DOJ Sues Visa for Monopolizing Debit Card Markets

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…

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SEC 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…

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FTC 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…

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CBP 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…

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FTC 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…

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Transportation 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…

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FCC 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…

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FTC 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…

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FTC 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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