Category: UNCATEGORIZED

FTC-PR-240130-1

FTC-PR-240130-1


Date Released: FTC-PR-240130-1

January 30, 2024

Headline:

FTC-PR-240130-1 – 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

Excerpt:

Continuing its rigorous enforcement of the nation’s telemarketing and robocall laws, the Federal Trade Commission over the past year expanded its efforts to stop illegal calls originating overseas from entering the United States, working in coordination with its sister agency, the Federal Communications Commission (FCC).

Explore Data with the FTC: Find out about Do Not Call complaints and registrationsTo stop these illegal overseas calls, the FTC announced in April 2023 that it had implemented Project Point of No Entry (PoNE), targeting “point of entry” or “gateway” Voice over Internet Protocol (VoIP) service providers and warning they must work to keep illegal robocalls out of the country. The project’s work has continued over the past year and continues to demonstrate its effectiveness by targeting more than two dozen service providers that were involved in millions of illegal robocall campaigns.

“Illegal robocalls are a scourge that waste Americans’ time and defraud them of money. VoIP providers knowingly enable these scammers, allowing robocalls to proliferate on a massive scale,” said FTC Chair Lina M. Khan. “The FTC will continue to crack down on upstream actors that facilitate fraud, and we’ll keep working with the FCC to protect Americans in the fight against illegal telemarketing.”

“Coordination among federal partners is key when cutting off the scourge of illegal robocalls from abroad,” said FCC Chairwoman Jessica Rosenworcel. “These results of our recent actions are clear: together we are stronger in our efforts to protect American consumers from fraudulent and harassing international robocallers.”

Source URL ⊗:

https://www.ftc.gov/news-events/news/press-releases/2024/01/project-point-no-entry-keeps-ftcs-focus-gateway-voice-service-providers-stop-illegal-robocalls

[Date Accessed: 3/5/2024]

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CFTC-PR-8855-24

CFTC-PR-8855-24


CFTC’s Energy and Environmental Markets Advisory Committee to Meet Feb. 13, 2024


CFTC News Release - CFTC-PR-8855-24

CFTC-PR-8855-24

Date: Jan. 30, 2024

Date Accessed: Aug. 1, 2024

Source URL: https://www.cftc.gov/PressRoom/PressReleases/8855-24

Categories:

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CFTC-PR-8855-24

FTC-PR-240129-2

FTC-PR-240129-2


Date Released: FTC-PR-240129-2

January 29, 2024

Headline:

FTC-PR-240129-2 – FTC Extends Deadline by 60 days for Commission Decision on ESRB Application for New Consent Mechanism Under COPPA

Excerpt:

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 for obtaining parental consent under the Children’s Online Privacy Protection Rule. The new deadline is March 29, 2024.

The ESRB along with two companies, Yoti and SuperAwesome, submitted the application in June 2023 for approval for the use of “Privacy-Protective Facial Age Estimation” technology, which analyzes the geometry of a user’s face to confirm that they are an adult. ESRB currently operates a COPPA safe harbor program.

As required by the COPPA Rule, the FTC in July sought comment on the application. After receiving more than 350 comments, the Commission in September issued its first extension of the deadline until January 29.

The Commission voted 3-0 to extend the deadline to determine whether to approve the ESRB application until March 29.

Source URL ⊗:

https://www.ftc.gov/news-events/news/press-releases/2024/01/ftc-extends-deadline-60-days-commission-decision-esrb-application-new-consent-mechanism-under-coppa

[Date Accessed: 3/5/2024]

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FTC-PR-240129-1

FTC-PR-240129-1


Date Released: FTC-PR-240129-1

January 29, 2024

Headline:

FTC-PR-240129-1 – 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

Excerpt:

The Federal Trade Commission has proposed a number of changes and additions to the rules governing its oversight of the Horseracing Safety and Integrity Authority. The changes and additions are designed to provide increased transparency over the Authority’s operations, establish clear guidelines about conflicts of interest, and ensure the Authority is following best practices for prudent financial and operational management.

