With an FTC investigation in the rearview mirror, it's no surprise that Google's Larry Page took a few potshots at government regulators and their inability to keep up with the dynamism of the tech sector during the company's recent I/O event. The question is, were his criticisms valid?
While we live in an era of skepticism about government and its institutions, it is important to note the important work undertaken by the Federal Trade Commission, an underappreciated regulatory body that safeguards both competition and consumers.
A majority of both parties supported the JOBS Act and leaders in both parties claim credit for the accomplishment. You would think they would want to implement the Act as soon as possible, but except for a few members in either chamber, the Congress is oblivious too.
In the wake of the tragic shooting at Sandy Hook, an unusual alliance of concerned policymakers from both sides of the aisle, as well as gun rights and children's advocates have called for new studies of violent entertainment, presuming a link with societal violence.
For years there's been an ongoing debate about accuracy of credit reports. Various studies have claimed that 3 to 25 percent of reports contain errors. Can credit report errors be a big deal? Yes, absolutely.
In this age of tweets and texts, shorter is better. Short titles may serve useful purposes in that they could facilitate discussion and reference to legislation, but such titles often serve another perhaps less noble purpose.
If you wanted to ensure a report gets buried, a good time to release it would be the Friday before a holiday week. That the FTC released its latest report on marketing to children then speaks volumes about how seriously the Obama administration is taking this intractable problem.
I'm all in favor of the FTC investigating companies when it believes there is proper cause to do so. An investigation, however, can lead to political pressure to bring a case, even if such a case is unwarranted.
In a unanimous vote, the Federal Trade Commission announced it has closed its investigation into Google's search practices, concluding that the evidence "does not support" an antitrust case. The FTC cannot stop here.