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FTC aims to give more guidance on 'unfair or deceptive' practices, chairman says

By Leah Nylen ( November 15, 2011, 23:52 GMT | Insight) -- Speaking at a hearing today, FTC chairman Jon Leibowitz said the commission is seeking to explain what conduct is prohibited under the controversial and rarely used Section 5 of the FTC Act, which bars ‘‘unfair or deceptive acts or practices’’ that affect commerce.Washington -- The Federal Trade Commission is considering ways to give more guidance to companies on the range of "unfair or deceptive" practices that will attract scrutiny, the agency’s chairman told members of a Senate panel today....

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