On Monday, presaging his sixth State of the Union Address, U.S.
President Barack Obama visited the Federal Trade Commission (FTC) bearing a message
of sweeping privacy reform. Coincidentally, it was almost exactly 101
years ago that President Woodrow Wilson, in his January 20, 1914, State
of the Union Address, announced his antitrust initiative
to Congress, declaring, “We are all agreed that ‘private monopoly is
indefensible and intolerable.’” The result of that speech was the
passage of the FTC and Clayton Acts of 1914, which led to the
establishment of a new agency dedicated to protecting consumers and
competition from deceptive or unfair trade practices.
Now, 80 years after the last visit by a president to the FTC—Obama
quipped, “you would think one of the presidents would come into the
building by accident”—Obama’s visit and announcement heralds the arrival
of privacy on the central stage of the national policy agenda.
read full article at IAPP
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