FTC News

FTC Privacy Settlement With Facebook Could Set Record

Facebook Inc. is in talks with U.S. regulators over alleged privacy violations that could force the social-media giant to pay billions of dollars in a record-breaking settlement, according to two people familiar with the matter. The U.S. Federal Trade Commission’s …

FTC Conducting Probe of Auto Lenders’ Kill Switches

A U.S. regulator is looking at whether auto finance companies that use sophisticated technology like ignition kill switches are illegally harassing subprime borrowers that have fallen behind on their payments. The Federal Trade Commission, a consumer protection agency, has asked …

Federal Appeals Court Rules That FTC has Power to Police Cybersecurity

A U.S. appeals court said the Federal Trade Commission has authority to regulate corporate cybersecurity, and may pursue a lawsuit accusing hotel operator Wyndham Worldwide Corp of failing to properly safeguard consumers’ information. The 3-0 decision by the 3rd U.S. …

FTC Member Says Lawsuits Focus on Cyber System Failures

One of the five commissioners of the Federal Trade Commission says her organization has investigated hundreds of cyber security breaches at companies across the country, but has only brought suit 53 times. FTC Commissioner Julie Brill, a Vermont resident who …

More Transparency for Data Brokers Needed

Companies are collecting billions of pieces of information about consumers to create individual profiles to more effectively target individuals for coupons or product offers, decide whether a would-be buyer gets a car loan or help people check out a potential …

Online Background Checks May Violate Fair Credit Law: FTC

Federal regulators this week warned several companies that the quick, easy background checks they are providing online might violate the Fair Credit Reporting Act. The Federal Trade Commission sent warning letters to 10 businesses, including sites like 4Nannies.com and USA …

Five Percent of Consumers Had Credit Report Errors: FTC

One in twenty American consumers had mistakes on their credit reports that would have increased their interest rates on loans or caused them to pay more for insurance, the Federal Trade Commission said in a report released on Monday. Experian, …

FTC Finds POM Wonderful Health Claims Deceptive

POM Wonderful made deceptive advertising claims in saying that its pomegranate juice and other products would make users healthier, the Federal Trade Commission said on Wednesday. Despite objections from POM, the commission upheld a decision from an internal FTC judge …

FTC Targets Car Dealers for Misleading Ads

Beware of car dealer ads that promise to pay off the loan on your trade-in. In a first-of-its-kind case, the Federal Trade Commission targeted five car dealers in four states that regulators say deceived consumers by promising to pay off …

Facebook Settles Privacy Case with U.S. FTC

Facebook has settled complaints that it disregarded its users’ privacy, agreeing to establish a raft of measures to better protect its 800 million members’ data. The settlement with the U.S. Federal Trade Commission on Tuesday will require Facebook to obtain …