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FTC releases its FY2020 financial report
Bureau of Competition took action in 27 of the 35 of the investigations it closed (merger & nonmerger) -- a notable uptick
https://www.ftc.gov/system/files/documents/reports/agency-financial-report-fy2020/ftc_fy2020_agency_financial_report_11-16-20_final.pdf
Bureau of Competition took action in 27 of the 35 of the investigations it closed (merger & nonmerger) -- a notable uptick
https://www.ftc.gov/system/files/documents/reports/agency-financial-report-fy2020/ftc_fy2020_agency_financial_report_11-16-20_final.pdf
FTC estimates its bureau of competition saved consumers $25.70 per every $1 in funding
Agency attributes the significant drop to a growing docket and that unusually large consumer savings from FY2015 are no longer factored in.
Agency attributes the significant drop to a growing docket and that unusually large consumer savings from FY2015 are no longer factored in.
Anyone want to have a go at the numbers or methodology? -- have a go!
https://www.ftc.gov/system/files/documents/reports/2018-2022-performance-data-quality-appendix/ftc_performance_data_quality_appendix_fy_2018-2022_03-03-2020.pdf
https://www.ftc.gov/system/files/documents/reports/2018-2022-performance-data-quality-appendix/ftc_performance_data_quality_appendix_fy_2018-2022_03-03-2020.pdf
Looks as though bureau of competition finished with a net cost of $65 million.
6.1% of FTC's obligations go towards expert witnesses.
The FTC pays rent apparently. That increased $2 million due to higher taxes on commercially owned property.
The FTC pays rent apparently. That increased $2 million due to higher taxes on commercially owned property.
Perhaps I'm burying the lede: merger filing revenues down $28 million in FY2020.
