FTC Withdraws Agency’s Policy Statement on Monetary Remedies in Competition Cases; Will Rely on Existing Law

The Federal Trade Commission has withdrawn the Policy Statement on Monetary Equitable Remedies in Competition Cases. The Statement was issued in 2003 and outlined a framework for determining when the Commission would seek equitable monetary remedies, such as disgorgement of ill-gotten gains, in competition cases. In a statement issued today, the Commission wrote that, “Although […]