The Federal Trade Commission (FTC) has injected itself into a topic that one conservative commissioner is warning could set a precedent that leads businesses to effectively begin discriminating against white people for fear of being fined by the FEC for “discriminatory” pricing.
While the conservative commissioner, Melissa Holyoak, agreed that a business overpricing a community based on race was a violation of the Equal Credit Opportunity Act, she warned that the reason for ruling against the impending company is what will set a dangerous precedent.
She claimed “[N]o matter how well-intended, broad standards of liability under disparate impact theories can backfire — particularly ones that seek to regulate the entire American economy — creating risks of unlawful race-based practices. The solution to our Nation’s racial problems cannot come from policies grounded in affirmative action or some other conception of equity. Racialism simply cannot be undone by different or more racialism.”
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Excerpt from slaynews.com
Lame-duck President Joe Biden’s Federal Trade Commission (FTC) has just issued a new decision that could force businesses across the country to comply with the Democrats’ radical diversity, equity, and inclusion (DEI) agenda.
One Republican commissioner is warning that the rule could “inject” DEI practices in companies that offer price-varied goods and services nationwide….
However, Holyoak said that the majority also tacked on a “superfluous” violation of Section 5 of the FTC Act.
This move could have a “pernicious” effect on American businesses in the future, Holyoak warns.
“[N]o matter how well-intended, broad standards of liability under disparate impact theories can backfire — particularly ones that seek to regulate the entire American economy — creating risks of unlawful race-based practices,” Holyoak said.
“The solution to our Nation’s racial problems cannot come from policies grounded in affirmative action or some other conception of equity,” she added.
“Racialism simply cannot be undone by different or more racialism.”
She was citing the recent Supreme Court decision in Students for Fair Admissions v. Harvard.
That case outlawed race-based considerations in higher-ed admissions policies.
Holyoak explained that “absent Congressional authorization, the Commission should not attempt to broaden the FTC’s unfairness consumer protection authority into a comprehensive civil rights authority — a new standard of liability that may have unintended and pernicious consequences.”
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