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United States: FTC Warns Industry About Fake Reviews And Endorsements - Global Advertising Lawyers Alliance (GALA)

The Federal Trade Commission announced that it sent Notices of Penalty Offenses to more than 700 companies, warning them that if they use endorsements to deceive consumers...
Tags: News, United States, Federal Trade Commission


Director Chopra Shakes Up CFPB Leadership with New Appointments

Barely a day after Rohit Chopra took office as director of the Consumer Financial Protection Bureau (CFPB), the agency announced a leadership shakeup. The agency said that the four senior roles will be filled by a Biden campaign alum, two former Obama-era CFPB officials and a long-time Bureau official with fair lending expertise. Zixta Martinez will serve as the CFPB’s deputy director, and will oversee the operations division. Martinez helped set up the CFPB when it was founded in 2011, an...
Tags: Obama, Finance, White House, Pennsylvania, Meyer, Biden, Federal Trade Commission, Ftc, Trump, Bureau, Frank, Martinez, Chopra, CFPB, Department of Housing and Urban Development HUD, Consumer Financial Protection Bureau CFPB


United States: Lina Khan's FTC Outlines Its Priorities And Second Request Process Changes - Arnold & Porter

Since Lina Khan's appointment as chair of the Federal Trade Commission, antitrust practitioners and the business community have been reading the tea leaves, searching for clues for what to expect from Chair Khan's tenure.
Tags: News, United States, Federal Trade Commission, Ftc, Porter, Lina Khan


Amazon, Facebook Among Companies Facing FTC Warning Over Reviews

An anonymous reader quotes a report from Bloomberg Law: Companies including Amazon and Facebook could face fines over fake reviews or other misleading endorsements online, according to a warning from the Federal Trade Commission. The warning comes as social media has blurred the line between authentic content and advertising, according to the FTC's Wednesday announcement. Practices such as influencer marketing leave some consumers confused about when posters are paid to endorse a product, if the...
Tags: Amazon, Facebook, Tech, Bloomberg, Federal Trade Commission, Ftc, U S Supreme Court, Lina Khan, Amazon Facebook Among Companies Facing FTC


A group of nearly 50 nonprofits has launched a campaign to 'effectively end Facebook's current business model' in the wake of whistleblower testimony

AP Photo/Mark Lennihan A group of almost 50 nonprofits is trying to "stop Facebook" in the wake of multiple company crises. It wants a data privacy law "strong enough to effectively end Facebook's current business model." The effort was spurred by testimony from Facebook whistleblower Frances Haugen last week. Dozens of human rights organizations have started a campaign calling for action against Facebook following a week of turmoil for the tech giant. The coalition of nearly 50 nonpr...
Tags: Facebook, Instagram, Congress, Youtube, Senate, Trends, Wall Street Journal, Federal Trade Commission, Facebook Instagram, PEN America, Mark Lennihan, Tech Insider, Sarah Jackson, Haugen, Facebook Whistleblower, Frances Haugen


United States: FTC Charges Nectar Sleep (Again!) With Making False U.S.-Origin Claims - Global Advertising Lawyers Alliance (GALA)

The Federal Trade Commission announced that it entered into a settlement with Resident Home, the parent company of Nectar Sleep, and Resident Home's owner,...
Tags: News, United States, Federal Trade Commission, Ftc, Nectar Sleep and Resident Home


Slain Reporter's Father Takes on Facebook Over Violent Video

The family of a slain journalist is asking the Federal Trade Commission to take action against Facebook for failing to remove online footage of her shooting death.
Tags: Facebook, Federal Trade Commission


Facebooks bad few weeks could leave it facing 2 threats even bigger than new laws, analyst says

Facebook CEO Mark Zuckerberg. Chip Somodevilla / Getty Images Facebook's brutal few weeks could lead to class action lawsuits and state attorneys general-led probes. Analyst Blair Levin of New Street Research said that is a greater threat than potential regulation. Litigation could force Facebook to share documents, which could include "problematic evidence." Facebook has had a brutal few weeks, and lawmakers now have increasingly more fodder to finally reign in Big Tech.But the social...
Tags: Facebook, Mark Zuckerberg, Politics, News, Instagram, Congress, Senate, Trends, Social Media, Wall Street Journal, Journal, Federal Trade Commission, Ftc, Zuckerberg, Tech Companies, Levin


