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For competition policy, this staff report analyzes and makes recommendations on how to continue the FTC's missions in light of increased global and innovation-based competition. Although the report proceeds from hearings testimony and proposals, its analysis relies on many other sources as well, including case law and policy, empirical data and research literature, and discussions with FTC staff within the Bureaus of Competition, Consumer Protection, and Economics. The goal was to articulate recommendations that would effectively ensure the competitiveness of U.S. markets without imposing unnecessary costs on private parties or governmental processes.