The Federal Trade Fee these days released a new Office environment of Technologies that will bolster the FTC’s ability to hold pace with technological issues in the electronic market by supporting the agency’s regulation enforcement and plan work.
“For extra than a century, the FTC has labored to maintain pace with new marketplaces and ever-switching systems by making interior experience,” reported Chair Lina M. Khan. “Our place of work of know-how is a organic upcoming move in ensuring we have the in-household abilities necessary to totally grasp evolving systems and industry tendencies as we continue on to tackle unlawful organization procedures and secure People.”
The Office of Technology will have committed personnel and resources, and will be headed by Main Technological innovation Officer Stephanie T. Nguyen.
“I’m honored to direct the FTC’s Office of Engineering at this critical time to reinforce the agency’s technological skills and satisfy the immediately evolving troubles of the electronic overall economy,” explained Nguyen. “I look ahead to continuing to do the job with the agency’s proficient staff and developing our workforce of technologists.”
The Business office of Technological know-how will improve the FTC’s experience to assistance the company realize its mission of guarding consumers and advertising competitiveness. Specifically, the new office environment will:
- Bolster and assist regulation enforcement investigations and actions: The business office will support FTC investigations into small business practices and the systems fundamental them. This features serving to to establish suitable investigative strategies, assisting in the overview and examination of information and paperwork acquired in investigations, and aiding in the creation of efficient treatments.
- Advise and have interaction with staff members and the Fee on policy and research initiatives: The business will get the job done with FTC personnel and the Commission to provide technological expertise on non-enforcement steps which include 6(b) experiments, experiences, requests for information, plan statements, congressional briefings, and other initiatives.
- Spotlight industry tendencies and rising technologies that effect the FTC’s get the job done: The business office will have interaction with the community and external stakeholders via workshops, exploration conferences, and consultations and emphasize essential developments and ideal tactics.
The generation of the Business office of Technological know-how builds on the FTC’s efforts over the decades to increase its in-dwelling technological know-how, and it provides the agency in line with other major antitrust and consumer protection enforcers all-around the earth.
The Fee voted 4- to approve the generation of the Office of Technological know-how.
