“Yikes”: Internal emails reveal Ticketmaster helped scalpers jack up prices https://arstechni.ca/so68 #Ticketmaster #livenation #scalpers #Policy #FTCact
“Yikes”: Internal emails reveal Ticketmaster helped scalpers jack up prices, FTC says

FTC sued Ticketmaster and Live Nation for turning “blind eye” to scalpers.

Ars Technica

FTC investigating TikTok over privacy and security

FTC is probing #TikTok over an alleged violation of the Children’s Online Privacy Protection rule, which requires companies to notify parents and obtain consent before collecting data from children under 13.

The agency is also investigating whether TikTok violated a portion of the FTC Act that prohibits “unfair or deceptive” business practices

#FTC #FTCAct #ByteDance #socialmedia #COPPA #privacy #data #bigdata #tech

https://www.cnn.com/2024/03/26/tech/ftc-tiktok-probe-privacy-and-security/index.html

If there was any doubt that Congress created the agencies as flexible, adaptive hedges against new threats, then the history of the #FTCAct should dispel it.

Congress created the #FTC through the FTCA because the courts kept misinterpreting its existing #antitrust laws, like the #ShermanAct. Companies would engage in the most obvious acts of naked, catastrophic fuckery, and judges would say, "Welp, because Congress didn't *specifically* ban this conduct, I guess it's OK."

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One interesting wrinkle to framing platform degradation as a failure to connect willing senders and receivers is that it places a whole host of conduct within the regulatory remit of the #FTC. #Section5 of the #FTCAct contains a broad prohibition against "unfair and deceptive" practices:

https://pluralistic.net/2023/01/10/the-courage-to-govern/#whos-in-charge

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Pluralistic: The learned helplessness of Pete Buttigieg (10 Jan 2023) – Pluralistic: Daily links from Cory Doctorow

The fact that a company can make more money by defrauding you by revoking or bricking the things you buy from them doesn't oblige *you* to stand up for their right to do this.

Indeed, all of this conduct is arguably illegal, under Section 5 of the #FTCAct, which prohibits "unfair and deceptive business practices":

https://pluralistic.net/2023/01/10/the-courage-to-govern/#whos-in-charge

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Pluralistic: The learned helplessness of Pete Buttigieg (10 Jan 2023) – Pluralistic: Daily links from Cory Doctorow

Take #Section5 of the #FTCAct, which gives the Commission broad powers to prevent "unfair and deceptive" practices. Since the *1970s*, the FTC just acted like this didn't exist, even though it was right there all along, between Section 4 and Section 6.

Then, under the directorship of FTC chair #LinaKhan, Section 5 was rediscovered and mobilized, first to end the practice of #noncompete "agreements" for workers nationwide:

https://mattstoller.substack.com/p/antitrust-enforcers-to-ban-indentured

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Antitrust Enforcers to Ban Indentured Servitude

Yesterday, the Federal Trade Commission proposed a ban on non-compete agreements that prevent workers from switching jobs. This move could boost wages by $300 billion a year, or $2000 per worker.

BIG by Matt Stoller

That is, Bork claimed that a close reading of existing antitrust laws - the #ShermanAct, the #ClaytonAct, the #FTCAct - would reveal that Congress didn't want regulators or judges to prevent or break up monopolies. No no no! These laws were only drafted to punish *bad* monopolies.

A "bad monopoly" is one that uses its market power to raise prices or lower quality.

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Hypothetically there's another way to discipline Amazon's appetites as it gorges itself on all of us, buyer or seller: regulation. Much of Amazon's conduct falls under the broad terms "unfair and deceptive," which the #FTC has broad authority to prohibit and punish under #Section5 of the #FTCAct.

https://pluralistic.net/2023/01/10/the-courage-to-govern/#whos-in-charge

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Pluralistic: The learned helplessness of Pete Buttigieg (10 Jan 2023) – Pluralistic: Daily links from Cory Doctorow

Consumer groups weren't alone in sounding the alarm over the deteriorating conditions in the airline sector. In 2022, dozens of state attorneys general - Democrats and Republicans - sent open letters to Buttigieg begging him to use his broad powers as Secretary of Transport to hold the airlines accountable.

What are those powers? Well, the big one is USC40 Section 41712(a), the "unfair and deceptive" authority modeled on #Section5 of the #FTCAct.

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Deere to Allow Farmers to Repair Their Own Equipment

Agreement aims to ensure farmers, independent repair shops can fix increasingly high-tech tractors

WSJ