Page 2 - Ftc Act News Today

The Green Guides help marketers avoid making environmental marketing claims that are unfair or deceptive under Section 5 of the FTC Act. Digital advertisers should also know that the FTC has aggressively been issuing Notices of Penalty Offenses to seek civil penalties.

California residents are eligible for compensation if they made purchases from Boohoo-owned brands in the past seven years after fake sales claims.

According to FTC, Cycra routinely used components imported from Asia and Europe, and on at least two occasions, U.S. Customs and Border Patrol BP officers flagged Cycra shipments of finished products imported from Taiwan bearing MUSA labels. Cycra CEO fined $872,577 by FTC

FTC small business credit reporting industry. FTC ordered firms to provide detailed information about products and processes. Unlike individual credit reports governed by FCRA, no federal law outlines processes and protections for small businesses credit reporting

Section 5 of the Federal Trade Commission FTC Act prohibits unfair and deceptive acts and practices. Negative customer reviews cannot be suppressed; incentives for reviews must be disclosed; material connections between a reviewer and the reviewed product must be disclosed.

The White House Domestic Policy Council and National Economic Council published a Blueprint for a Renter Bill of Rights on behalf of the Biden Harris Administration. The Renter Bill of Rights is a nonbinding statement of principles, not an actual statement of government policy.

The FDIC recently announced a consent order with an Oregon regional bank for violations of Section 8 of RESPA, the FTC Act, and the FRCA, resulting in a civil monetary penalty totaling $425,000. This is the second such civil penalty on the same bank for similar RESPA violation.

FTC announced settlement with GoodRx Holdings, violations of Federal Trade Commission Act FTC Act and Health Breach Notification Rule HBNR for using advertising technologies on websites and mobile app resulted in unauthorized disclosure of consumer personal health information.

The FTC published proposed rules that would prohibit noncompete agreements between employers and workers. The proposed FTC rules do not mention banks, but the commission’s commentary on the proposed rules states that they do not apply to some entities such as certain banks.

The FTC's Green Guides provide direction and guidance to product marketers and manufacturers, helping them ensure environmental marketing claims comply with the FTC Act. The Green Guides provide a wide range of guidance on environmental marketing claims.