Ftc news and trends

FTC Orders GOAT to Pay $2 Million, Alleging Shipping Violations
Regulation // 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...

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...

Uber Cooperates With FTC Investigation of Subscription Cancellation Policies
Subscriptions // November 27, 2024

The Federal Trade Commission (FTC) reportedly is investigating consumer complaints that Uber Technologies signed them up for Uber One subscriptions without their consent and made it difficult for them to cancel those subscriptions. Uber said it has received inquiries from the FTC and is cooperating...

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...

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...

FlexPay CEO: Proposed ‘Click to Cancel’ Subscription Rule Could Harm Good Actors

April 07, 2023
Almost no one doubts that some subscription companies make it difficult for their customers to cancel. The Federal Trade Commission (FTC) is recommending a streamlined path toward subscription cancellations, and...

Regulatory Risks to Play Larger Role in New M&A Calculus

April 22, 2022
The Federal Trade Commission (FTC) and the Department of Justice (DOJ) are working on new horizontal merger guidelines, which may be ready by the end of the year, that could...

Quick Reads
FTC Alleges Data Brokers Sold Sensitive Location Data

December 03, 2024
The Federal Trade Commission (FTC) has announced actions taken against data brokers, alleging that the companies sold sensitive location data. In one action, the agency announced a proposed order that would prohibit Gravy Analytics and its subsidiary Venntel from selling, disclosing or using sensitive location data in any product or service, the FTC said in […]

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...

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...

Uber Cooperates With FTC Investigation of Subscription Cancellation Policies

November 27, 2024
The Federal Trade Commission (FTC) reportedly is investigating consumer complaints that Uber Technologies signed them up for Uber One subscriptions without their consent and made it difficult for them to...