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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 indictment charged the defendants with two counts of antitrust violations: (1) conspiracy under Section 1 of the Sherman Act to fix the premium rates on certain fire insurance policies and boycott non-complying independent sales agencies that did not comply; and (2) monopolization of markets for the sale of fire insurance policies in the ...
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.
First impressions matter when selling a car. Start by deciding how you plan to sell your car. Options include a trade-in, private sale, dealership or car buying website. Then, gather necessary ...
The U.S. Federal Trade Commission's Lina Khan has slapped General Motors with a five-year ban prohibiting the carmaker from disclosing any personal data to consumer reporting agencies even if it ...
Life expectancy. Minimum payout as % of face value (minus outstanding loans) Less than 6 months. 80%. 6 months to less than 12 months. 70%. 12 months to less than 18 months
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 Red Flags Rule was created by the Federal Trade Commission (FTC), along with other government agencies such as the National Credit Union Administration (NCUA), to help prevent identity theft. The rule was passed in January 2008, and was to be in place by November 1, 2008, but due to push-backs by opposition, the FTC delayed enforcement ...