Enlarge / Supreme Courtroom Justices, from left, Chief Justice John Roberts, Stephen Breyer, and Elena Kagan pay attention throughout then-President Trump’s State of the Union deal with to a joint session of Congress on the US Capitol in Washington, DC, on Tuesday, Jan. 30, 2018. (credit score: Getty Photos | Bloomberg)
A Supreme Courtroom ruling yesterday killed the Federal Commerce Fee’s “strongest software” for preventing rip-off artists and securing refunds for wronged shoppers, the FTC’s appearing chairwoman stated.
“The Supreme Courtroom dominated in favor of rip-off artists and dishonest firms, leaving common People to pay for unlawful habits,” FTC Performing Chairwoman Rebecca Kelly Slaughter stated in a press release after the ruling. “With this ruling, the Courtroom has disadvantaged the FTC of the strongest software we had to assist shoppers once they want it most. We urge Congress to behave swiftly to revive and strengthen the powers of the company so we will make wronged shoppers entire.”
Although it was criticized by Slaughter and client advocates, the Supreme Courtroom’s ruling in a case involving misleading payday lending practices was unanimous. In AMG Capital Administration v. Federal Commerce Fee, the court docket dominated that Part 13(b) of the Federal Commerce Fee Act “doesn’t authorize the Fee to hunt, or a court docket to award, equitable financial reduction comparable to restitution or disgorgement” for shoppers.
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