The department alleges the company “has unlawfully amassed the power to extract fees.” The Department of Justice filed an antitrust suit against Visa for anti-competitive actions. The department…
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CFPB Warns Banks of Overdraft Fee Consent Requirements in New Guidance
Attempts to reign in “phantom opt-in” agreements in updated legal interpretation. The Consumer Financial Protection Bureau (CFPB) released a new guidance this month, cautioning banks not to charge…
Read MoreSEC Fines Keurig $1.5 Million For False Recyclability Claims
The company violated the Securities Exchange Act of 1934 regarding the provision of information to investors. Securities and Exchange Commission (SEC) announced that a settlement had been reached…
Read MoreFTC Fines Verkada $2.95 Million for CAN-SPAM Violations
Security camera firm settles allegations of lax data protection and misleading marketing practices. The Federal Trade Commission (FTC) has mandated that security camera company Verkada implement a comprehensive…
Read MoreCBP and U.S. Chamber of Commerce Warn of Back-To-School Counterfeit Supplies
Agencies say that counterfeit products can “cause real harm to consumers and families.” U.S. Customs and Border Protection (CBP) and the U.S. Chamber of Commerce published recommendations to…
Read MoreFTC Settlement Bars Sweepstakes Operator from Further Scams
Perpetrator’s prize promotions defrauded consumers of $28 million worldwide. The Federal Trade Commission (FTC) announced that Victor Ramirez has agreed to a settlement that permanently bans him from…
Read MoreTransportation Secretary Reminds Airlines of Refund Obligations
He calls the lack of compliance with recent policy updates “unacceptable.” Transportation Secretary Pete Buttigieg sent a letter to the CEOs of America’s ten largest airlines, reiterating policy…
Read MoreFCC Chair Proposes Rule Requiring AI Disclosure in Robocalls
The agency would also require FCC consent to use AI-generated calls. Federal Communications Commission (FCC) Chair Jessice Rosenworcel proposed new rules this week that would require companies using…
Read MoreFTC Warns Companies Over Warranty Practices
Eight firms were notified by FTC to revise warranty terms or face legal action. The Federal Trade Commission (FTC) has issued warning letters to eight companies regarding warranty…
Read MoreFTC Takes Action Against Vroom
Court order proposes the online car dealer pay more than $1 million to reimburse customers. The Federal Trade Commission has taken action against the online car dealer, Vroom,…
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