The state of antitrust and consumer protection law and enforcement, and their development, since the Pitofsky hearings #FTC-2018-0048-D-0122

Submission Number:
FTC-2018-0048-D-0122
Commenter:
Pete Sepp
Organization:
National Taxpayers Union
State:
District of Columbia
Initiative Name:
The state of antitrust and consumer protection law and enforcement, and their development, since the Pitofsky hearings
August 20, 2018 The Honorable Joseph Simons, Chairman The Honorable Maureen K. Ohlhausen, former Chair The Honorable Rohit Chopra, Commissioner The Honorable Noah Phillips, Commissioner The Honorable Rebecca Kelly Slaughter, Commissioner Federal Trade Commission 600 Pennsylvania Ave., N.W. Washington, D.C. 20580 Dear Chairman Simons, Commissioner Ohlhausen, Commissioner Chopra, Commissioner Phillips, and Commissioner Slaughter: On behalf of National Taxpayers Unions (NTUs) thousands of supporters across the country, I am honored to submit the following comments in regard to Project Number P18201, Competition and Consumer Protection in the 21st Century. Your decision to hold a series of hearings on this topic is both commendable and timely. Our full comments are attached in the uploaded PDF file. To summarize, NTU believes that taxpayers have a great interest in the future of competition and consumer protection. From innovations in the private sector that translate to more efficient government services, to economic growth and job creation, a thoughtful approach to regulation from the FTC can provide fiscal as well as economic benefits. We provide six recommendations per topic 1 of the FTC's announcement, including greater consideration of costs and benefits for taxpayers in weighing enforcement actions; ruling out European-style privacy directives; rethinking reliance on consent decrees for enforcement; establishing more robust due process reforms; creating an advocate's office for small businesses; and continuing to advise state and local policymakers. Please read the attached submission for further details. Thank you for your consideration. Sincerely, Pete Sepp National Taxpayers Union