The Federal Trade Commission (FTC) and the Consumer Financial Protection Bureau (Bureau or CFPB) reported on their 2018 activities to combat illegal debt collection practices. The annual report to Congress on the administration of the Fair Debt Collection Practices Act (FDCPA) highlights both agencies’ efforts to stop unlawful debt collection practices, including robust law enforcement, […]
Category Archives: Federal Trade Commission
FTC Will Reschedule Roundtable with State Attorneys General
The Federal Trade Commission is rescheduling a Roundtable with the State Attorneys General, which originally had been planned for March 25 as part of the agency’s Hearings Initiative, due to logistical issues. A new date and further details for the session will be announced as soon as they become available. The Federal Trade Commission develops […]
FTC Hearings on Competition and Consumer Protection in the 21st Century Continue with Discussion of Competition and Consumer Protection in Broadband Markets
Federal Trade CommissionHeadquarters:600 Pennsylvania Avenue, NWWashington, DC 20580Contact Us Related posts: FTC Staff Provides Public Comment and Testimony in Tennessee Opposing Certificate of Public Advantage Application FTC Charges Payday Lender with Deceiving Employers in Scheme to Collect Debts Amended Free Credit Reports Rule Helps Consumers Avoid ‘Free’ Offers That Cost Money Federal Trade Commission Closes […]
FTC Releases 2018 Privacy and Data Security Update
The Federal Trade Commission, the nation’s primary privacy and data security enforcer, released its annual report highlighting its privacy and data security work for 2018. The FTC’s privacy and security enforcement actions in 2018 included shutting down revenge porn website MyEx.com, approving a settlement with peer-to-peer payment service Venmo over deceptive privacy settings, approving an […]
FTC to Hold July 2019 Workshop on Product Repair Restrictions, Seeks Research in Advance
Staff of the Federal Trade Commission will host a workshop on July 16, 2019 to examine ways in which manufacturers may limit third-party repairs and is seeking research focused on such limitations. Nixing the Fix: A Workshop on Repair Restrictions will focus on how manufacturers may limit repairs by consumers and repair shops and whether […]
FTC Submits Annual Budget Request, Performance Plan and Performance Report to Congress
The Federal Trade Commission has submitted to Congress its Fiscal Year 2020 budget request in support of the President’s FY 2020 budget for the federal government. The budget request also includes the FY 2020 Budget Overview Statement, Performance Plan for FY 2019 and FY 2020, and Performance Report for FY 2018, as required under the […]
FTC to Mail Refund Checks to Victims of Get-Rich-Quick Scheme
The FTC will be mailing refund checks totaling more than $644,000 to people who lost money to a get-rich-quick scheme that falsely claimed they could earn significant money working online by using products marketed as “secret codes.” The refunds stem from a settlement with the operators of the Mobile Money Code scheme, which also used […]
Four Defendants Agree to Settle FTC Allegations They Deceived Consumers with Business Coaching Scheme
Four defendants in a multi-million dollar business coaching scheme known as Digital Altitude, including the scheme’s former CEO, will pay $1.9 million to settle Federal Trade Commission allegations that they deceived consumers by claiming they could earn “six figures in 90 days.” In its complaint, the FTC alleged that the defendants behind Digital Altitude took […]
FTC Announces Agenda for the 11th Session of Its Hearings On Competition and Consumer Protection in the 21st Century
The Federal Trade Commission today announced the agenda for the 11th session of its Hearings Initiative, which will focus on the agency’s international work. The hearing, co-sponsored with the George Washington University Competition Law Center, will take place in Washington, D.C. on March 25-26, 2019 at the FTC’s headquarters building in room 432. FTC Chairman […]
Operators of Sweepstakes Scam Will Forfeit $30 Million to Settle FTC Charges
The operators of a sweepstakes scam that appeared to target seniors have agreed to forfeit a record $30 million in cash and assets and will be permanently banned from the prize promotion business under a settlement with the Federal Trade Commission. The settlement with the FTC and the State of Missouri requires the defendants to […]