On May 14 – 15 at George Mason’s Antonin Scalia Law School’s Institute for Consumer Financial Choice. More information here. Here’s some of what appears there: The Future of Consumer Financial Protection: A Two-Day FTC/ICFC Colloquium on the 5th Anniversary of the Consumer Financial Protection Bureau’s Taskforce on Federal Consumer Financial Law The first afternoon’s registration begins at 11:45 and a […]
It’s been a few months since I last published about the abusive copyright enforcement campaign operated by Prepared Food Photos, which has been shaking down small business that have used its stock photos of food, rightly or wrongly, for damages settlements many times the market value of its copyrighted images. (Other discussions are here, here […]
Story here. It was in Canada. I suppose it was inevitable given how many others have relied on AI-hallucinated citations without checking. I suspect it has happened in the US as well, though perhaps without anyone knowing. Of course, if arbitrators don’t write opinions but merely ask AI questions and don’t verify the cites, no […]
Here are the speakers scheduled to appear at the moment: Adelina Acuña (UC Berkeley) Craig Cowie (University of Montana) Prentiss Cox (University of Minnesota Law School) Lesley Fair (George Washington University) Jeff Gentes (Yale Law School) Ryan Marquez (University of Houston Law Center) Ted Mermin (UC Berkeley) Andy Milz (Temple University Beasley School of Law) Robert Murphy (University of Virginia School of Law) James […]
Text available here. It’s believed to be the first law banning surveillance pricing in the country (New York has a law requiring that any use of algorithmic pricing be disclosed). The law is limited to larger grocery stores and delivery services. It follows a December story by Consumer Reports that Instacart was using surveillance pricing […]
At Ballard Spahr’s Consumer Finance Monitor podcast. Levine, the former director of the FTC’s Consumer Protection Bureau, is now the Commissioner of the New York City Department of Consumer and Worker Protection, where he is likely to serve as a model for other state and local regulators. .
In 2020, Congress passed the No Surprises Act to protect medical consumers from surprise bills when they received emergency treatment, only to later discover the doctor did not accept their insurance. The Act established a process by which, rather than bill patients directly, out-of-network doctors and insurers would engage in mandatory arbitration. Today, the NY […]
Here. New § 1002.6 provides in part: ECOA “does not provide that the ‘effects test’ applies for determining whether there is discrimination in violation of the Act.” The regulation also purports to define discouragement and covers special purpose credit programs. I wonder how long before a court challenge is filed.
Tamar Kricheli-Katz of Tel Aviv University and Florencia Marotta-Wurgler of NYU have written The Distributional Costs of Effective Consumer Regulation. Here’s the abstract: Disclosure is a cornerstone of consumer protection regulation, yet little is known about its differential effects across consumers. We study how disclosure format influences decision-making across the income distribution, drawing on insights from […]