JustTooMuchTime
12-02-2013, 01:07 PM
So THIS is why the FTC didn't have time to really dig into Herbalife...
"In March of this year, a small nonprofit in Cincinnati—the Music Teachers National Association—received a letter from the FTC. The agency was investigating whether the association was engaged in, uh, anticompetitive practices."
"The FTC didn't care. Nor did it blink when the MTNA pointed out that the agency has no real authority over nonprofits (it is largely limited to going after sham organizations) and that Congress has never acted on the FTA's requests for more control over 501(c)3 groups. Nor was the agency moved by the group's offer to immediately excise the provision. The investigation would continue."
Kim Strassel: Piano Sonata in FTC Minor - WSJ.com (http://online.wsj.com/news/articles/SB10001424052702303562904579224251626379422)
"In March of this year, a small nonprofit in Cincinnati—the Music Teachers National Association—received a letter from the FTC. The agency was investigating whether the association was engaged in, uh, anticompetitive practices."
"The FTC didn't care. Nor did it blink when the MTNA pointed out that the agency has no real authority over nonprofits (it is largely limited to going after sham organizations) and that Congress has never acted on the FTA's requests for more control over 501(c)3 groups. Nor was the agency moved by the group's offer to immediately excise the provision. The investigation would continue."
Kim Strassel: Piano Sonata in FTC Minor - WSJ.com (http://online.wsj.com/news/articles/SB10001424052702303562904579224251626379422)