Tag: FTC
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FTC moves to take the ‘frustration’ out of canceling subscriptions for consumers
The Federal Trade Commission is announcing a finalized rule to make it easier for people to cancel subscriptions and memberships they just don’t want anymore. It’s called click to cancel. FTC Commissioner Lina Khan said in an interview Tuesday that the rule is designed so that if consumers signed up online, they must also be…
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Justice Department, FTC warn consumers of fraud, price gouging risks ahead of Hurricane Milton
As Hurricane Milton approached landfall in western Florida on Wednesday, the Biden administration warned consumers and businesses of the heightened risk of potential fraud, price gouging and collusion that accompanies major natural disasters. “Wrongdoers are looking to exploit opportunities and victims of natural disasters for their own personal gain,” U.S. Attorney Ronald C. Gathe Jr. for the…
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Promises of ‘passive income’ on Amazon led to death threats for negative online review, FTC says
Jamaal Sanford received a disturbing email in May of last year. The message, whose sender claimed to be part of a “Russian shadow team,” contained Sanford’s home address, social security number and his daughter’s college. It came with a very specific threat. The sender said Sanford, who lives in Springfield, Missouri, would only only be…
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FTC announces crackdown on ‘deceptive AI’ businesses
The Federal Trade Commission is taking action against companies it says have used artificial intelligence to deceive the public. The agency on Wednesday described five actions it had taken against companies it said were involved in various types of “deceptive or unfair conduct that harms consumers.” The alleged schemes included promoting an AI tool that…