federal trade commission authority

federal trade commission authority Sec. 408. (a)(1) The Congress hereby finds that the investigative and law enforcement responsibilities of the Federal Trade Commission have been restricted and hampered because of inadequate legal authority to enforce subpenas and to seek preliminary injunctive relief to avoid unfair competitive practices. (2) The Congress further finds that as a direct result of this inadequate legal authority significant delays have occurred on a major investigation into the legality of the structure, conduct, and activities of the petroleum industry, as well as in other major investigations designed to protect the public interest. (b) It is the purpose of this Act to grant the Federal Trade Commission the requisite authority to insure prompt enforcement of the laws the Commission administers by granting statutory authority to directly enforce subpenas issued by the Commission and to seek preliminary injunctive relief to avoid unfair competitive practices. [15 U.S.C. 45 note] (c) [This subsection amended section 5 of the Federal Trade Commission Act (15 U.S.C. 45).] (d) [This subsection amended section 5 of the Federal Trade Commission Act (15 U.S.C. 45).] (e) [This subsection amended section 6 of the Federal Trade Commission Act (15 U.S.C. 46).] (f) [This subsection amended section 13 of the Federal Trade Commission Act (15 U.S.C. 53).] (g) [This subsection amended section 16 of the Federal Trade Commission Act (15 U.S.C. 56).]