Federal Trade Commission news and trends

FTC to Expand Telemarketing Sales Rule to Combat Tech Support Scams
News // November 27, 2024

The Federal Trade Commission (FTC) is a step closer to expanding its Telemarketing Sales Rule (TSR) to enable it to combat tech support scams. After announcing the proposal in April and receiving public comment on it, the regulator approved final amendments to its TSR and included...

FTC: Evolv Oversold Abilities of AI-Powered Weapon Detector
Regulation // November 26, 2024

The FTC has accused Evolv Technologies of overstating the capabilities of its in-school weapons-detection system. The Federal Trade Commission (FTC) said Tuesday (Nov. 26) that it wants to ban Evolv from making unfounded claims about its products’ ability to detect weapons by using artificial intelligence (AI). In addition, the regulator’s proposed...

Judge Sets Trial Date for FTC Antitrust Lawsuit Against Meta
Meta // November 25, 2024

A Federal Trade Commission (FTC) lawsuit that aims to unwind Meta’s acquisitions of Instagram and WhatsApp is set to go to trial on April 14. Judge James Boasburg announced the trial date Monday (Nov. 25), Reuters reported. The FTC sued Meta in 2020, alleging that Meta, which was then known...

FTC Refunds $1.9 Million to Victims of Credit Bureau Center Scam
News // November 21, 2024

The FTC is refunding $1.9 million to victims of a “free” credit report scam. The refunds stem from a 2017 lawsuit by the Federal Trade Commission (FTC) against a company known as Credit Bureau Center, the regulator said Thursday (Nov. 21). According to the FTC,...

Interviews & Exclusives
FTC Suit vs FinTech ‘Dave’ Spotlights Conflict Over Fee Disclosures and Business Models

November 06, 2024
If the past few months have shown us anything it’s that the frictions between the regulators and the regulated — in this case, FinTechs — frequently are being played out in the courts. And in just the latest example, the Federal Trade Commission’s lawsuit against digital banking platform Dave spotlights some of the key areas […]

Rising Fraud Casts Shadow Over Voice Commerce Potential

March 29, 2024
The proliferation of voice-activated technology, from virtual shopping assistants to speech recognition in smartphones and smart homes, is reshaping how consumers interact with devices. Advancements in this field are continually expanding the possibilities...

Facial Recognition Debate Gathers Steam Despite Popularity Among Gen Z Consumers

October 06, 2023
As the use of facial recognition software continues to expand around the world, concerns about privacy and human rights violations have reignited the debate surrounding this technology. On Friday (Oct....

Using AI And Biometrics To Digitize Estate Planning

May 14, 2020
The COVID-19 pandemic has triggered an uptick in digital fraud and identity theft, with 18,235 pandemic-related fraud reports received by the Federal Trade Commission (FTC) since the beginning of the...

Quick Reads
FTC Orders GOAT to Pay $2 Million, Alleging Shipping Violations

December 02, 2024
The Federal Trade Commission (FTC) has ordered online sneaker and apparel retailer GOAT to pay over $2 million to consumers, alleging that the company violated the agency’s rules around shipping practices. In its complaint, the FTC alleges that GOAT did not give buyers the option of cancelling an order in cases in which the goods […]

FTC to Expand Telemarketing Sales Rule to Combat Tech Support Scams

November 27, 2024
The Federal Trade Commission (FTC) is a step closer to expanding its Telemarketing Sales Rule (TSR) to enable it to combat tech support scams. After announcing the proposal in April and...

FTC: Evolv Oversold Abilities of AI-Powered Weapon Detector

November 26, 2024
The FTC has accused Evolv Technologies of overstating the capabilities of its in-school weapons-detection system. The Federal Trade Commission (FTC) said Tuesday (Nov. 26) that it wants to ban Evolv from making unfounded claims about its...

Judge Sets Trial Date for FTC Antitrust Lawsuit Against Meta

November 25, 2024
A Federal Trade Commission (FTC) lawsuit that aims to unwind Meta’s acquisitions of Instagram and WhatsApp is set to go to trial on April 14. Judge James Boasburg announced the trial date Monday (Nov....