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FTC and 18 States Sue to Stop Harris Jewelry from Cheating Military Families with Illegal Financing and Sales Tactics
Harris Jewelry
The Federal Trade Commission and a group of 18 states sued national jewelry retailer Harris Jewelry to stop the company from cheating military families with illegal financing and sales practices. According to the complaint, the jewelry company deceptively claimed that financing jewelry purchases through Harris would raise servicemembers’ credit scores, misrepresented that its protection plans were not optional or were required, and added the plans to purchases without consumers’ consent. The complaint also includes a charge that the jewelry company violated the Military Lending Act, the FTC’s first action under this Act.
In the Loupe: Advertising Diamond, Gemstones and Pearls
FTC Sends Warning Letters to Companies Regarding Diamond Ad Disclosures
16 CFR Part 23: Guides for the Jewelry, Precious Metals, and Pewter Industries: Adoption of Revised Guides
FTC Approves Final Revisions to Jewelry Guides
Small Business Computer Security Basics
Visant/Jostens/American Achievement, In the Matter of
The Commission approved an administrative complaint, alleging that a combined Jostens/American Achievement Corp. ("AAC") would control an unduly high percentage of the high school and college rings markets, making it a dominant firm with only one smaller meaningful competitor in both markets. The Commission charged that the proposed combination of Jostens and AAC would likely have been anticompetitive and led to higher prices and reduced service for both high school and college students who buy class rings. The FTC also voted to seek a preliminary injunction in federal court to stop Jostens from proceeding with the proposed acquisition of its close rival, AAC. On April 17, 2014, the parties abandoned their plans to merge.
Jewelry Guides Roundtable
FTC Seeks Public Input on Proposed Changes to Textile Labeling Rules; FTC Closes Investigations of 3 Football Helmet Manufacturers; FTC to Host Roundtable on Possible Changes to Jewelry Industry Marketing Guides
FTC Staff Revises Online Advertising Disclosure Guidelines
.com Disclosures: How to Make Effective Disclosures in Digital Advertising
New Rules on Electronic Payments Lower Costs for Retailers
Advertising Platinum Jewelry
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