Remolina paper on the role of financial regulators in the governance of algorithmic credit scoring

Nydia Remolina of Singapore Management University – Centre for AI & Data Governance has written The Role of Financial Regulators in the Governance of Algorithmic Credit Scoring. Here’s the abstract: The use of algorithmic credit scoring presents opportunities and challenges for lenders, regulators, and consumers. This paper provides an analysis of the perils of the […]

FTC report on e-cigarette sales and advertising, including effect on young people

A Federal Trade Commission report on e-cigarette products “paints a disturbing picture of surging e-cigarette sales and advertising that are likely to damage the health of America’s youth.” The FTC found that “flavored cartridges, nicotine concentration, and deep discounting surged between 2015 and 2018, likely fueling increased underage consumption.” The report, which is based on […]

Upcoming symposium: Consumer Protection in the Online Ecosystem

Loyola Consumer Law Review is holding a symposium titled: Consumer Protection in the Online Ecosystem *Friday, April 1, 2022, 9:00 a.m. – 2:30 p.m. (CT), Via Zoom Here is announcement: Please join Loyola University Chicago School of Law’s Consumer Law Review for its annual symposium on April 1, 2022. This year’s symposium will focus on […]

Some first thoughts about methodological problems with the Chamber of Commerce Arbitration Study

by Jeff Sovern The Chamber of Commerce has released a study about arbitration. I paste in immediately below the relevant portion of the press release, and then I identify some methodological issues with the study. A new study released today by the U.S. Chamber of Commerce Institute for Legal Reform found that consumers and employees […]

Register Now: Teaching Consumer Law in the New Normal- Keynote speaker, Richard Cordray

Presented by the Center for Consumer Law, University of Houston, and the Center for Consumer Law & Economic Justice, UC Berkeley Live in Santa Fe, New Mexico. May 20-21, 2022. Conference for Clinical Faculty, May 19th.* It may seem like forever since there has been an in-person conference…. but we are proud to present the […]

Arbitration and the myths of freedom of contract and free choice

by Jeff Sovern Earlier this week, the Senate Banking Committee held a hearing on consumer arbitration clauses. The consumer side was ably represented by Paul Bland, Myriam Gilles, and Remington Gregg. I want to say something about the arguments put forth at the hearing by Senator Toomey and Professor Todd Zywicki. Professor Toomey argued that […]

Amy Schmitz asks: Will the United States Remain Exceptional in Enforcing Predispute Arbitration Clauses in Consumer Contexts?

Amy J. Schmitz of Ohio State has written Will the United States Remain Exceptional in Enforcing Predispute Arbitration Clauses in Consumer Contexts? MARC. Revista de Medios Alternativos de Resolución de Conflictos, no 2, 34-39 (August 2021) at Venezuelan American Chamber of Commerce and Industry. Here’s the abstract: American exceptionalism” has been used to reference the […]