In a notice of proposed rulemaking, the FTC lays out a number of proposed changes to the Commission rules addressing the FTC’s oversight of the Authority, including:

  • Updated reporting requirements: The revised rule would require the Authority to submit annual financial and performance reports to the Commission, including full, audited financial statements, as well as mid-year reports on spending levels and any corrective actions. The revised rule would also require the Authority to submit a multi-year strategic plan to the FTC. Annual reports and the strategic plan would also be published on the Authority’s website.
  • Risk management requirements: The revised rule would require the Authority to take steps to prevent conflicts of interest, waste, fraud, embezzlement, and abuse, as well as ensure data security and privacy in its systems and those of its third-party contractors.
  • Other best practices: The revised rule would recommend a number of organizational best practices at the Authority, including regular monitoring interactions with the FTC, recordkeeping practices, compensation and personnel policies and practices, travel policies, and the development of a customer service process.

Source URL ⊗:

https://www.ftc.gov/news-events/news/press-releases/2024/01/ftc-announces-rule-changes-designed-increase-oversight-effectiveness-over-horseracing-safety

[Date Accessed: 3/5/2024]

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FTC-PR-240126-1

FTC-PR-240126-1


Date Released: FTC-PR-240126-1

January 26, 2024

Headline:

FTC-PR-240126-1 – FTC and DOJ Update Guidance That Reinforces Parties’ Preservation Obligations for Collaboration Tools and Ephemeral Messaging

Excerpt:

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 processes, including grand jury subpoenas, to address the increased use of collaboration tools and ephemeral messaging platforms in the modern workplace. These updates reinforce longstanding obligations requiring companies to preserve materials during the pendency of government investigations and litigation.

“Companies and individuals have a legal responsibility to preserve documents when involved in government investigations or litigation in order to promote efficient and effective enforcement that protects the American public. Today’s update reinforces that this preservation responsibility applies to new methods of collaboration and information-sharing tools, even including tools that allow for messages to disappear via ephemeral messaging capabilities,” said FTC Bureau of Competition Director Henry Liu.

“These updates to our legal process will ensure that neither opposing counsel nor their clients can feign ignorance when their clients or companies choose to conduct business through ephemeral messages,” said Manish Kumar, Deputy Assistant Attorney General of the Justice Department’s Antitrust Division. “The Antitrust Division and the Federal Trade Commission expect that opposing counsel will preserve and produce any and all responsive documents, including data from ephemeral messaging applications designed to hide evidence. Failure to produce such documents may result in obstruction of justice charges.”

Source URL ⊗:

https://www.ftc.gov/news-events/news/press-releases/2024/01/ftc-doj-update-guidance-reinforces-parties-preservation-obligations-collaboration-tools-ephemeral

[Date Accessed: 3/4/2024]

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FTC-PR-240126-2

FTC-PR-240126-2


Date Released: FTC-PR-240126-2

January 26, 2024

Headline:

FTC-PR-240126-2 – FTC Action Leads to $2 Million Penalty Against Kubota for False Made in USA Claims – Penalty is largest ever in Made In USA case

Excerpt:

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 falsely labeling some of its replacement parts as being “Made in USA.”

Under a stipulated court order filed by the Department of Justice on the FTC’s behalf and agreed to by the company, Kubota will be prohibited from making deceptive claims in addition to requiring them to pay the penalty, which is the largest ever in a Made in USA case.

“Today’s settlement includes the largest civil penalty assessed for violating the Made in USA Labeling Rule,” said Samuel Levine, Director of the Bureau of Consumer Protection. “The FTC will continue cracking down on deceptive Made in USA claims that cheat consumers and honest businesses.”

The complaint filed in the case charges that since at least 2021, Kubota has labeled thousands of replacement parts for its tractors and other agricultural equipment as Made In USA, even though they were made entirely overseas. In addition, after the company moved manufacturing for some parts to other countries, it failed to update the products’ labeling to reflect that change, leaving them labeled as “Made in USA,” according to the complaint.

