Comment Re:What does it mean? (Score 1) 328
The law that allows the FTC to take action on the matter is the fact that they exist.
Congress does not have to address it, because Congress created the FTC to address things like this a century ago. Congress doesn't need to delegate anything because this is explicitly within the FTC's jurisdiction already. It also doesn't matter that the founding law doesn't mention specific products and services - the role of the FTC is to protect consumers.
Keep in mind that there has been nothing official from the FTC yet, but they have the power to step in and try (perhaps not successfully) to regulate, alter or annul even state-level laws that they feel are to the detriment of consumers. That is precisely the reason they exist.
And since you mentioned them, the FTC has also bumped heads with the AMA back in the 1970s for somewhat similar reasons. The AMA lost.
=Smidge=