A House of Representatives budget panel has proposed raising the budget of the F...
WASHINGTON - A House of Representatives budget panel has proposed raising the budget of the Federal Trade Commission by $40 million, a more than 10% rise at a time when the antitrust and consumer protection agency has undertaken a probe of Facebook .
The FTC, whose budget was $310 million this fiscal year, divides its antitrust enforcement work with the Justice Department. The extra funds proposed by a subcommittee of the House Appropriations Committee would mean the FTC could add about 90 staff, allowing the agency to double the size of its technology task force, Chairman Joe Simons told the panel at a hearing.
Commissioner Rohit Chopra said the investigation could include looking at fake reviews and use of facial recognition.
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