Page 10 - Ftc Act News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Wednesday, April 28, 2021 The FTC recently provided guidance to companies on how to use artificial intelligence with an aim for “truth, fairness and equity.” The FTC reminded companies of three laws it enforces which have lessons for those in the AI space: Section 5 of the FTC Act (which would prohibit unfair algorithms, for example); the Fair Credit Reporting Act (which would prohibit algorithms that might deny housing, as an example); and the Equal Credit Opportunity Act (which would prohibit algorithms that might result in credit discrimination on the basis of race, as an e...

The Supreme Court, in a unanimous opinion authored by Justice Breyer, overruled the 9th Circuit and held that Section 13(b) of the FTC act does not authorize the Commission to seek, or a court to award, equitable monetary relief such as restitution or disgorgement.

Legal Disclaimer You are responsible for reading, understanding and agreeing to the National Law Review's (NLR’s) and the National Law Forum LLC's  Terms of Use and Privacy Policy before using the National Law Review website. The National Law Review is a free to use, no-log in database of legal and business articles. The content and links on www.NatLawReview.com are intended for general information purposes only. Any legal analysis, legislative updates or other content and links should not be construed as legal or professional advice or a substitute for such advice. No attorney-client or...

What is that timing? >> senator, we are kicking off the research. our goal is to focus on providing ideas for preventing interference in 2018 and beyond and folding us accountable for making sure the measures we put in place are successful. i hope we will see the first results later this year. >> thank you, mr. chairman. >> senator udall. senator moran is up next. i will say again that after a couple more questioners, we will probably give the witness another short break. >> thank you. >> we are getting about two-thirds through the list of members here to ask questions. >> mr. zuckerberg, than...