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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."
The McCarran–Ferguson Act, 15 U.S.C. §§ 1011-1015, is a United States federal law that exempts the business of insurance from most federal regulation, including federal antitrust laws to a limited extent.
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.
One of the caveats is that funeral homes must give customers a general price list, and customers have the right to choose which services they want. Funerals can be a major financial burden for ...
The FTC is calling the new regulation the Combating Auto Retail Scams Rule. Read more on this story at NBCNews.com and watch “NBC Nightly News with Lester Holt” tonight at 6:30 p.m. ET/5:30 p ...
Since Trump took office, the FTC under Ferguson has moved to block Tempur Sealy's proposed $4 billion acquisition of Mattress Firm, proposed a $4.9 million fine against a payment processing ...
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
The FTC could simply declare it unfair and regulate it." The chamber is targeting not these rules themselves but a new, more effective approach to regulation that the FTC unveiled in 2021, and of ...