FTC to music teachers: Better not try to raise the price of your lessons.

“Teddy Roosevelt busted Standard Oil. The Obama administration? It’s making the world safe from rapacious piano teachers.  Every month, it seems, brings a new story of this presidency leveling the intimidating powers of the federal government against some law-abiding citizen. Now comes a terrifying tale of how the Federal Trade Commission, a governmental Goliath, crushes an average David—because it can.  In March of this year, a small nonprofit in Cincinnati—the Music Teachers National Association—received a letter from the FTC. The agency was investigating whether the association was engaged in, uh, anticompetitive practices.  The MTNA has existed since 1876.”

http://online.wsj.com/news/articles/SB10001424052702303562904579224251626379422

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