> Additionally, the FTC has rulemaking power to address concerns regarding industry-wide practices. Rules promulgated under this authority are known as Trade Rules.
But of course, that specific sentence is labeled "citation needed" so can't really dig deeper there. But taking it at face-value, isn't that one of the points of the FTC at least today, that they can setup these "Trade Rules"?
In part. They’re also claiming the Commission didn’t consider some material facts. (What they are is so far unstated.)
Much better to maintain the status quo. Wouldn’t want to upset a corpo now would we?
When the criminal says "hey, that's not fair, the legislature didn't make this thing illegal that should be illegal"... well, let's pass it as a law. Anyone not a criminal should be on board with that, including the complainants.
Make no mistake. This is fraud by any sane standard, fraud of the criminal sort. These companies should be fined tens of billions of dollars, if not more. Those who cannot afford such fines (Planet Fitness, etc), should be bankrupted, their assets sold at auction, and their executives and directors prohibited from ever holding such jobs again. Make the shareholders of these companies destitute.
There are plenty of reasons to oppose new laws and rules than your own guilt.
No reason to oppose such a one as I hinted at. Other than your own guilt.
A service has all your source code. Click to cancel is super easy. Privacy laws mean that data must be destroyed almost instantly. You accidentally click and POOF all your stuff is gone. So... to avoid that the service implements something like github - now you have to enter details of the repo, maybe 2fa in because security, and so on. An overzealous Lina Khan type now comes after a service doing the right thing making it hard to shoot yourself in the foot.
every new rule has lots of cases like this. At any given point a good number of the agency heads are ambitious folks trying to build a career of note, not actually protect society.
There is a good reason why Harris doesn't use the FTC (under Lina Kahn) to gain political capital. This is the sort of stuff that actually matters, so naturally barely anyone ever talks about it.
A class action lawsuit could likely work. This doesn't need to be a rule per se. These companies are behaving poorly and it should cost them billions - but we don't need to create red tape every time this happens.