FTC Unveils Annual Report
FTC Chairman Deborah Platt Majoras, who is leaving her post this spring to join consumer products giant Procter & Gamble, issued the agency's 2008 report that describes competition and consumer protection missions and accomplishments. She unveiled the report at an American Bar Association antitrust meeting in Washington.
In the past year, the FTC has "rooted out economic 'villains' by actively pursuing the latest generation of fraudsters working to deceive the public… and those that mock the competitive marketplace by engaging in anticompetitive conduct that raises the specter of increased prices or decreased consumer choice," the report states.
The document highlights the Commission's work in the technology area against spyware and adware programs that are installed on consumers' computers without their knowledge or consent. It also mentions the major crackdown on federal Do Not Call list violators, including six settlements against telemarketers. Read the full report here.
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