The department alleges the company “has unlawfully amassed the power to extract fees.” The Department of Justice filed an antitrust suit against Visa for anti-competitive actions. The department…
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CFPB Warns Banks of Overdraft Fee Consent Requirements in New Guidance
Attempts to reign in “phantom opt-in” agreements in updated legal interpretation. The Consumer Financial Protection Bureau (CFPB) released a new guidance this month, cautioning banks not to charge…
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FTC Takes Action Against Unfair Franchisor Practices to Protect Small Business Owners
New policies and guidance address illegal contract clauses and undisclosed fees to ensure transparency and fairness in the franchise industry. The Federal Trade Commission (FTC) has initiated actions…
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