Matt Schock, left, and Carl Hittinger, right, of Baker & Hostetler. Courtesy photos FTC Launches Office of Technology to Keep Pace With Evolving Digital Economy
Its creation and dramatic launch and mandate send an unmistakable signal: FTC scrutiny of technology firms and digital markets is a continuing reality, and the agency's attention to that industry sector in particular shows no signs of waning or abating.
February 24, 2023 at 01:23 PM
6 minute read
Antitrust
On Feb. 17, the Federal Trade Commission (FTC) launched its Office of Technology (OT), a new unit intended to "strengthen the FTC's ability to keep pace with technological challenges in the digital marketplace." The OT will have dedicated staff and resources and will attempt to move the FTC away from "relying solely on a case-by-case approach to engaging experts" and toward expanded and ongoing "in-house technological expertise." The new office will report directly to Chairperson Lina Khan.
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