In the waning days of the Biden administration, Lina Khan's FTC rushed out two proposed rulemaking makings related to earnings claims. These proposed rules disproportionately target the direct selling industry which represents a substantial part of the Utah's economy. A recent independent study by the Phoenix center has identified significant flaws in the proposed rules cost benefit analysis, including overstated benefits and a failure to fully account for key assumptions. Your FTC has demonstrated just this week that it already has authority to take enforcement action against bad actors, further proving the irrelevancy of the proposed rules. (01:43–01:56)
CLAIM
Asserts that a Phoenix Center study found flaws in the FTC's proposed rules' cost-benefit analysis.
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