Thursday, June 19, 2008
Posted by D. Daniel Sokol
New on the FTC website today is a press release on FTC at 100: Into Our Second Century, based on a speech that Chairman Kovacic gave yesterday 21st Annual Western Conference of the Rutgers University Center for Research in Regulated Industries held in Monterey, California.
The key conclusion to the speech is the following:
- We will address these [research questions which Kovacic laid out in the speech] with a mix of internal deliberations and external consultations. We not only want to ask difficult questions of ourselves, but we want to see ourselves as others see us. The external consultations, which will begin in late July and extend through this calendar year, mainly will take the form of workshops to which the FTC will invite a broad collection of expert observers from academia, business groups, consumer organizations, and government bodies. The workshops will take place in the United States and abroad. We expect to complete the proceedings by the close of 2008. The self-assessment will yield recommendations for future Commission operations and supply a template for future comparable exercises.