Federal Trade Commission Chairwoman Edith Ramirez released the agency’s 2013 Annual Highlights today at the Spring Meeting of the American Bar Association’s Section of Antirust Law in Washington emphasizing the agency’s work to protect consumers and promote competition during the past calendar year.
“The hallmark of our work has been, and will continue to be, our ability to adapt established tools – law enforcement, policy initiatives and education – to address economic challenges and technological advances that Congress could never have imagined when it created the FTC,” said Ramirez in her Highlights message.
The agency’s Enforcement Highlights address a range of law enforcement actions in industries including health care, technology, and energy and the environment. Promoting competition in the health care and pharmaceutical industries that reduces costs to consumers remains a top priority for the Commission and among the most notable accomplishments last year in this area, the FTC obtained two Supreme Court victories (FTC v. Actavis Inc., and FTC v. Phoebe Putney).
Focusing on the technology sector, the agency took its first actions involving mobile cramming and the Internet of Things. Law enforcement to stop consumer fraud continued to be a high priority for the agency along with its complementary order enforcement program. The FTC’s actions resulted in redress orders of more than $297 million and civil penalty orders of $20 million.