Incoming CFPB Director Invites Hope, Fear from Mortgage Businesses

After a drawn-out process between nomination and confirmation stemming largely from optics and politics, Rohit Chopra was confirmed by the U.S. Senate along a largely party-line vote to serve as the third full-time director of the Consumer Financial Protection Bureau (CFPB) late last month. Just before the inauguration of President Joe Biden, Chopra was named as Biden’s nominee to serve as the new director of the consumer watchdog agency; authority effectively granted to Biden by a Supreme Co...
Tags: Supreme Court, Obama, Finance, Senate, Barack Obama, Pennsylvania, Biden, Federal Trade Commission, Ftc, Bureau, Nichols, Chopra, Steve Irwin, CFPB, Consumer Financial Protection Bureau, Mahwah N J


U.S. to Fine For-Profit Colleges for False Promises About Graduates' Prospects

WASHINGTON (Reuters) - Some 70 U.S. for-profit colleges, including some of the largest, were sent notices that the Federal Trade Commission could...
Tags: Washington, Federal Trade Commission, Reuters


Biden's administration is cracking down on for-profit schools that made 'false promises' about students' futures and drove them into debt

FTC Chair Lina Khan. GRAEME JENNINGS/POOL/AFP via Getty Images The Federal Trade Commission alerted 70 for-profit schools of the penalties for defrauding students. If those schools are found of wrongdoing, they could face fines up to $43,792 per violation. Many for-profits have come under fire for pushing students to take on too much debt. See more stories on Insider's business page. Over the past decade, a number of for-profit colleges have come under fire for defrauding students and ...
Tags: Trends, Joe Biden, Biden, Federal Trade Commission, Ftc, Trump, Federal Trade Commission FTC, University of Phoenix, Bobby Scott, Cardona, Lina M Khan, House Education and Labor Committee, Miguel Cardona, Ayelet Sheffey, House Appropriations Chair Rosa DeLauro, Lina Khan GRAEME JENNINGS


Facebook Files Motion to Dismiss FTC’s Amended Complaint

The back-and-forth between Facebook and the Federal Trade Commission continued this week, as the company filed a second motion to dismiss the amended complaint filed by the agency in August. In late June, U.S. District Court Judge James Boasberg dismissed separate antitrust lawsuits filed against Facebook by the FTC and 48 state attorneys general last...
Tags: Facebook, Advertising, Federal Trade Commission, Ftc, Platforms, James Boasberg, Social Pro Daily, Facebook Files Motion to Dismiss FTC, June U S District Court


‘This is not a blip’: Antitrust experts warn RE leaders to work with DOJ

The Council of Multiple Listing Services panelists warned real estate leaders and MLS members, "It's better to be part of the process ... than having the rules written for you."
Tags: Radio, Antitrust, Mls, Agent, Department Of Justice, Doj, Federal Trade Commission, Ftc, NAR, National Association of Realtors, Owen Kendler, Brokerage, Select, Council of Multiple Listing Services, Civil Investigative Demand, CID


New PatentlyO L.J. Article: The AIA at Ten – How Much Do the Pre-AIA Prior Art Rules Still Matter?

New Patently-O Law Journal article by Colleen V. Chien, Professor of Law and Co-Director, High Tech Law Institute, and Janelle Barbier and Obie Reynolds, both second-year JD students; all at Santa Clara University School of Law.  Below they summarize their findings. As the America Invents Act (AIA) turns 10, patent students across the country may be asking: if the law is already a decade old, why am I spending so much time learning pre-AIA law? Though patents filed before the transition date wil...
Tags: Google, Law, Dc, AIA, Patent, Alice, Federal Trade Commission, Donald, PAUL, Mayo, Duffy, Ninth Circuit, Patent Office, Federal Circuit, ARIAD, John F Duffy


Zillow wraps ShowingTime deal as feds continue FTC investigation

The $500 million deal was first announced in February, and it prompted a heated debate among ShowingTime users. Despite the deal closing, the FTC is reportedly still seeking information from the companies.
Tags: Technology, Regulations, Radio, Mls, Zillow, Federal Trade Commission, Ftc, Industry News, Brokerage, Select, MLSS, Errol Samuelson, Lina Khan, Showingtime, Mike Lane


Hundreds of scam apps caused a surprise $42 monthly charge to land on millions of Android users' wireless bills

Nicolas Economou/NurPhoto/Getty Images Millions of Android users were plagued by scam apps that placed charges on their wireless bills. Users were tricked by a fake prize into providing their phone numbers, Zimperium reported. Google says that all of the apps identified by Zimperium have been removed from the Play Store. See more stories on Insider's business page. A massive scamming campaign recently plagued the Google Play Store, affecting millions of Android users.The scam took pla...
Tags: Google, Android, Google Play, Google Play Store, Security, News, Fcc, Trends, Data, App, Cybersecurity, Fraud, Hack, Federal Communications Commission, Wireless, Hackers


United States: FTC Shuts Down Bogus Debt Collectors Of "Phantom Debt"! - Foley & Lardner

