A party can violate Section 5 of the Federal Trade Commission Act,by violating the "spirit" of the antitrust laws even though no specific provision of the antirust laws is violated.

Question

Quizplus · Accepted Answer

This statement is true. Section 5 of the Federal Trade Commission Act prohibits unfair or deceptive acts or practices in or affecting commerce, and the FTC has used this provision to challenge conduct that goes against the spirit of the antitrust laws, even if it does not violate a specific provision of the Sherman or Clayton Acts. This approach is known as the FTC's "unfair methods of competition" authority.

A Party Can Violate Section 5 of the Federal Trade