FOR IMMEDIATE RELEASE: March 23, 1988 FTC SHOULD STRIVE FOR A LEVEL OF STEADY ACTIVISM, COMMISSIONER STRENIO TELLS AMERICAN BAR ASSOCIATION Federal Trade Commissioner Andrew J. Strenio Jr. today said that the FTC should "strive for a level of steady activism," noting that in the past the agency "repeatedly has been buffeted by Congressional explosions generated by extremes of agency activity or inactivity." "Each explosion causes extensive reactions at the agency, and moves the FTC toward the other extreme. Then the cycle starts all over again," he told the American Bar Association. This "level of steady activism" might also be called a dynamic equilibrium, he noted. "Attaining and maintaining a dynamic equilibrium requires that the agency grow and change, neither lagging too far behind nor rushing too far ahead of what the times demand and allow." Commissioner Strenio also suggested that the Commission "should embark upon a series of targeted hearings, such as the recently completed hearing on consumer problems of older Americans." He mentioned four subject areas the Commission might look at. First, "it is time to reassess the role of the FTC with an eye to the remainder of the century. We should conduct a review of the FTC's existence over the past 75 years that distills wisdom from the accumulated experience and provides direction for the future," Strenio said. Second, the FTC "could make a major contribution to the resolution of several raging controversies by providing a forum for dispassionate, factual examinations" of the issues. Topics for this category might include resale price maintenance and the extent of consumer fraud. A third subject area might be "market failures that create a need for stronger regulation." The Commission "frequently has commented upon government regulation that hurts consumers and competition," but needs to look in the other direction, too, he said. For example, the Commission might look at consolidation trends in the airline industry. Finally, Strenio said, "it is time to reexamine federalism and redefine the relationship between the states and the FTC. Particularly in light of recent developments, such as the larger role of the states in antitrust and consumer protection law enforcement, it is necessary to discuss these issues in a systematic fashion." (More) Copies of the Commissioner's speech are available from the FTC's Public Reference Branch, Room 130, 6th St. and Pennsylvania Ave. N.W., Washington, D.C. 20580; 202-326-2222; TTY 202-326- 2502. # # # MEDIA CONTACT: Susan Ticknor, Office of Public Affairs, 202-326-2181 (Strenio1)