The Federal Trade Commission seeks public comment on “potential 6(b) orders that would inform an FTC study of mega single-family rental investors.” These would be companies that own at least 1,000 single-family homes and rent the properties to consumers.
Section 6(b) of the FTC Act gives the agency the power to require entities to answer questions and provide data about their “organization, business, conduct, practices, management, and relation to other corporations, partnerships, and individuals.” Such studies do not need a “specific law enforcement purpose.”
The FTC has used such requests when considering actions on what it perceived as anticompetitive activity.
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