FTC-PR-241202-1 (12-02-24) FTC Issues Annual Report on Ethanol Market Concentration 2024 Excerpt: The Federal Trade Commission has issued its 2024 Report on Ethanol Market Concentration. The Energy Policy Act of 2005 directs the Commission to perform an annual review of market concentration in the ethanol production industry “to determine whether there is sufficient competition among industry […]
Category: FTC Press Releases
FTC Press Releases (CA) are a vital resource for consumers, businesses, and the media, providing important updates on the agency’s efforts to protect consumers and promote fair competition. By disseminating timely and relevant information, the FTC fosters transparency and accountability while empowering consumers to make informed decisions. Staying informed about these press releases is essential for understanding the evolving landscape of consumer protection and regulatory compliance.
FTC-PR-241127-1 (11-27-24) FTC Takes Aim at Top Fraud Driving Losses Among Older Americans – FTC expands Telemarketing Rule to cover technical support scams, which drove $175 million in losses among consumers 60 and older last year Excerpt: The Federal Trade Commission has approved final amendments to its Telemarketing Sales Rule (TSR) that will extend the rule’s coverage to […]
FTC-PR-241126-2 (11-26-24) Smart Products Surveyed Fail to Provide Consumers with Information on How Long Companies will Provide Software Updates – Software updates ensure products function properly, stay secure, according to FTC Staff Perspective Excerpt – A new paper from Federal Trade Commission staff finds that nearly 89% of products surveyed failed to disclose on their […]
FTC-PR-241126-1 (11-26-24) FTC Takes Action Against Evolv Technologies for Deceiving Users About its AI-Powered Security Screening Systems – Proposed settlement would prohibit misrepresentations and allow affected schools to opt out of current contracts for security screening systems Excerpt – The Federal Trade Commission is taking action against Evolv Technologies over allegations that the company made […]
FTC-PR-241121-1 (11-21-24) FTC Sends Refunds to Consumers Harmed by Credit Bureau Center’s Fake Rental Property Ads and Deceptive Promises of “Free” Credit Reports. Excerpt – The Federal Trade Commission is sending payments totaling nearly $1.9 million to consumers who were harmed by fake rental ads and deceptive promises of “free” credit reports from Credit Bureau […]
FTC-PR-241120-2 (11-20-24) FTC Staff Issues Report on Undercover Funeral Rule Phone Sweep – Report provides key findings about consumers’ ability to obtain price information from funeral providers by phone The staff of the Federal Trade Commission have issued a report detailing key findings from the agency’s first-ever undercover Funeral Rule phone sweep, which found several funeral providers failed to […]
FTC-PR-241120-1 (11-20-24) FTC Sends More Than $140,000 to Consumers Deceived by False Made in USA Claims by Chaucer Accessories and Bates Accessories The Federal Trade Commission is sending more than $140,000 to consumers who were deceived by false Made in USA claims from New England-based clothing companies Chaucer Accessories and Bates Accessories, along with Bates Retail […]
FTC-PR-241118-2 (11-18-24) FTC Announces Virtual Workshop on Predatory Pricing – December event will present real-world evidence of predatory pricing strategies and examine developments in predatory pricing caselaw and economic scholarship The Federal Trade Commission will host a virtual public workshop on December 18, 2024, that will examine predatory pricing and its potential effects on consumers, […]
FTC-PR-241118-1 (11-18-24) Federal Court Orders Harris Jewelry to Restore its Website and Claims Portal for Servicemembers to Request Refunds – With limited time to request refunds, the agency strongly encourages eligible consumers to file a claim as soon as possible A federal court has ordered Harris Jewelry to reopen its claims process and renotify consumers, […]
FTC-PR-241115-2 (11-15-24) Reports of Unwanted Telemarketing Calls Down More Than 50 Percent Since 2021 – FTC releases annual Do Not Call Registry Data Book showing total reports about unwanted calls decreased further in 2024 Today, the Federal Trade Commission released the National Do Not Call Registry Data Book for Fiscal Year 2024 (PDF 61-pages) which shows that […]