SUMMARY: Regulatory reform is the “cornerstone of the Trump administration,” and incoming President Donald Trump has a unique opportunity to quickly and substantially influence Federal Trade Commission (FTC) policy through his nomination of new commissioners and designation of the agency’s chair. Two existing commissioner vacancies and two likely departures make it probable that by this time next year, the agency will have at least four new commissioners—an unprecedented turnover in the FTC’s 100-year history. This article identifies significant enforcement and regulatory policies likely to differentiate the Trump FTC from the Obama FTC. ~ Bilal Sayyed©

Regulatory Reform Is the “Cornerstone of the Trump Administration” -

Regulatory reform is the “cornerstone of the Trump administration,” and the incoming administration has promised to conduct a “thorough review to identify and eliminate unnecessary regulations that kill jobs and bloat government.” The Federal Trade Commission (FTC or Commission) regulates a substantial part of the US economy through its promulgation and enforcement of many rules and regulations. In addition, its broad authority to define “unfair methods of competition” and “unfair or deceptive acts or practices” gives it the power to regulate the conduct of almost all businesses and industries operating in the United States.