Congress is moving to give the Federal Trade Commission new powers to oversee and punish violators of FTC regulations aimed at protecting consumers. School of Management Professor Michael Salinger, a former FTC director, says the authority to impose civil penalties will help, but cautions that the ban on “unfair trade practices” in the FTC Act is vague.
“The combination of large penalties and uncertain legal standards can be a big problem.”
Contact Michael Salinger, 617-353-4408, salinger@bu.edu
