The FTC Takes Its Turn To Feel The Regulator's Exhilaration
/It’s hard to imagine any job more excruciatingly dull than that of the Washington regulator.
You beaver away for months on end generating 300 or 500 page documents justifying the latest the latest agency finaglings, all of which text needs to be cleared with scores of co-participants via endless meetings and by repeated circulation of marked-up drafts that draw hundreds of inconsistent edits from self-important functionaries. Ugh!
But then, into this miasma of infinite boredom, from time to time, there intrudes a frisson of great excitement. This happens when the agency decides to seize control and transform a large swath of the economy by its own edict.
The latest agency to make its grab for the excitement of the limelight is the FTC.