From an interview of F. M. Scherer (Professor Emeritus in the John F. Kennedy School of Government at Harvard, and former chief economist at the Federal Trade Commission) at ProMarket: “Our Efforts to Deal With Tech Firms’ Market Dominance in...
PRIVACY: You may soon have the right to know when you’ve been hacked. Speaking at a panel hosted by the National Cyber Security Alliance, a public-private partnership for online security and privacy, the acting Federal Trade Commission Chairman Maureen Ohlhausen said legislation may soon be on the way. The FTC regulates businesses to protect consumers, […]
Accused of deceiving customers with so-called yo-yo tactics, a big Los Angeles-area car dealer has reached a settlement with the Federal Trade Commission. Sage Auto Group admitted no wrongdoing, but did agree to pay $3.6 million to customers who said they were victims of a scheme that preys on...
The Internet of Things (IoT) keeps growing, and as it grows, so too do its security issues. Yet the Federal Trade Commission, which deals with products like these, doesn’t seem to be that worried about it. Read more...
Democratic sources say they fear the Trump regime is seeking to stack federal commissions, ending decades of bipartisan inclusion. The roster includes the Federal Communications Commission, Federal Trade Commission, Commodity Futures Trading Commission, U.S. Show More Summary
Looks like the new Federal Trade Commission Chairwoman Maureen K. Ohlhausen might take an interest in the onerous and costly American Board of Medical Specialties' Maintenance of Certification (MOC) program:Testifying on behalf of the FTC before the Subcommittee on Antitrust, Competition Policy and Consumer Rights, Commissioner Maureen K. Show More Summary
Smart-television maker Vizio agreed to pay a penalty this month for spying on 11 million customers. According to the Federal Trade Commission, the company captured second-by-second information on what customers viewed, combined it with their gender, age and income, and sold it to third parties. How much was the fine for Vizio, which has sales in excess of […]
Federal Trade Commission v. Credit Bureau Center, LLC, 2017 WL 680344, No. 17 C 194 (N.D. Ill. Feb. 21, 2017) I think Eric Goldman will see a §230 issue here. The FTC sued CBC, Michael Brown, Danny Pierce, and Andrew Lloyd seeking aShow More Summary
The shares for Cabela’s Inc have been dropping and shareholders are becoming quite concerned. The purchase of Cabela’s by Bass Pro Shops for initially $5.5 billion has been halted due to the Federal Trade Commission (FTC). That figure of $5.5 billion has been adjusted to $4.5 billion now as well. Show More Summary
GUEST: Smart-television maker Vizio agreed to pay a penalty this month for spying on 11 million customers. According to the Federal Trade Commission, the company captured second-by-second information on what customers viewed, combined it with their gender, age, and income, and sold it to third parties. How much was the fine for Vizio, which has sales in excess of […]
Obituaries of residents from the District, Maryland and Northern Virginia. Claudia Bourne Farrell, 75, a spokeswoman for the Federal Trade Commission in the 1970s and again from 1994 to 2012, died Ja...
Vizio was the first television maker to get caught and punished with a $2.2 million fine by the Federal Trade Commission and the New Jersey Division of Consumer Affairs, for monitoring the viewing habits of its Smart TV set owners and selling the data to advertisers.
The electronics giant tracked customers' watching habits and sold that data for a profit, all without informing users, according to a recent investigation. The company was fined by the Federal Trade Commission, but the punishment seems paltry for the crime.
A new Federal Trade Commission study overstates the case for forced sales in mergers, the author contends.
The Federal Trade Commission (FTC), along with the New York State Attorney General's office, is angling to give a Wisconsin-based supplement company a legal battle it won't soon forget. Their case is in the name of protecting vulnerable, often elderly people from a product they say is fraudulently being sold as a memory booster. Show More Summary
Privacy and security experts are buzzing about this week’s decision by the Federal Trade Commission to fine Vizio $2.2 million because, regulators said, the Irvine-based company installed software on its “smart” TVs so it could secretly gather data about the viewing habits of millions of viewers....
Reports revealed in November 2015 that Vizio Smart TVs were collecting data about its customers without their knowledge, virtually spying on everything users watched on their TVs. The US Federal Trade Commission filed a complaint against Vizio on Monday that further explains the type and amount of data Vizio collected. Show More Summary
WASHINGTON (Reuters) - The U.S. Federal Trade Commission filed a complaint against Shire ViroPharma on Tuesday, accusing it of abusing government processes in order to fend off generic competition to its antibiotic Vancocin HCI, the agency said in a statement.
Vizio has agreed to pay $2.2 million to settle a lawsuit with the Federal Trade Commission after the television manufacturer was caught gathering customer data without permission for years. According to a complaint filed by the FTC and...Show More Summary
The U.S. Federal Trade Commission (FTC) today announced that smart TV maker Vizio has agreed to pay $2.2 million to settle a case involving the TVs’ data collection techniques. Vizio allegedly collected data on what people viewed on 11 million of its TVs and then shared the data with third parties without informing people about […]