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Richard Blumenthal: “The FTC, under its existing authority, can and should do…”

Featuring: Richard Blumenthal, Democratic | U.S. Senate from Connecticut

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'We Need A Federal Law': Richard Blumenthal Demands Quick Work To Regulate AI Price-Setting

Published | Video Starts at 09:40

… need to prove the case that this is happening and it's being used to rip off consumers. I don't know whether anyone else has observations on the FTC question, whether The FTC, under its existing authority, can and should do more [to protect consumers]. But my opinion is yes, they should, they must. They can begin to advance this work to protect consumers. And this is nothing against capitalism. I'm a believer in capitalism. (09:40–09:45)

CLAIM

Asserts that the FTC has the authority and obligation to enhance consumer protection.

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