Federal Trade Commission Press Releases - EIN Presswire - Press Release Distribution Service

Published on August 26, 2024 - 17:44 GMT

FTC Takes Action Against Care.com for Deceiving Caregivers About Wages and Availability of Jobs on its Site, Impeding Cancellation ...

The Federal Trade Commission is taking action against Care.com (Care), alleging that the child and older adult care gig platform has systematically deceived caregivers who were looking for jobs while failing to give families seeking care a simple way to …

Distribution channels: Business & Economy

Published on August 26, 2024 - 17:44 GMT

FTC Sends Refunds to Consumers Harmed by Lanier Law Mortgage Relief Scheme

The Federal Trade Commission is sending more than $222,000 in refunds to consumers harmed by a deceptive mortgage relief operation known as Lanier Law. The scheme collected thousands of dollars in upfront fees from homeowners by promising to lower their …

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Published on August 23, 2024 - 19:09 GMT

FTC Seeks Public Comments on Cooperativa De Farmacias Puertorriqueñas Request to Modify Final Commission Order

The Federal Trade Commission is seeking public comment on a petition by a Puerto Rican cooperative of independent pharmacy owners, Cooperativa De Farmacias Puertorriqueñas, also known as Coopharma, requesting that the FTC reopen and modify a final consent …

Distribution channels: Business & Economy

Published on August 20, 2024 - 18:07 GMT

FTC Submits Comment Supporting Proposed FDA Guidance on Interchangeable Biosimilar Drugs

The Federal Trade Commission submitted a comment supporting the Food and Drug Administration’s (FDA) draft guidance regarding interchangeable biosimilar drugs that can be substituted for brand-name biologic products, stating that the FDA’s guidance would …

Distribution channels: Business & Economy

Published on August 20, 2024 - 17:15 GMT

FTC to Hold Oral Hearing on Dyson’s Comment to Proposed Changes to the Energy Labeling Rule for Air Cleaners

The Federal Trade Commission will receive Dyson Inc.’s comment on proposed changes to the Energy Labeling Rule at an oral hearing at 1 p.m. ET on September 19, 2024. The public may view the oral hearing via webcast on FTC.gov. On February 2, 2024, the FTC …

Distribution channels: Business & Economy

Published on August 20, 2024 - 05:31 GMT

FTC Files Amicus Brief Saying COPPA Can’t Force Parents Into Arbitration

The Federal Trade Commission filed an amicus brief in a lawsuit brought by a group of parents who are suing IXL Learning, Inc. The FTC’s brief disputes the company’s argument that under the Children’s Online Privacy Protection Act and the COPPA Rule, the …

Distribution channels: Business & Economy

Published on August 16, 2024 - 20:22 GMT

FTC Takes Action Against Auto Dealer Group Asbury Automotive for Discriminating Against Black and Latino Consumers and Charging ...

The Federal Trade Commission is acting against a large automotive dealer group, Asbury Automotive, for systematically charging consumers for costly add-on items they did not agree to or were falsely told were required as part of their purchase. The FTC …

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Published on August 15, 2024 - 22:21 GMT

FTC, State of Arizona Take Action Against Coulter Motor Company for Deceptive Pricing and Discriminatory Practices

The Federal Trade Commission and State of Arizona are taking action against Arizona-based Coulter Motor Company for engaging in a wide array of practices that harm consumers, from deceptive online vehicle pricing to charging Latino car buyers more in …

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Published on August 15, 2024 - 00:13 GMT

Federal Trade Commission Announces Final Rule Banning Fake Reviews and Testimonials

The Federal Trade Commission today announced a final rule that will combat fake reviews and testimonials by prohibiting their sale or purchase and allow the agency to seek civil penalties against knowing violators. “Fake reviews not only waste people’s …

Distribution channels: Business & Economy

Published on August 13, 2024 - 20:41 GMT

FTC Outlines Remedy Concerns in Amicus Brief After Jury Finds Google Illegally Monopolized App Store

The Federal Trade Commission filed an amicus brief in a case brought by online video game maker Epic Games Inc. against Google LLC’s app store, which outlines how the court should consider potential remedies when determining effective relief to restore …