The Federal Trade Commission issued a press release "that the defendants and their agents threatened consumers with arrest and imprisonment and tried to collect debts that consumers did not actually owe."
Tags: News, United States, Federal Trade Commission, Ftc, Foley, Lardner


FTC Weighs New Online Privacy Rules

The Federal Trade Commission is considering strengthening online privacy protections, including for children, in an effort to bypass legislative logjams in Congress. WSJ: The rules under consideration could impose significant new obligations on businesses across the economy related to how they handle consumer data, people familiar with the matter said. The early talks are the latest indication of the five-member commission's more aggressive posture under its new chairwoman, Lina Khan, a Democrat...
Tags: Tech, Federal Trade Commission, Ftc, Congressional, Senate Commerce Committee, Lina Khan, Congress WSJ


Utah's governor highlighted a controversial essential-oil MLM as a way to protect school kids from a COVID-19

Vote Smart listed the Utah governor as receiving over $10,000 from doTerra International in 2020. Chad Hurst/Getty Images for Sundance Film Festival and Dimitrios Kambouris/Getty Images for Mercedes-Benz Utah Gov. Spencer Cox expressed gratitude to multi-level marketing company doTerra on Twitter. doTerra has offered to give 1 million wipes to Utah schools to prevent COVID-19 transmission. The company received a reprimand from the FTC over promoting its products as COVID-19 cures. See mor...
Tags: Utah, Minnesota, Pacific Standard, Trends, Retail, Centers For Disease Control And Prevention, Federal Trade Commission, Ftc, Rosemary, Young Living, Cox, Gary Herbert, Herbert, KUTV, Spencer Cox, David Hill


Opendoor and FTC still at odds over iBuyer’s advertising

Regulator threatened "enforcement action" related to allegedly "inaccurate" or "inadequately substantiated" advertising claims if settlement talks fail.
Tags: Regulations, Radio, Antitrust, Department Of Justice, Doj, Federal Trade Commission, Ftc, Select, Opendoor, Civil Investigative Demand, CID, iBuyer, Social Capital Hedosophia Holdings Corp


Robocalls should drop dramatically in coming weeks, officials hope

Ring! Ring! Ring! Your car warranty is nearing expiration. You owe money to the IRS. You’ve been pre-approved for a low-interest credit card! Robocalls — often from scammers trying to steal your money — have long been the bane of communication technology. “It’s not just that they’re are so damn annoying and frustrating, it’s that they’re dangerous,” said Assemblyman Jesse Gabriel, D-Woodland Hills, who chairs the Assembly Committee on Privacy and Consumer Protection. “They enable criminal condu...
Tags: Amazon, News, Fcc, California, Sport, Soccer, Ohio, City Council, Irs, Consumers, Federal Trade Commission, Ftc, Don, U S Federal Communications Commission, Woodland Hills, Employment Development Department


Facebook overpaid the FTC by nearly $5 billion to 'protect Zuckerberg' and 'make his problems go away' after Cambridge Analytica scandal, shareholders claim

Facebook CEO Mark Zuckerberg in Washington D.C. on Oct. 23, 2019 Andrew Harnik/AP Shareholders say Facebook overpaid the FTC to protect Mark Zuckerberg, per lawsuits made public Tuesday. They alleged the $5 billion payment was made to prevent the FTC from suing Zuckerberg individually. Facebook has paid "billions of dollars ... to make his problems go away," shareholders claimed. See more stories on Insider's business page. Facebook overpaid the Federal Trade Commission by nearly $5 bi...
Tags: Facebook, Mark Zuckerberg, Lawsuit, News, Privacy, Law, Congress, Washington, Trends, Data Breach, Rhode Island, Federal Trade Commission, Ftc, Zuckerberg, Alexandra Ma, Andrew Harnik


Tesla drivers looked at the road less when using Autopilot in an MIT study - but they weren't necessarily distracted, researchers say

Tesla CEO Elon Musk. Yasin Ozturk/Anadolu Agency via Getty Images Tesla drivers looked at the road less often when using Autopilot in an MIT study. Drivers using Autopilot looked elsewhere for longer, including at their phones, the study found. But the researchers said the findings didn't necessarily mean the drivers were distracted. See more stories on Insider's business page. A new eye-tracking study of Tesla drivers found that they looked at the road less often when their vehicl...
Tags: Boston, Trends, Tesla, Mit, Federal Trade Commission, Autopilot, National Highway Traffic Safety Administration, Massachusetts Institute of Technology MIT, Teslas, Electrek, Getty Images Tesla, Grace Dean, Tesla CEO Elon Musk Yasin Ozturk Anadolu Agency


