US Supreme Court: FTC Cannot Seek Equitable Monetary Relief in Section 13(b) Cases

Summary

In a unanimous 9-0 decision authored by Justice Breyer, the US Supreme Court has held that the Federal Trade Commission (FTC) lacks the authority to seek equitable monetary relief in cases brought in federal court under FTC Act Section 13(b). The Court's April 22, 2021, decision in AMG Capital Management, LLC v. Federal Trade Commission has significant implications for the FTC and for the companies and industries whose practices the FTC challenges.