Participate in this week's discussion regarding the procedures that the Federal Trade Commission uses to protect consumers. Post at least 4 quality comments and post your first comment by Wednesday of the week. THIS WEEK'S DISCUSSION WILL BE HOSTED BY: Liam Mahabir As your reading for this week tells us, the Federal Trade Commission (FTC) enforces a number of consumer protection statutes relating to such matters as product warranties, product packaging and labeling, "truth in lending" disclosures, telemarketing fraud, "fair credit" reporting procedures, and identity theft. You might ask just how the FTC goes about carrying out its mandate. The materials I have attached contain a recent case study involving Rite Aid Corporation that demonstrates how the FTC carries out its responsibilities. On July 27, 2010, the FTC and Rite Aid agreed to sign an "Agreement Containing Consent Order" (the "Agreement") in which Rite Aid agreed to cease violating its published privacy policy and to take steps to protect private information of consumers, employees and employee applicants in the future. The FTC's Complaint that is part of the attached materials was never officially served on Rite Aid. Instead a draft of the Complaint was sent to it, and Rite Aid