Share on LinkedInShare on LinkedIn

ARTICLE · 06 MAY 2022

Update: Chair Cantwell Introduces S. 4145, A One-Sided 13(b) Fix

Kelley Drye & Warren LLP
Kelley Drye & Warren LLP
Contributor
Kelley Drye & Warren LLP

Kelley Drye & Warren LLP

About Kelley Drye We’re focused—in key areas of the law and on the nuances of each matter—to help...

View firm profile
Explore more from Kelley Drye & Warren LLP

Yesterday, we described draft legislation circulating in the Senate Commerce Committee that would have given the Federal Trade Commission

United StatesConsumer Protection

On Wednesday, we described draft legislation circulating in the Senate Commerce Committee that would have given the Federal Trade Commission almost unfettered authority to enjoin permanently any act, practice or method of competition that did not meet its approval. https://www.adlawaccess.com/2022/05/articles/senate-commerce-committee-chair-pushes-one-sided-13b-fix/ All the Commission would need to do is show is that a reasonable person had fair notice that the conduct "could" violate the FTC Act.

Senator Cantwell has now introduced the bill and it's more one-sided today than it was in draft form. The need to show fair notice of even a possible violation is gone.

S. 4145, the "Consumer Protection Remedies Act" was introduced by Chair Cantwell last night, with co-sponsors Senators. Klobuchar (D-MN), Warnock (D-GA), and Lujan (D-NM). If this bill becomes law, all the Commission would have to do to stop a practice is persuade a judge that "the public interest" is on

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See more popular content from