Federal Trade Commission

And one of the main things I studied in economic history was the history of regulation.

Did some very fun pieces on the Interstate Commerce Commission and Federal Trade Commission and such like.

And so ever since, and since I've been moving to the think tank world, I've written a lot about bureaucracy writ large and regulation specifically.

And the last time you were on Gray Matters, you talked about juries even as the historical forerunner to the administrative state.

And one of the main things I studied in economic history was the history of regulation.

Did some very fun pieces on the Interstate Commerce Commission and Federal Trade Commission and such like.

And so ever since, and since I've been moving to the think tank world, I've written a lot about bureaucracy writ large and regulation specifically.

And the last time you were on Gray Matters, you talked about juries even as the historical forerunner to the administrative state.

The agency says consumers should be cautious of unsolicited calls, text messages and social media messages as well as misleading ads which appear in online searches.

The FTC also says pre-recorded robocalls marketing health insurance are illegal.

Legitimate insurance companies must follow additional laws when selling health plans.

Flu season is picking up months ahead of schedule.

Yes, you heard me right.

Lina Khan, Joe Biden's FTC commissioner, who took office after saying that federal agencies have failed to do enough proper policing, filed a lawsuit this week to block the accessible luxury fashion conglomerate Tapestry from buying a UK-based competitor, Capri Holdings.

Now look, I can tell you guys are already about to click away from the video, and I am aware that my audience is 98% male.

And yes, I do agree with you guys that all handbags are the same.

But you know the way crypto bros think that all cryptocurrencies are different from each other and that they have different utility.

Well, according to this FTC lawsuit, that's how some women feel about handbags.

They don't necessarily recognize that all handbags are exactly the same.

The FTC has been a hive of activity since Biden nominated the then 32-year-old Lina Khan to chair the federal agency in 2021.

Maybe a product that you left sitting in your online shopping cart, that becomes a data point.

One example they have in the FTC files described a cosmetics company aiming promotions at people by skin type and skin tone.

So I'm not going to deny that the tools do exist.

I'm not going to deny that.

But there's a catch.

It's a big-ass catch, too.

The FTC could only publish hypothetical examples.

The staff proved that the software is on the market.

Let's talk a little bit about...

We've talked about the FTC.

Let's talk about our friends at the FTC.

Because the FTC, when you look at what kind of engagements they've had, the BCP at the FTC has been active.

They've been going out.

They've been doing a lot of processes out there.

the big AI folks, including Anthropic, where they want testifying that AI is safe.

We're not getting the Terminator set up and stuff on there, but that's obviously an exaggeration.

La medida se produce después de que las ciudades de Nueva York y Los Ángeles restringieran este año el uso de herramientas de inteligencia artificial en los dispositivos escolares.

Lina Khan, expresidenta de la Comisión Federal de Comercio de Estados Unidos, escribió en la red social X: Google está utilizando su monopolio en el mercado de los buscadores para coaccionar a las escuelas a adoptar la inteligencia artificial.

Esto pone de relieve el peligro de permitir que un monopolio sin regulación controle un servicio esencial.

Varios tribunales han determinado que Google ha infringido las leyes antimonopolio y esta última medida demuestra que la empresa no ha corregido su accionar.

If you read the fine print at the bottom of the ad, some of the dealers will illegally, mind you, say that in order to get the price that's posted, that you have to finance with them.

If you ever see a dealer doing that or requiring that, leave, and then call the Federal Trade Commission and turn them in, please.

All legitimate, honest car dealers will appreciate the effort that you go through to correct that dealer's behavior.

You know how it gets corrected? Massive fines.