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The Federal Trade Commission (FTC) enforces federal competition and consumer protection laws, preventing anticompetitive, deceptive, and unfair business practices. The FTC has released a joint statement with the International Competition Network (ICN) on increasing tech capacity in law enforcement agencies to assess the behavior of companies and prevent consumer harms. The agency also released a new staff report detailing its efforts to expand its technological expertise. The FTC aims to promote competition, protect and educate consumers, and never demands money, makes threats, or promises prizes.

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We enforce federal competition and consumer protection laws that prevent anticompetitive, deceptive, and unfair business practices.

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About the FTC

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For Release

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FTC also releases paper on evolution of technologist expertise at agency

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The Federal Trade Commission and other member agencies of the International Competition Network (ICN) jointly issued a statement about how regulatory agencies can increase their tech capacity to keep pace with the increasing use of technology across industries.

The joint statement grew out of a first-ever Technology Forum convened March 25-26 in Washington DC by competition and consumer protection authorities who participate in the ICN and hosted by the FTC.

Separately, a number of U.S. federal and state agencies, including the FTC, also released agency-specific action statements today on tech capacity. These statements reflect concrete actions to increase tech capacity, including actively hiring technologists, which will help the agencies enforce existing laws and design remedies that work for consumers, workers, small businesses, and others.

The FTC also released a new staff report today that details the evolution of the agency’s work to expand its technological expertise and how the agency’s Office of Technology, created in early 2023, applies its subject matter expertise to assisting the agency’s enforcement and regulatory work.

A Joint Statement on Increasing Tech Capacity in Law Enforcement Agencies Around the World

The joint statement recognizes that the increasing digitization of economies around the world require a greater level of expertise in order to assess the behavior of companies and the ability to weigh potential benefits and risks of technology. The statement notes that integrating technological expertise in competition and consumer protection enforcement work can help ensure timely intervention to tackle problems at their inception. This includes detecting consumer harms or anticompetitive conduct, targeting unlawful practices before they are widely adopted, or assessing market conditions that could lead markets to tip. This can help limit harms, promote greater competition and innovation, and save time and resources over the long term.

The joint statement also calls for building interdisciplinary technological expertise by hiring roles across software and hardware engineering, product design and user experience, data science, investigative and user research, expertise in machine learning and artificial intelligence, ad tech and others. Lastly, the participants called for building on this year’s ICN Technology Forum through continued engagement and cross fertilization of ideas and best practices.

The lead staffers on these matters include Noam Kantor, Amritha Jayanti, and Stephanie Nguyen in the Office of Technology and Paul O’Brien and Maria Coppola in the Office of International Affairs.

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The Federal Trade Commission works to promote competition, and protect and educate consumers. The FTC will never demand money, make threats, tell you to transfer money, or promise you a prize. You can learn more about consumer topics and report scams, fraud, and bad business practices online at ReportFraud.ftc.gov. Follow the FTC on social media, read our blogs and subscribe to press releases for the latest FTC news and resources.

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Office of Public Affairs

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202-326-2924

Highlights content goes here...

Summary: Enforcement

The document discusses the Enforcement efforts of the Federal Trade Commission (FTC), which enforces federal competition and consumer protection laws to prevent anticompetitive, deceptive, and unfair business practices. The FTC’s mission is to promote competition, and protect and educate consumers.

The document highlights the importance of building interdisciplinary technological expertise to tackle emerging challenges and threats in the digital economy. It notes that the increasing digitization of economies requires a greater level of technological expertise in competition and consumer protection enforcement work to ensure timely intervention and prevent consumer harms or anticompetitive conduct.

The FTC encourages the integration of technological expertise in various areas, including software and hardware engineering, product design and user experience, data science, investigative and user research, expertise in machine learning and artificial intelligence, and ad tech. This expertise can help the agency to detect consumer harms or anticompetitive conduct before they become widespread, promote greater competition and innovation, and save time and resources in the long term.

The document also emphasizes the importance of building on the ICN Technology Forum through continued engagement and cross-fertilization of ideas and best practices. The lead staffers on these matters include Noam Kantor, Amritha Jayanti, and Stephanie Nguyen in the Office of Technology and Paul O’Brien and Maria Coppola in the Office of International Affairs.

Finally, the document warns consumers about scams, fraud, and bad business practices and encourages them to report these activities online at ReportFraud.ftc.gov. The FTC also provides resources for consumer topics and press releases for the latest news and resources.

Key Takeaways:

The FTC enforces federal competition and consumer protection laws to prevent anticompetitive, deceptive, and unfair business practices.
The agency encourages the integration of technological expertise in competition and consumer protection enforcement work.
The increasing digitization of economies requires a greater level of technological expertise to ensure timely intervention and prevent consumer harms or anticompetitive conduct.
The FTC provides resources for consumer topics and press releases for the latest news and resources.

Federal Trade Commission

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