Competition and Consumer Protection in the 21st Century

RILA commends the Federal Trade Commission’s efforts to create a comprehensive factual record through this series of hearings and its willingness to scrutinize its existing approach to antitrust enforcement and consumer protection in the rapidly transforming, 21^st century economy. As we explain below, we believe that new approaches may well be necessary to capture what matters most about competition policy in the modern, data- and technology-driven economy, but that there is also a lot of Commission can do with its existing powers to remedy current conduct that is harmful to competition and consumers.