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

Published on June 22, 2023 - 22:40 GMT

FTC Files Amicus Brief in CFPB Action Opposing Efforts to Weaken Equal Credit Opportunity Act

The Federal Trade Commission filed a friend-of-the-court (amicus) brief in the U.S. Court of Appeals for the Seventh Circuit challenging a district court ruling that invalidated a key anti-discrimination rule in the Equal Credit Opportunity Act (ECOA). The …

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Published on June 22, 2023 - 01:55 GMT

FTC Takes Action Against Amazon for Enrolling Consumers in Amazon Prime Without Consent and Sabotaging Their Attempts to Cancel

The Federal Trade Commission is taking action against Amazon.com, Inc. for its years-long effort to enroll consumers into its Prime program without their consent while knowingly making it difficult for consumers to cancel their subscriptions to Prime. In …

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Published on June 22, 2023 - 01:55 GMT

FTC Staff Files Comment on U.S. Department of Education’s Proposed Regulations to Protect Postsecondary Education Students

The staff of the Federal Trade Commission’s Bureau of Consumer Protection filed a comment today with the U.S. Department of Education regarding the U.S. Department of Education’s proposed regulations to protect postsecondary students in the education …

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Published on June 21, 2023 - 06:01 GMT

FTC Files Amicus Brief in Bystolic Antitrust Litigation Supporting Competition in the Hypertension Drug Market

The Federal Trade Commission filed a friend-of-the-court (amicus) brief in the U.S. Court of Appeals for the Second Circuit, clarifying the legal standards that apply in certain antitrust cases involving the pharmaceutical sector. The case relates to …

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Published on June 20, 2023 - 18:08 GMT

FTC Puts Online Marketplaces on Notice About Their Responsibilities Under the New INFORM Consumers Act

The Federal Trade Commission has sent letters to 50 online marketplaces nationwide notifying them about their obligation to comply with the new Integrity, Notification, and Fairness in Online Retail Marketplaces for Consumers Act – or the INFORM Consumers …

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Published on June 17, 2023 - 01:50 GMT

FTC Says Genetic Testing Company 1Health Failed to Protect Privacy and Security of DNA Data and Unfairly Changed its Privacy ...

The Federal Trade Commission charged that the genetic testing firm 1Health.io left sensitive genetic and health data unsecured, deceived consumers about their ability to get their data deleted, and changed its privacy policy retroactively without …

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Published on June 15, 2023 - 00:25 GMT

FTC Sends More than $3.3 Million to Consumers Harmed by Student Loan Debt Relief Scam

The Federal Trade Commission is sending payments totaling more than $3.3 million to consumers who were harmed by Arete Financial Group, a student loan debt relief operation that tricked consumers into making illegal upfront payments by pretending to be …

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Published on June 14, 2023 - 15:23 GMT

FTC Acts to Stop Real Estate and Online Commerce Coaching Scheme ‘Ganadores’ Targeting Spanish-Speaking Consumers With Brazen ...

In response to an action filed by the Federal Trade Commission, a federal court has entered a temporary restraining order against the operators of a Florida-based business opportunity and real estate investment training scheme known as Ganadores Online and …

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Published on June 13, 2023 - 20:22 GMT

FTC Policy Director Issues Statement Commending Maine’s Repeal of Certificate of Public Advantage Law

The Federal Trade Commission has learned that the state of Maine recently enacted legislation repealing the state’s Hospital and Health Care Provider Cooperation Act, which allowed for certain hospital and health care provider agreements that may otherwise …

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Published on June 8, 2023 - 22:47 GMT

FTC Further Expands Inquiry Into Prescription Drug Middlemen Industry Practices

As part of its ongoing study on pharmacy benefit managers (PBMs) and their impact on the accessibility and affordability of prescription drugs, the Federal Trade Commission has issued a compulsory order to a third group purchasing organization (GPO) that …

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Published on June 8, 2023 - 22:36 GMT

New FTC Data Analysis Shows Bank Impersonation is Most-Reported Text Message Scam

A new analysis from the Federal Trade Commission shows that bogus bank fraud warnings were the most common form of text message scam reported to the agency, and that many of the most common text scams impersonate well-known businesses. In a newly issued …

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Published on June 8, 2023 - 02:46 GMT

FTC Staff Provides Annual Report to CFPB On 2022 Activities Regarding Financial Acts

The staff of the Federal Trade Commission has provided its annual report to the Consumer Financial Protection Bureau on its enforcement and related activities in 2022 on the Truth in Lending Act (TILA), Consumer Leasing Act (CLA), and Electronic Fund …

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Published on June 8, 2023 - 02:46 GMT

Commission Seeks Public Comment on Collaboration with State Attorneys General

The Federal Trade Commission is seeking public comments and suggestions on ways it can work more effectively with state attorneys general nationwide to help educate consumers about, and protect them from, potential fraud. The request for public information …

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Published on June 6, 2023 - 20:21 GMT

FTC Issues Annual Report on Refunds to Consumers; Agency Returned $392M in 2022

Federal Trade Commission law enforcement actions resulted in more than $392 million in refunds to consumers in 2022, the agency said in its annual report on refunds. More than 1.9 million consumers benefited from FTC refund payments. The FTC Annual Report …

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Published on June 6, 2023 - 08:25 GMT

FTC Will Require Microsoft to Pay $20 million over Charges it Illegally Collected Personal Information from Children without Their ...

Microsoft will pay $20 million to settle Federal Trade Commission charges that it violated the Children’s Online Privacy Protection Act (COPPA) by collecting personal information from children who signed up to its Xbox gaming system without notifying their …

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Published on June 6, 2023 - 00:40 GMT

FTC Staff Opposes State Legislation in North Carolina Designed to Shield UNC Health System from Antitrust Enforcement

In a comment to North Carolina House Health Committee members, the Federal Trade Commission staff opposed a bill pending before the state legislature attempting to prevent antitrust authorities from challenging the University of North Carolina Health Care …

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Published on June 6, 2023 - 00:28 GMT

At FTC’s Request, Florida District Court Permanently Bars Deceptive COVID-19 PPE Marketer from Selling Any Protective Goods or ...

The United States District Court for the Middle District of Florida, Ocala Division, issued an order permanently banning defendant Frank Romero from offering for sale or selling any protective goods or services, after granting the FTC’s motion for summary …

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Published on June 2, 2023 - 23:01 GMT

FTC Approves Final Order Requiring Anchor Glass Container Corp. to Drop Noncompete Restrictions That It Imposed on Workers

Following a public comment period, the Federal Trade Commission finalized a consent order settling charges that Anchor Glass Container Corp. illegally imposed noncompete restrictions on more than 300 workers across a variety of positions. The consent order …

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Published on June 2, 2023 - 23:01 GMT

FTC Approves Publication of Federal Register Notice on Revisions to Parts 0-4 of the Commission’s Rules of Practice

The Federal Trade Commission voted to modify several sections of the agency’s Rules of Practice to reflect the creation of the FTC’s Office of Technology, revise the Commission’s administrative hearing process, and amend procedures for Touhy and Privacy …

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Published on June 2, 2023 - 22:39 GMT

FTC Finalizes Order Against Motocross and ATV Parts Maker Cycra for False Made in USA Claims

The Federal Trade Commission has finalized its order against motocross and ATV parts maker Cycra and its officer, Chad James, for falsely claiming that the company’s products were manufactured in the U.S. The FTC’s order, first announced in April, 2023 …

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