Search Results for agency_names:"Federal Trade Commission"

The Federal Trade Commission (FTC) is asking the Office of Management and Budget (OMB) to extend for three years the current clearance under the Paperwork Reduction Act for information collection related to the Pay-Per-Call Rule. This rule helps prevent unfair acts in pay-per-call services. The FTC is seeking public comments by February 20, 2025, on these information collection requirements. They clarify that previous comments incorrectly viewed the request as proposing new rules, rather than continuing existing requirements.

The Federal Trade Commission (FTC) is requesting public feedback on its plan to extend for three more years the approval for collecting information under the Textile Fiber Products Identification Act, which helps prevent false advertising of textile products. The FTC highlights the importance of labels for consumer decisions and compliance, estimating that the textile industry spends over 37 million hours annually on maintaining records and labeling products. The cost, amounting to around $280 million annually, is mainly due to labor. Public comments are invited to ensure the continuation and improvement of these processes, with a deadline for submission on April 26, 2021.

The Federal Trade Commission (FTC) has announced a proposed consent order with Mobilewalla Inc., a data broker accused of unlawfully collecting and selling consumers' sensitive location information without obtaining proper consent. The company allegedly violated multiple parts of the FTC Act by collecting and retaining precise location data and targeting consumers based on characteristics revealed by their location history, such as religion or medical conditions. The proposed order aims to restrict Mobilewalla's future data practices, mandating they verify consumer consent and avoid retaining sensitive data indefinitely. The public is invited to comment on this order until January 6, 2025, before the FTC makes a final decision.

The Federal Trade Commission has proposed a consent agreement with Chemence, Inc. to address allegations of deceptive practices related to their claims about products being "Made in USA." The FTC found that Chemence falsely advertised their glue products as primarily made in the United States, while much of the materials were sourced from abroad. The proposed order includes a $1.2 million judgment and guidelines for future advertising and compliance measures, including preventing Chemence from making false claims about product origins unless they accurately reflect manufacturing and material sources. This action is part of a shift towards stricter enforcement of "Made in USA" claims, aiming to protect consumers and honest competitors.

The Federal Trade Commission (FTC) is proposing to extend the approval for its information collection requirements under the Wool Products Labeling Act of 1939 for another three years. This act requires wool product labels to prevent misbranding and help consumers make informed purchases. The FTC is asking for public comments on the necessity and practicality of these requirements, and whether the burden of maintaining records and providing disclosures could be reduced. Comments must be submitted by April 9, 2021, and can be filed online or via mail.

The Federal Trade Commission (FTC) proposed a consent agreement with accessiBe Inc. and accessiBe Ltd., addressing alleged violations of unfair or deceptive practices. The agreement accuses accessiBe of falsely claiming their product, accessWidget, could make any website fully compliant with accessibility standards. Additionally, accessiBe did not disclose financial ties to publishers of third-party reviews, which misrepresented the product as unbiased and objective. The order mandates accessiBe to correct these practices, make transparent disclosures, and pay $1,000,000 in monetary relief to the FTC. Public comments on this agreement are invited until February 5, 2025.

The Federal Trade Commission (FTC) seeks public comments on its shared enforcement with the Consumer Financial Protection Bureau (CFPB) regarding consumer reporting agencies' responsibilities under a specific rule. This rule ensures consumers can request a free annual file disclosure from nationwide consumer reporting agencies. The FTC estimates that there will be about 21 million requests for these reports each year. The FTC is also asking for comments on the effectiveness and accuracy of these procedures and the potential ways to improve them. Comments must be submitted by April 14, 2025.

The Federal Trade Commission (FTC) is updating its civil penalties to adjust for inflation, as required by law. These changes increase the maximum fines for violations of various acts, such as the Clayton Act and the FTC Act, and will take effect on January 17, 2025. The adjustments follow a cost-of-living formula and apply to fines assessed after the effective date. These updates fulfill an annual requirement under the Federal Civil Penalties Inflation Adjustment Act of 2015.

The Federal Trade Commission (FTC) has updated the financial thresholds that determine when a person is prohibited from being a director or officer of two competing companies, which is governed by Section 8 of the Clayton Act. As of January 21, 2021, competing companies are covered by these rules if each has combined capital, surplus, and undivided profits over $10,000,000, unless the competitive sales of either company are less than $1,000,000. The new threshold amounts are $37,382,000 for one type of evaluation and $3,738,200 for another. These changes reflect adjustments that happen every year based on the gross national product.