Category Archives: Federal Trade Commission

Hoofnagle on the FTC’s Privacy Assessments

Chris Jay Hoofnagle of Berkeley has written Assessing the Federal Trade Commission's Privacy Assessments, 14(2) IEEE Security & Privacy 58–64 (Mar/Apr. 2016).  Here is the abstract: Consumer protection regulators worldwide share basic problems: the companies that regulators police are so powerful and rich that fines do not matter. Consider the French with their €150,000 fine […]

FTC Consent Decree Would Allow Dealers to Sell Certified Cars with Safety Defects

by Jeff Sovern Some auto dealers advertise and sell "certified" used cars. The word "certified" conveys that the car has gone through a process of inspection and that any problems have been remedied. At least, that's how I understand it.  Sometimes, however, these certified cars have been recalled for safety defects which have not been repaired. The FTC has reached […]

Josuhua Wright & John Yun on the FTC’s Unfairness Power and Digital Platforms

Former FTC Commissioner Joshua D. Wright, now of George Mason,  and John M. Yun of the FTC have written Stop Chug-a-Lug-a-Lugin 5 Miles an Hour on Your International Harvester: How Modern Economics Brings the FTC's Unfairness Analysis Up to Speed with Digital Platforms, 6 George Washington Law Review,  2130 (2015). Here is the abstract: In this […]

“FTC to Clarify Its Powers to Police Unfair Competition”

The Wall Street Journal reports: The Federal Trade Commission in its 100-year history has never agreed on formal principles for policing companies engaged in “unfair” competition. That looks set to change. Members of the FTC are close to a bipartisan agreement to lay out for the first time how the commission views its authority to […]

FTC acts against scheme to access seniors’ bank accounts

The Federal Trade Commission announced: Medicare Card Scheme Took Money from Seniors’ Bank Accounts A group of scammers who falsely promised consumers new Medicare cards in order to obtain their bank account numbers and debit their accounts will be banned from selling healthcare-related products and services under settlements with the Federal Trade Commission. The settlements […]

Dennis Hirsch Paper on Big Data and the FTC’s Unfairness Authority

Dennis D. Hirsch of Capital has written That's Unfair! Or Is It? Big Data, Discrimination and the FTC's Unfairness Authority, 103 Kentucky Law Journal (2015). Here is the abstract: Big data and data analytics (“big data”) can produce many social and economic benefits.  But they can also generate privacy injuries and harmful discrimination.  The governance of […]

Are Proposals for More Cost-Benefit Analysis a Stealth Attack on Dodd-Frank?

by Jeff Sovern The American Banker had an article this week, Could the Fight Over Cost-Benefit Analysis Kill Reg Relief? that made some interesting points.  After noting that Senate Banking Committee Chair Richard Shelby advocates more cost-benefit analysis, the author, Victoria Finkle, wrote: "The idea of rigorous cost-benefit analysis is like motherhood and apple pie […]

ABA Consumer Protection Conference Focuses on Big Data, Internet of Things and Ad Substantiation Standards

By Dee Pridgen The ABA Consumer Protection Conference held February 12 on the campus of the George Washington University in Washington, D.C., focused on the work of the Federal Trade Commission (FTC), as well as the work of advertising self-regulatory bodies, especially in the areas of big data and the “Internet of Things.”  FTC Chair […]

FTC Announces Top Consumer Complaints for 2013; ID Theft Still Leads the List

Here.  The top 10 complaint categories include: Category Number of Complaints Percentages Identity Theft 290,056 14% Debt Collection 204,644 10% Banks and Lenders 152,707 7% Imposter Scams 121,720 6% Telephone and Mobile Services 116,261 6% Prizes, Sweepstakes, and Lotteries 89,944 4% Auto Related Complaints 82,701 4% Shop-at-Home and Catalog Sales 66,024 3% Television and Electronic […]