Finance

FTC Order Requires Old Southern Brass to Pay for False Claims of “Made in the USA” and Veteran Affiliations

The Federal Trade Commission is taking action against Florida-based EXOTOUSA LLC. (d/b/a Old Southern Brass) for falsely claiming that certain company products were manufactured...

FTC Announces Claims Process for Consumers Harmed by Credit Karma “Pre-Approved” Offers for Which They Were Denied

The Federal Trade Commission is launching a claims process for consumers harmed by Credit Karma’s practice of misrepresenting that consumers were “pre-approved” for credit...

FTC Sues 7-Eleven for Anticompetitive Acquisition in Violation of 2018 Consent Order

The Federal Trade Commission today sued 7-Eleven, Inc. alleging the convenience store chain violated a 2018 FTC consent order by acquiring a fuel outlet...

FTC to Hold Virtual Informal Hearing in January 2024 as Part of its Review of the Proposed “Click to Cancel” Rulemaking

The Federal Trade Commission will hold a virtual informal hearing on January 16, 2024, on the proposed amendments to the Negative Option Rule. During the...

FTC Issues Annual Report on Ethanol Market Concentration 2023

The Federal Trade Commission has issued its 2023 Report on Ethanol Market Concentration. The Energy Policy Act of 2005 directs the Commission to perform...

FTC Returns More than $3 Million to Businesses that Paid for HomeAdvisor Memberships, Announces Claims Process for Additional Refunds

The Federal Trade Commission is sending more than $3 million in refunds to businesses that paid for memberships to HomeAdvisor, Inc., a company affiliated...

FTC Approves Modifications to Horseracing Integrity and Safety Authority’s Anti-Doping and Medication Control Rule

The Federal Trade Commission has issued an Order approving a modification to the Anti-Doping and Medication Control rules proposed by the Horseracing Integrity and...

FTC Authorizes Compulsory Process for AI-related Products and Services

The Federal Trade Commission has approved an omnibus resolution authorizing the use of compulsory process in nonpublic investigations involving products and services that use or...

FTC, California Obtain Order Against DNA Testing Firm over Charges it Made a Myriad of Misrepresentations to Consumers to Entice Them to Buy Ancestry...

California-based CRI Genetics, LLC (CRI) will pay a $700,000 civil penalty and will be barred from a wide range of deceptive practices to settle...

FTC Files Amicus Brief Outlining Anticompetitive Harm Caused by Improper Orange Book Listings

The Federal Trade Commission filed an amicus brief to address the anticompetitive harm that stems from improperly listed patents in the Food and Drug Administration’s...

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