A bill to amend the Federal Trade Commission Act to restrict the authority of the Federal Trade Commission to gather and compile certain information under such Act, and for other purposes.

Amends the Federal Trade Commission Act to repeal provisions of such Act which empower the Commission: (1) to collect information on the organization, operation, and business relationships of any entity, with specified exceptions, engaged in or whose business affects commerce; and (2) to issue orders requiring such an entity to furnish such information to the Commission.