consumer privacy Federal Trade Commission FTC
FTC Launches New Inquiry on "Competition and Consumer Protection in the 21st Century"
The FTC Chairman Joe Simmons announced today that the FTC will hold a series of public hearings this fall on how to safeguard consumer protection and competition in light of economic and technologic developments. "The hearings may identify areas for enforcement and policy guidance, including improvements to the agency's investigation and law enforcement processes, as well as areas that warrant additional study," said the FTC. The hearings will focus on several topics, including "the intersection between privacy, big data, and competition" and "the use of algorithmic decision tools, artificial intelligence, and predictive analytics." The FTC is requesting public comment in advance of the hearings. This will be the first time the FTC has reexamined its approach to consumer protection and competition since the FTC's 1995 hearings on "Global Competition and Innovation." EPIC participated in those hearings and helped the FTC develop authority to address emerging privacy issues. More recently, EPIC has put forward "10 Recommendations" for how the FTC can protect consumers, promote competition, and encourage innovation.