Senate to Advance Biden’s CFPB Pick After Months of Delays

Eight months after President Joe Biden tapped Rohit Chopra to lead the Consumer Financial Protection Bureau (CFPB), Sen. Majority Leader Chuck Schumer said he is ready to bring the nomination to the Senate floor for a vote. The Senate Cloakroom said the Senate would proceed to a vote late Tuesday afternoon on the motion to discharge Chopra’s nomination from the Senate Banking Committee. “This is the right man to lead this agency after it languished under the presidency of Donald Trump,” Sc...
Tags: Obama, Obama Administration, Finance, Senate, Joe Biden, Pennsylvania, Treasury, Biden, Donald Trump, Federal Trade Commission, Ftc, Gordon, Chopra, Schumer, CFPB, Chuck Schumer


Senate Democrats Call on FTC To Fix Data Privacy 'Crisis'

Senate Democrats are calling on the Federal Trade Commission to write new rules to protect consumer data privacy in a new letter to the agency authored on Monday. From a report: The letter, led by Sen. Richard Blumenthal (D-CT) and signed by eight other Democratic senators, was sent to FTC Chair Lina Khan Monday, calling on the agency to "begin a rulemaking process" on privacy. Specifically, the senators are requesting that the FTC pen new rules addressing privacy, civil rights, and the collecti...
Tags: Senate, Tech, Federal Trade Commission, Ftc, Sen Richard Blumenthal D CT, Lina Khan


FTC Releases Findings on How Big Tech Eats Little Tech

Federal Trade Commission chair Lina Khan signaled changes are on the way in how the agency scrutinizes acquisitions after revealing the results of a study of a decade's worth of Big Tech company deals that weren't reported to the agency. From a report: Tech's business ecosystem is built on giant companies buying up small startups, but the message from the antitrust agency this week could chill mergers and acquisitions in the sector. The FTC reviewed 616 transactions valued at $1 million or more ...
Tags: Microsoft, Tech, Khan, Federal Trade Commission, Ftc, Amazon Apple Facebook Google, Big Tech, Lina Khan


‘America’s Frontline Doctors’ Peddle Bogus COVID

How ‘America’s Frontline Doctors’ Sold Access to Bogus COVID-19 Treatments—and Left Patients in the Lurch How ‘America’s Frontline Doctors’ Sold Access to Bogus COVID-19 Treatments—and Left Patients in the Lurch Mike says he was struggling with COVID-19 when he felt his breathing getting worse. He did not want to go to the Veterans Affairs hospital near his home, where he believed doctors might put him on a ventilator. And he knew they would not prescribe the treatment he really wanted: a drug ...
Tags: Travel, New York, Texas, Instagram, Mississippi, Supreme Court, California, Cdc, Stanford, Senate, White House, America, Los Angeles, Gold, Georgia, Customers


Tech Giants Used 'Loopholes' To Duck Merger Reviews, FTC Says

An anonymous reader quotes a report from Bloomberg: Hundreds of deals by U.S. technology giants flew under the radar of merger watchdogs, fueling the companies' unchecked growth in the digital economy, according to a Federal Trade Commission study (PDF). The data on acquisitions by Apple, Amazon, Alphabet's Google, and Microsoft show that antitrust enforcers must be more aggressive in making sure companies aren't taking advantage of "loopholes" to avoid reporting deals to regulators, FTC Chair L...
Tags: Google, Facebook, Microsoft, Tech, Bloomberg, Khan, Federal Trade Commission, Giphy, Ftc, Bloomberg News, Lina Khan, Apple Amazon Alphabet


FTC Staff to Present Findings on Big Tech's Smaller Acquisitions

WASHINGTON (Reuters) - Staff of the Federal Trade Commission will present their findings on Wednesday on business deals that tech platforms like...
Tags: Washington, Federal Trade Commission, Ftc, Reuters


Congress Will Investigate Claims That Instagram Harms Teens

Two top lawmakers on the Senate Commerce Committee's panel over consumer protection said they were launching a probe into Facebook after The Wall Street Journal reported Tuesday that the company was aware of the harm Instagram can cause to teenage girls. The Verge reports: Sens. Richard Blumenthal (D-CT) and Marsha Blackburn (R-TN) announced their investigation into Facebook in a statement released Tuesday. The senators said that they were in touch with "a Facebook whistleblower" and would seek ...
Tags: Facebook, Instagram, Tech, House, Wall Street Journal, Journal, Federal Trade Commission, House Judiciary Committee, Senate Commerce Committee, Marsha Blackburn R TN, Sens Richard Blumenthal, Ken Buck R CO, Big Tobacco Facebook, Sen Ed Markey D MA Rep Kathy Castor D FL, Lori Trahan D MA