Source URL ⊗:

https://www.ftc.gov/news-events/news/press-releases/2024/01/ftc-action-leads-2-million-penalty-against-kubota-false-made-usa-claims

[Date Accessed: 3/5/2024]

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FTC-PR-240125-3

FTC-PR-240125-3


Date Released: FTC-PR-240125-3

January 25, 2024

Headline:

FTC-PR-240125-3 – FTC Sends Warning Letters to Funeral Homes After First Undercover Phone Sweep

Excerpt:

The Federal Trade Commission is sending warning letters to 39 funeral homes across the country after investigators conducted the agency’s first undercover phone sweep and discovered several violations of the Funeral Rule, including funeral homes that failed to provide accurate pricing information or failed to give out price information entirely.

The Funeral Rule gives consumers important rights when making funeral arrangements, including requiring that funeral homes must “tell persons who ask by telephone about the funeral provider’s offerings or prices any accurate information from [their] price lists…. and any other readily available information that reasonably answers the question[s].”

Throughout 2023, investigators and other staff from the FTC’s East Central Region, Northwest Region, Southeast Region, Southwest Region, Midwest Region, Western Region – Los Angeles, Western Region – San Francisco offices and the Bureau of Consumer Protection’s Division of Marketing Practices placed undercover calls to more than 250 funeral homes from across the country to try to obtain price information. Staff determined that 39 funeral homes violated the Funeral Rule on these calls.

On 38 of the calls, funeral homes either refused to answer questions about pricing at all or provided inconsistent pricing for identical services.

On one of those calls, the funeral home also misrepresented that the local health code required remains to be embalmed if more than a certain number of people wanted to view the remains when it was not actually required by the local health code. Embalming is a process of preserving a body after death. Most states do not require a body to be embalmed, and the few states that require embalming only do so in limited circumstances, such as if refrigeration is not available.

On another call, the funeral home promised to send a General Price List, which is required to include important disclosures and itemized services but instead provided a list of package prices that did not meet the Funeral Rule requirements for a General Price List.

Source URL ⊗:

https://www.ftc.gov/news-events/news/press-releases/2024/01/ftc-sends-warning-letters-funeral-homes-after-first-undercover-phone-sweep

[Date Accessed: 3/4/2024]

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FTC-PR-240125-2

FTC-PR-240125-2


Date Released: FTC-PR-240125-2

January 25, 2024

Headline:

FTC-PR-240125-2 – FTC Sues to Block Novant Health’s Acquisition of Two Hospitals from Community Health Systems – Proposed acquisition would eliminate competition, increase healthcare costs in North Carolina’s Eastern Lake Norman Area

Excerpt:

The Federal Trade Commission today sued to block Novant Health, Inc.’s $320 million acquisition of two North Carolina hospitals from Community Health Systems, Inc. (“CHS”).

The Commission issued an administrative complaint and authorized a lawsuit in federal court to block the proposed acquisition, alleging that Novant Health’s proposed deal to acquire Lake Norman Regional Medical Center and Davis Regional Medical Center from CHS threatens to raise prices and reduce incentives to invest in quality and innovative care that would benefit patients.

“Hospital consolidations often lead to worse outcomes for nurses and doctors, result in higher prices, and can have life and death consequences for patients,” said Henry Liu, Director of the FTC’s Bureau of Competition. “There is overwhelming evidence that Novant’s deal with Community Health Systems will be detrimental to patients in the Eastern Lake Norman Area, including leading to higher out-of-pocket costs for critical health care services.”

Currently, Novant operates Huntersville Medical Center and serves more patients than any other hospital in the Eastern Lake Norman Area. Novant is one of the largest hospital systems in the southeastern United States including in North Carolina. It is also one of the most expensive hospital systems in North Carolina, according to the FTC’s administrative complaint.

Source URL ⊗:

https://www.ftc.gov/news-events/news/press-releases/2024/01/ftc-sues-block-novant-healths-acquisition-two-hospitals-community-health-systems

[Date Accessed: 3/4/2024]

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