The following is a quote from the above... please go read his full story.
The good news is that the FTC is now more aware than ever of the difficulties to consumers implicit in Digital Rights Management (especially since they received over 800 public comments, which they admitted during the meeting they had not managed to work all the way through yet). The bad news is that it is not the FTC’s brief to adjudicate matters relating to the Digital Millennium Copyright Act and fair use, or even anti-trust concerns relating to non-interoperable DRM.
The FTC is chiefly concerned with unfair and deceptive business practices. (For example, in the other big FTC story of the day, the FTC announced yesterday it was suing Dish Network for making telemarketing calls to people listed on the national Do Not Call Registry.)
If companies make deceptive statements in advertising about the limitations of their DRM, the FTC will look into it. If companies release DRM that harms the consumer (as in the infamous Sony rootkit debacle), they will investigate and possibly sanction. But they can’t do anything to let you copy DVDs to your video iPod when the DMCA forbids it. Talk to Congress about that.
That being said, the meeting was of great interest just for the open discussion of DRM among big guns from both consumer-advocacy and commercial trade groups. Anyone who did not realize DRM was a contentious issue before would certainly have gotten an earful. "