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The FTC Act does not give consumers the right to sue for violations of the act, but consumers may complain to the Commission about acts or practices they believe to be unfair or deceptive. [14] Consumers may, however, be authorized to sue under a state "UDAP" (unfair, deceptive and abusive practices) statute, sometimes called a "Little FTC Act."
When the rule finally arrives, the FTC said it should save car shoppers in the U.S. more than $3.4 billion each year, along with an estimated 72 million hours spent shopping for vehicles.
The FTC was established in 1914 by the Federal Trade Commission Act, which was passed in response to the 19th-century monopolistic trust crisis. Since its inception, the FTC has enforced the provisions of the Clayton Act , a key U.S. antitrust statute, as well as the provisions of the FTC Act, 15 U.S.C. § 41 et seq.
List of Federal Trade Commission members (1918–2023) [50] Chairs ... Start End Notes 1 Joseph E. Davies [52] Democratic: March 16, 1915 June 30, 1916 2
General Motors reached a settlement with the U.S. Federal Trade Commission that will prohibit it from selling information on its customers’ driving habits without their knowledge and explicit ...
The FTC (and DOJ) should return to the consumer welfare standard instead of persisting in the economic illiteracy and noncomprehensive jurisprudence promulgated by the 2023 guidelines.
Versions of the bill generally have been supported by independent repair and after-market associations and generally opposed by auto manufacturers and dealerships. It was first considered at the federal level in 2001, but no provisions were adopted until the Massachusetts legislature enacted Right to Repair bill H. 4362 on July 31, 2012.
While the FTC did not name any companies in its release, other of the biggest auto dealers include AutoNation, Penske, Lithia Motors, CarMax, Group 1 Automotive and Sonic Automotive. None had an ...