Search Results for keywords:"Federal Trade Commission"

The Federal Trade Commission (FTC) is requesting public comments regarding their proposal to extend for three years the current Paperwork Reduction Act (PRA) clearance, which involves information collection related to the Duties of Consumer Reporting Agencies' rule. This effort is overseen in part with the Consumer Financial Protection Bureau (CFPB), and the collection requirement enables consumers to receive one free file disclosure per year from consumer reporting agencies. Public comments must be submitted by May 30, 2025.

The Federal Trade Commission (FTC) has announced a request for public comments regarding the renewal of Paperwork Reduction Act (PRA) clearance for information collection under the Alternative Fuels Rule. The current clearance is set to expire on April 30, 2025, and the FTC is seeking an extension for another three years. This rule involves labeling requirements for alternative fuels and vehicles to ensure consumers receive clear information for decision-making. Comments are due by May 27, 2025, and the FTC emphasizes that submissions should not include sensitive personal or financial information.

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 (FTC) is asking for public comments on its plan to extend the Paperwork Reduction Act clearance for three more years, which affects businesses that sell products by mail, internet, or phone. This extension involves the collection of information under the Mail, Internet, or Telephone Order Merchandise Rule (MITOR), specifically concerning shipment promises, notifying buyers of shipment delays, and issuing refunds. The FTC is gathering opinions on whether these requirements are necessary, the accuracy of their cost and time estimates, and how to lessen the burden on businesses. Comments can be submitted online or by mail before June 24, 2025.

The Federal Trade Commission (FTC) is asking for public comments about proposed information requests aimed at large Single-Family Rental (SFR) owner operators, known as mega investors, who own over 1,000 rental properties. These requests are intended to help the FTC study the impact of such large investors on housing competition, prices, and their influence on local markets. The FTC plans to gather data about these companies' business models, property holdings, and pricing strategies, with the goal of increasing market transparency and possibly informing future regulatory actions. Public comments will be considered before the FTC requests approval from the Office of Management and Budget to proceed with this data collection.

The Federal Trade Commission (FTC) is updating the thresholds related to interlocking directorates as required by a 1990 amendment to section 8 of the Clayton Act. This section generally prevents a person from serving as a director or officer for two competing companies if certain financial thresholds are met. For 2025, the new thresholds are $51,380,000 for larger companies and $5,138,000 for smaller ones, reflecting changes in the gross national product. These thresholds will apply immediately.

The Federal Trade Commission (FTC) has proposed a consent agreement with Flo Health, Inc., a company accused of sharing users' menstrual and fertility data without their consent, violating laws against deceptive business practices. Flo Health had promised users their information would remain private but allegedly shared it with third parties like Facebook and Google. The proposed order, open for public comment, requires Flo Health to improve its privacy practices, notify users of the data sharing, and obtain users' express consent before sharing personal health information again. Additionally, there's a debate among FTC commissioners about whether further enforcement actions, such as applying the Health Breach Notification Rule, should be taken against Flo Health.

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 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) is asking the Office of Management and Budget (OMB) to extend the current paperwork requirements for the Red Flags, Card Issuers, and Address Discrepancy Rules for another three years. These rules help prevent identity theft by requiring financial institutions and certain companies to have identity theft prevention programs and assess address changes. The current approval for these rules expires on January 31, 2025. Public comments are being accepted until February 6, 2025, and the FTC has received comments supporting more data protection.