“Fake reviews not only waste people’s time and money, but also pollute the marketplace and divert business away from honest competitors,” FTC Chair Lina Khan said about the rule in Augus ...
The FTC first took action in 2020 against Credit Karma, the credit-monitoring and finance app acquired in 2020 by financial software giant Intuit. The FTC accused the service of misleading ...
A new rule established by the United States Federal Trade Commission (FTC) aims to stop companies ... the final rule requires sellers to provide transparent information to consumers about what ...
They say the new FTC rule places too many burdens on businesses and is unnecessary. "We're not sure why some companies would consider it a burden to be transparent with potential customers about ...
Regulators say it should be as easy to cancel as it is to sign-up. We’ll discuss the specifics of the new FTC rule.
"Too often, businesses make people jump through endless hoops just to cancel a subscription," FTC Commission Chair Lina Khan said in a news release. "The FTC's rule will end these tricks and traps ...
The FTC will also require businesses to clearly disclose the terms of their subscriptions and get customer consent before charging them. The rule, which was first proposed last year, applies to ...
The FTC received an average of 21 complaints per day about this issue in 2021, the agency has written. The number was 70 per day by 2024. The Biden administration began working on this policy in ...