Re:FTC Restores Rigorous Enforcement of Law Banning Unfair M...
by dragonwriter on Saturday November 12, 2022 @06:41PM
(#33578388)
> If they were really interested in sending a signal they would do something like shut down Amway.
Sure, if the signal was “we just want to get beaten up by the courts for trying to turn a regulatory agency into a lawless dictatorship”.
> The FTC, FCC, and SEC are toothless against billionaires
None of them are in primarily aimed, legally, at indivduals, regardless of wealth.
> Just like the IRS, they mainly focus on harassing small-time crooks these days because that's the easiest thing to do.
I don’t think a review of the actual enforcement record of any of those agencies supports that claim. Vonage, Harley-Davidson, Weber grills, Westinghouse outdoor power equipment, OpenDoor Labs—just to cite FTC enforcement actions in the last couple weeks—aren’t small actors.
Sure, if the signal was “we just want to get beaten up by the courts for trying to turn a regulatory agency into a lawless dictatorship”.
> The FTC, FCC, and SEC are toothless against billionaires
None of them are in primarily aimed, legally, at indivduals, regardless of wealth.
> Just like the IRS, they mainly focus on harassing small-time crooks these days because that's the easiest thing to do.
I don’t think a review of the actual enforcement record of any of those agencies supports that claim. Vonage, Harley-Davidson, Weber grills, Westinghouse outdoor power equipment, OpenDoor Labs—just to cite FTC enforcement actions in the last couple weeks—aren’t small actors.