Latest figures show consumers have lost $2.7 billion since 2021. The Federal Trade Commission (FTC) recently released data regarding scams on social media, which have caused the greatest…
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FTC Fines TransUnion for Illegal Rental Background Check and Reporting
One fine was for poor screening and another for lying to customers. The Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC) have issued two fines…
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White House Addresses Consumer Junk Fees
FTC and CFPB to implement actions to follow the president’s lead. President Joe Biden gave a speech from the White House Rose Garden this week, addressing the pervasive…
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FTC Joins Consumer Financial Protection Bureau in Credit Information Appeal
The case involves how disputed credit information should be handled under the Fair Credit Reporting Act. The Consumer Financial Protection Bureau (CFPB) was joined by the Federal Trade…
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FTC Extends Deadline for Facial Recognition Tech Review
The extension allows a comprehensive assessment of ESRB’s age estimation technology proposal. The Federal Trade Commission (FTC) has extended its commenting deadline by 120 days for considering an…
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FTC Files Complaint Against Amazon Business Practices
The commission has been drafting legal challenge alleging anticompetition since late 2022 The Federal Trade Commission (FTC) has been joined by 17 state attorneys general in filing a…
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DOJ Distributes $40 Million to Victims of Western Union Scams
The second round of distributions from the Western Union Remission Fund. The Department of Justice distributed $40 million to 25,000 victims of fraud perpetuated through and by the…
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FTC Imposes Fines TruthFinder and Instant Checkmate for Deceptive Practices
Background report providers to pay $5.8 million for misleading consumers and violating the Fair Credit Reporting Act. The Federal Trade Commission (FTC) has fined the background report companies…
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Senate Committee to Review Two Nominees for FTC
Chairwoman Cantwell to convene a full hearing on September 20. The Senate Committee on Commerce, Science, and Transportation will meet this week to consider President Joe Biden’s nominations…
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FTC and DOJ Host Merger Workshops
The first event promotes merger guidelines and the effects on competition. The Federal Trade Commission (FTC) and the Department of Justice’s Antitrust Division recently co-hosted the first of…
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