Employing every available means to protect consumers from deceptive and misleading practices, the FTC recently announced the revitalized use of its statutory Penalty Offense Authority. More than 700 businesses – top consumer products companies, leading retailers and retail platforms, major ad agencies, and other names you know – are recipients of the latest Notice of Penalty Offenses aimed at curbing illegal practices in the use of endorsements and testimonials.
When the financial future of millions of Americans is at stake, it’s important for the FTC to use every tool at its disposal to protect consumers from deceptive and unfair conduct. The FTC just announced the revitalized use of an existing method to hold companies accountable by imposing financial penalties for illegal acts.
The FTC was created to act as a guardian of fair markets, armed with broad authority to ensure our economy is one in which consumers, workers, and honest businesses can thrive.
Chair Khan is committed to realizing that vision of an agency that takes on problems holistically, rather than from a consumer protection or competition lens alone. This means ensuring that the Commission’s two enforcement bureaus – the Bureau of Competition and the Bureau of Consumer Protection – are working hand-in-hand to root out marketplace abuses.
According to the CDC, more than 34 million Americans have diabetes. To put a human face on that public health statistic, 1 in 10 people at your company, friends in your neighborhood, and members of your extended family struggle with a disease that could threaten their lives. The uninsured, those with high-deductible health plans, and lower-income consumers face another challenge that makes managing diabetes even more difficult: the high cost of insulin.
The Nilsson song “Everybody’s Talking” has withstood the test of time and now could refer to the host of smart household products that communicate with consumers – and often with each other. But are companies protecting the security of consumer information they collect or maintain?
If your company is facing the fall-out from Hurricane Ida, flooding in Tennessee, western wildfires, or any other natural disaster, your employees are looking for help in the recovery process – and you’re looking to make a safe return to business. But as flood waters recede, dangerous predators can spring to the surface: scammers targeting people and small businesses trying to get back on their feet. Here are ways to avoid common post-disaster scams.
By installing an app called SpyFone onto the device of an unsuspecting person, a user could stealthily track their target’s email, photos, contacts, calendars, web history, and even location. Support King, LLC, and CEO Scott Zuckerman marketed SpyFone as a way to monitor the activities of children and employees, neglecting to take action to prevent stalkers and domestic abusers from using the illegal secret surveillance effectuated by the company’s products.
Have you or one of your employees received an alarming text message about unemployment insurance benefits from what seems to be your state workforce agency? You’re not alone. Identity thieves are targeting millions of people nationwide with scam phishing texts aimed at stealing personal information, unemployment benefits, or both.
Set a reminder now for Tuesday, July 27, 2021, to make sure you’re up on the latest research about privacy and data security. That’s the date of the FTC’s sixth annual PrivacyCon and you’re invited to participate virtually.
No one can top Waylon Jennings’ invitation to Luckenbach, Texas, where people can get “Back to the Basics of Love.” But we can offer the next best thing for business executives, advertising professionals, and attorneys: a virtual invitation to Dallas, Texas, on June 24, 2021, to get back to the basics of law.
We’ll leave it to the economists to crunch the employment numbers. We’re just happy to see more Help Wanted signs in the windows of Main Street retailers. That’s good news for Americans affected by pandemic-related layoffs. As companies are getting back to business and returning to an in-person workplace, the FTC has some tips for job seekers.
Call it a “blessing.” Call it a “loom.” In a case just filed in federal court, the FTC and the State of Arkansas use another phrase to describe what the operators of the Blessings in No Time investment program are up to. We call it a pyramid scheme.
It’s exciting to see so many “open” signs appearing in store windows across the country. But some companies making the transition to an in-person workplace may find themselves in a short-term cash flow crunch. Even before the pandemic, the FTC raised concerns about deceptive practices related to small business financing. With many companies working to regain their footing, the FTC has tips on protecting yourself when looking for financing.
As many companies shift to an in-person workplace, you and your employees face the opportunities and challenges of the new new normal. Today is the first in a five-part Back to Business blog series to help ease the transition back to the office, including steps you can take to reduce the risk that COVID scammers, data thieves, and financial fraudsters will follow you there. One consideration for companies: assuring you’re in control of sensitive information.
As the fast-talking talent scout said in a hundred Hollywood classics, “I’m gonna put you in the movies!” MoviePass promised to put consumers in the movies – or at least in movie theaters – with its $9.95 per month “one movie per day” subscription plan.
Even for people who work on the most arcane frontiers of technology, there is a line of questioning that leaves them scratching their heads wondering where to begin. It’s when a colleague, friend, or family member asks “OK, Mr. or Ms. Tech Guru. I read a scary article about online privacy. What should I do to protect myself?” or “I just bought this nifty smart device. How can I use it safely?” The FTC has a new resource to help you answer those questions.
People facing infertility have a lot to think about in exploring the options available to them. But one thing that shouldn’t be on that list are unapproved products that make questionable claims to “treat” infertility. That’s the warning the FTC and the FDA have sent to companies that have pitched products to consumers searching for answers to what can be a complex medical condition.
When it comes to consumer privacy and data security, your clients and colleagues want the word on what’s been happening at the FTC – and they want it in an accessible, to-the-point format. The agency’s 2020 Privacy and Data Security Update is ready for you to read, post, and share.
Building on decades of experience in consumer privacy and data security enforcement, the FTC announced a number of notable cases in 2020. Here are a few highlights: