Search Results for keywords:"unfair or deceptive acts"

Found 3 results

Search Results: keywords:"unfair or deceptive acts"

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  • 2024-28716 — IntelliVision Technologies Corp.; Analysis of Proposed Consent Order To Aid Public Comment
    Type:Notice
    Citation:89 FR 96984
    Reading Time:about 10 minutes

    The Federal Trade Commission (FTC) has issued a proposed consent order regarding IntelliVision Technologies Corp., which will settle allegations of misleading claims made about their facial recognition software. The FTC accused IntelliVision of falsely claiming high accuracy rates and unbiased performance across genders and races, as well as their software’s robustness against spoofing attempts. This Proposed Order includes measures to prevent similar misleading claims in the future and will remain open for public comment until January 6, 2025. Furthermore, the company is required to ensure their claims are supported by competent and reliable testing, and they must comply with specific accuracy and reporting requirements outlined by the FTC.

    Simple Explanation

    The FTC told a company called IntelliVision that they couldn't say their face-detecting software was super great and fair for everyone unless they really tested it to be sure. The FTC wants people to share what they think about this decision until early January 2025.

  • 2021-00483 — Adjustments to Civil Penalty Amounts
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    Type:Rule
    Citation:86 FR 2539
    Reading Time:about 8 minutes

    The Federal Trade Commission (FTC) has announced new adjustments to civil penalty amounts within its jurisdiction to account for inflation as mandated by the Federal Civil Penalties Inflation Adjustment Act of 2015. These changes, effective from January 13, 2021, affect various penalty amounts, including those related to premerger filing notifications, unfair or deceptive acts, and labeling violations. The adjustments are based on a cost-of-living adjustment formula that compares the Consumer Price Index from two preceding Octobers. This ensures penalties are updated annually to maintain their deterrent effect and to reflect economic changes.

    Simple Explanation

    The FTC is changing the money people have to pay when they break certain rules, like lying in ads or not following label instructions, so that the penalties stay fair and effective as prices go up over time.

  • 2021-02705 — Amazon Flex; Analysis of Proposed Consent Order To Aid Public Comment
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    Type:Notice
    Citation:86 FR 8910
    Reading Time:about 16 minutes

    The Federal Trade Commission (FTC) has proposed a consent agreement with Amazon regarding allegations of misappropriated driver tips through its Amazon Flex program. Between late 2016 and August 2019, Amazon allegedly withheld nearly a third of tips that customers intended for drivers, amounting to approximately $61 million, despite claiming to pass 100% of tips to drivers. The agreement requires Amazon to pay back the full amount withheld and prohibits the company from changing its tipping practices without driver consent. The proposal is open for public comments until March 12, 2021, before final approval by the FTC.

    Simple Explanation

    Amazon was told by the FTC that they took money from driver tips that was supposed to go to the drivers, and now Amazon has to give all the tip money back and promise to not do it again.