Supreme Court Rules That the FTC Cannot Use Section 13(b) to Secure Monetary Relief
By EsqSocial Corporation 27/04/21
Since the 1970s, the Federal Trade Commission has used its authority under Section 13(b) of the FTC Act to secure consumer redress for frauds and scams perpetrated on consumers. On April 22, 2021, the U.S. Supreme Court, in AMG Capital Management, LLC v. FTC, struck down that oft-used authority, ruling that the statutory ability to seek “permanent injunctions” in § 13(b) did not grant the FTC the power to obtain monetary relief....
By: Faegre Drinker Biddle & Reath LLP