Current News

Muris Testifies on FTC's Role in Protecting Consumers

Professor Timothy Muris made an appearance at a Capitol Hill hearing of the Consumer Protection, Product Safety, and Insurance Subcommittee of the U.S. Senate Committee on Commerce, Science, and Transportation on March 17 to address The Role of the Federal Trade Commission in Protecting Consumers (Part II).

In speaking before the committee, Muris said, "As a nation, we use markets to organize and drive our economy. We derive vast economic benefits from these markets and the competition that helps markets function properly. These benefits should not be taken for granted; they are not immutable. The nation's consumer protection policy can profoundly enhance these benefits by protecting the market." Muris's written testimony addressed seven key points having to do with the Federal Trade Commission's (FTC) consumer protection mission and is available here.

Muris was chairman of the FTC from 2001–04 and is the only person ever to have directed both FTC enforcement arms, the Bureau of Consumer Protection and the Bureau of Competition.

Appearing along with Muris as witnesses were FTC Commissioner Thomas Rosch; Edmund Mierzwinski, director of the U.S. PIRG's Consumer Program; Dee Pridgen, associate dean and professor of law at the University of Wyoming College of Law; and Linda Woolley, executive vice president of government affairs for the Direct Marketing Association.