authority to seek monetary relief in a court action under Section 13(b) of the FTC Act, 15 U.S.C. § 53(b). AMG Capital Management, LLC v. FTC, No. 19-508, 2021 WL 1566607 (Apr. 22, 2021)....
By: Locke Lord LLP