Distribution channels: Business & Economy

Published on August 12, 2024 - 22:01 GMT

FTC Approves Final New HISA Oversight Rule

The Federal Trade Commission has approved publication of a Federal Register notice announcing a final new oversight rule pertaining to non-budget aspects of the operations of the Horseracing Integrity and Safety Authority (Authority). The new oversight …

Distribution channels: Business & Economy

Published on August 8, 2024 - 16:42 GMT

FTC Action Leads to Sweepstakes Ban for Individual Who Helped Run Massive Scheme that Cost Consumers Millions

As a result of a Federal Trade Commission case, one of the operators of a sweepstakes scam that cost consumers millions has agreed to a settlement that permanently bans him from operating sweepstakes or making claims to consumers about prizes they have won …

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Published on August 8, 2024 - 16:42 GMT

FTC Action Leads to Settlement Against Two Defendants Who Operated Business Opportunity Scheme That Took Millions from Consumers

As a result of a Federal Trade Commission lawsuit, two defendants who helped operate a sprawling business opportunity scheme known by several names, including Blueprint to Wealth, have agreed to settlements that include lifetime bans from pitching money- …

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Published on August 6, 2024 - 17:47 GMT

FTC Sends Nearly $1.9 Million in Refunds to Customers Harmed by Hey Dude’s Violations of the Mail Order Rule

The Federal Trade Commission is sending nearly $1.9 million in refunds to consumers harmed by online shoe seller Hey Dude, Inc.’s refund and shipping practices. In September 2023, the company settled allegations that it repeatedly violated the FTC’s Mail, …

Distribution channels: Business & Economy

Published on August 6, 2024 - 00:46 GMT

FTC Action Leads to Permanent Bans for Scammers Behind Sprawling Credit Repair Pyramid Scheme

As a result of a Federal Trade Commission lawsuit, the owners and operators of a sprawling credit repair operation known as Financial Education Services (FES) will end the practices that the FTC alleged created a pyramid scheme and also violated the Credit …

Distribution channels: Business & Economy

Published on August 2, 2024 - 23:19 GMT

FTC Investigation Leads to Lawsuit Against TikTok and ByteDance for Flagrantly Violating Children’s Privacy Law

On behalf of the Federal Trade Commission, the Department of Justice sued video-sharing platform TikTok, its parent company ByteDance, as well as its affiliated companies, with flagrantly violating a children’s privacy law—the Children’s Online Privacy …

Distribution channels: Business & Economy

Published on August 2, 2024 - 01:16 GMT

FTC and Justice Department Host First Strike Force on Unfair and Illegal Pricing Meeting

The Federal Trade Commission and the Department of Justice (DOJ) virtually cohosted the first public meeting of the Strike Force on Unfair and Illegal Pricing (Strike Force) to discuss Strike Force enforcement actions taken to lower prices for Americans. …

Distribution channels: Business & Economy

Published on July 31, 2024 - 20:13 GMT

FTC and DOJ Host First Public Strike Force on Unfair and Illegal Pricing Meeting

WHAT: The Federal Trade Commission and the Department of Justice will virtually cohost the first public meeting of the Strike Force on Unfair and Illegal Pricing (Strike Force) to discuss Strike Force enforcement actions taken to lower prices for Americans …

Distribution channels: Business & Economy

Published on July 31, 2024 - 19:28 GMT

FTC Sends More Than $12 Million in Refunds to Consumers Harmed by Zurixx Real Estate Investment Coaching Scheme

The Federal Trade Commission is sending more than $12 million in refunds to consumers who paid Zurixx, LLC for a real estate investment training program that allegedly made empty promises about earning big profits by “flipping” houses. The FTC and the Utah …

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Published on July 31, 2024 - 19:25 GMT

FTC Submits Comment to FCC on Work to Protect Consumers from Potential Harmful Effects of AI

The Federal Trade Commission highlighted the agency’s work to protect consumers from potential harms related to artificial intelligence in a comment submitted as part of the Federal Communication Commission’s (FCC) notice of inquiry examining the …

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