21st Century FTC Act

The 21st Century FTC Act (HR 4324) amends the Federal Trade Commission Act to update how the FTC enforces rules against unfair or deceptive business practices. It removes outdated procedural requirements for FTC rulemaking (like certain statements required in rule documents) and clarifies that violations of the FTC Act itself are prohibited. This directly affects the FTC’s ability to issue and enforce rules, and businesses subject to FTC oversight. The changes streamline the rulemaking process and strengthen judicial review standards for FTC actions.