Top FTC consumer protection official has 120 corporate conflicts of interest | WHAT REALLY HAPPENED


Top FTC consumer protection official has 120 corporate conflicts of interest

The top consumer protection official at the Federal Trade Commission (FTC) is barred from handling cases involving more than 100 different companies due to conflicts of interest from his prior work as a private sector attorney, according to documents obtained by the consumer group, Public Citizen.

Andrew Smith, who was tapped as the chief of the FTC’s Consumer Protection Bureau in May, listed 120 conflicts on a financial disclosure form that Public Citizen released on Thursday. Among them are Facebook, Equifax and Uber, all of which are either under investigation by the FTC or operating under consent agreements with the agency.

Comments

SHARE THIS ARTICLE WITH YOUR SOCIAL MEDIA