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In 1984, [10] [non-primary source needed] the FTC began to regulate the funeral home industry in order to protect consumers from deceptive practices. The FTC Funeral Rule requires funeral homes to provide all customers (and potential customers) with a General Price List (GPL), specifically outlining goods and services in the funeral industry, as defined by the FTC, and a listing of their prices.
The law requires the Federal Trade Commission (FTC) to enforce its provisions. Introduced by Republican Conrad Burns, the act passed both the House and Senate during the 108th United States Congress and was signed into law by President George W. Bush in December 2003 and was enacted on January 1, 2004. [1] [2]
The Federal Trade Commission (FTC) enforces federal antitrust and consumer protection laws by investigating complaints against individual companies initiated by consumers, businesses, congressional inquiries, or reports in the media. The commission seeks to ensure that the nation's markets function competitively by eliminating unfair or ...
Congress did not enact the FTC’s recommended legislation, and another decade would pass before the FTC again proposed legislation to regulate OBA. [11] FTC Commissioner Timothy Muris turned the FTC’s attention away from online privacy and OBA regulation in 2001, stating, “[t]he slowing of the growth of the Internet emphasizes the need to ...
The judge said that the FTC had been empowered to regulate such practices since 2010 when Congress granted the agency power to regulate price transparency and rules against deception.
The Federal Trade Commission is an independent regulatory agency responsible for protecting consumers and competition. [20] [21] In 1995, the FTC became involved with privacy regulation. At the beginning, the agency promoted self regulation as they encouraged companies to produce their own privacy policies that the FTC would help enforce.
The FTC reports that the percentage of imposter scams that start with a phone call has decreased from 67% in 2020 to 32% in 2023. Text messages and email are becoming a preferred method of first ...
The Fair and Accurate Credit Transactions Act of 2003 (FACT Act or FACTA, Pub. L. 108–159 (text)) is a U.S. federal law, passed by the United States Congress on November 22, 2003, [1] and signed by President George W. Bush on December 4, 2003, [2] as an amendment to the Fair Credit Reporting Act.