FTC-PR-240206-1 (Feb. 6, 2024) FTC Submits Comment on March-In Rights to Promote Efforts to Lower Drug Prices – Comment submitted to NIST supports the use of march-in rights as a check on inflated pharmaceutical prices Today the Federal Trade Commission issued a comment (PDF) in response to the National Institute of Standards and Technology’s (NIST) request […]
Category: FTC
Federal Trade Commission (FTC) (Contact) (Privacy) (Report Fraud) (Press Releases) (Consumer Alerts) (Federal Register)
The FTC is a federal agency in the United States tasked with promoting consumer protection and preventing anticompetitive business practices. Established in 1914, this agency enforces a variety of laws aimed at ensuring fair competition and protecting consumers from deceptive or unfair business practices. It investigates allegations of fraud, false advertising, and violations of consumer rights, working to maintain a competitive marketplace where businesses operate ethically and consumers are informed and protected. The Federal Trade Commission also provides guidance on consumer protection issues, conducts research into industry practices, and educates the public about their rights under federal law. Through its enforcement actions and policy initiatives, the FTC plays a crucial role in safeguarding consumer interests and promoting economic competition across industries.
FTC-PR-240201-1 (Feb. 1, 2024) FTC Order Will Require Blackbaud to Delete Unnecessary Data, Boost Safeguards to Settle Charges its Lax Security Practices Led to Data Breach – FTC says company’s poor security allowed hacker to steal sensitive data of millions of consumers, go undetected for months South Carolina-based Blackbaud Inc. will be required to delete […]
FTC-PR-240131-2 (Jan. 31, 2024) Statement Regarding the Termination of Amazon’s Proposed Acquisition of iRobot In response to the announcement that Amazon and iRobot have terminated their $1.4 billion merger agreement, Federal Trade Commission Associate Director for Merger Analysis Nathan Soderstrom issued the following statement: “We are pleased that Amazon and iRobot have abandoned their proposed […]
FTC-PR-240131-1 (Jan. 31, 2024) Court Finalizes Injunction and Monetary Judgment against Illegal Telemarketing Operation and its Owners – Defendants ordered to pay $28.7 million and are banned from telemarketing after court found they bombarded millions of job seekers with illegal calls A federal district court has entered final orders against a telemarketing company and its […]
FTC-PR-240130-1 (Jan. 30, 2024) Project Point of No Entry Keeps FTC’s Focus on Gateway Voice Service Providers to Stop Illegal Robocalls from Entering the United States – FTC and FCC warn VoIP service providers that they must be better gatekeepers of the U.S. telephone network Continuing its rigorous enforcement of the nation’s telemarketing and robocall […]
FTC-PR-240129-2 (Jan. 29, 2024) FTC Extends Deadline by 60 days for Commission Decision on ESRB Application for New Consent Mechanism Under COPPA The Federal Trade Commission has extended by 60 days the deadline for it to determine whether to approve an application from the Entertainment Software Rating Board (ESRB) and others for a new mechanism […]
FTC-PR-240129-1 (Jan. 29, 2024) FTC Announces Rule Changes Designed to Increase Oversight Effectiveness Over Horseracing Safety and Integrity Authority – Proposed expansion of oversight rule adds transparency and clear guidelines for Authority; updates to budget provisions streamline oversight process The Federal Trade Commission has proposed a number of changes and additions to the rules governing […]
FTC-PR-240126-1 (Jan. 26, 2024) FTC and DOJ Update Guidance That Reinforces Parties’ Preservation Obligations for Collaboration Tools and Ephemeral Messaging The Federal Trade Commission and Justice Department today announced that both agencies are updating language in their standard preservation letters and specifications for all second requests, voluntary access letters, and compulsory legal process, including grand […]
FTC-PR-240126-2 (Jan. 26, 2024) FTC Action Leads to $2 Million Penalty Against Kubota for False Made in USA Claims – Penalty is largest ever in Made In USA case Tractor maker Kubota North America Corporation will pay a $2 million civil penalty as a result of a Federal Trade Commission action against the company for […]
FTC-PR-240125-3 (Jan. 25, 2024) FTC Sends Warning Letters to Funeral Homes After First Undercover Phone Sweep – Staff found that some funeral homes provided inconsistent pricing information, while others failed to provide pricing entirely The Federal Trade Commission is sending warning letters to 39 funeral homes across the country after investigators conducted the agency’s first […]