October 3, 2011 |
The erstwhile-caffeinated alcoholic drink Four Loko will now have to make another adjustment in order to settle claims by the Federal Trade Commission of deceptive advertising. Drink maker Phusion Projects claimed that a 23.5-ounce can of Four Loko (with 11% or 12% alcohol) contained as much alcohol as one or two 12-ounce beers, the FTC alleged , and that a person could safely drink a whole Four Loko can at one time. They want a label that will make it clear that a whole can of the stuff has about as much alcohol as four or five beers.
July 3, 2013 |
Media mogul Barry Diller is speaking up about his recent tiff with the Federal Trade Commission involving his stake in Coca-Cola Co. The executive behind the launch of Fox Broadcasting and a former chief executive of Paramount Pictures has agreed to pay $480,000 to resolve FTC allegations that he failed to properly disclose his purchases of Coke stock between 2010 and 2012. Because the purchases brought his holdings above $63.4 million, he was required to disclose them to the FTC but failed to do so, the agency said.
May 21, 2012 |
It has long been clear that the most wonderful thing about Pom Wonderful pomegranate juice is the spectacular marketing skill that persuades consumers to fork over their hard-earned cash for a liquid that sells for five to six times the price of, oh, cranberry juice. As we've mentioned in the past , the key to that marketing is the claim by Pom's makers, the Beverly Hills grandees Stewart and Lynda Resnick and their company, that Pom has wonderful health effects, especially in the areas of prostate cancer, erectile dysfunction, and cardiovascular performance.
December 19, 2012 |
Technology has changed a lot in 15 years. It's been nearly that long since the Federal Trade Commission has updated rules protecting kids' online privacy. The Federal Trade Commission said Wednesday that it has given parents greater control over the information that online services collect from kids 12 and under. Read Jessica Guynn's story on the issue here . Among the changes to the 1998 Children's Online Privacy Protection Act: The FTC updated rules for mobile apps and made it clear that a child's location, photographs and videos cannot be collected without a parent's permission.
October 24, 2013 |
Dozens of people have called on the Federal Trade Commission to investigate multilevel marketing, a controversial industry that includes companies such as Herbalife Ltd., Amway, Avon and others. In a letter delivered to the FTC's Washington offices Thursday, the group, led by Massachusetts attorney Douglas M. Brooks, urged the agency to crack down on an industry it says preys on low-income and unemployed workers with false hopes of easy wealth. "The MLM industry has proved incapable of regulating itself, is rife with fraudulent and deceptive earnings claims and has caused -- and will continue to cause -- untold financial harm and misery to the poorest and most vulnerable of the consumers whom the commission was formed to protect," the group's letter said.
January 9, 2014 |
Four auto dealers in Southern California and five others around the country agreed to settle with the Federal Trade Commission over charges of deceptive advertising that misled consumers about low prices and financing when buying cars. The nationwide sweep, dubbed Operation Steer Clear, targeted dealers that ran misleading print, online and video ads that misrepresented costs for the sale, financing and leasing of automobiles. “For most consumers, buying a car is one of the most expensive transactions they will make in their life.
October 3, 2012 |
The Federal Trade Commission is teaming up with tech companies and regulatory agencies around the world to crack down on tech-support scams that may have already cost U.S. consumers tens of millions of dollars. In a tech-support scam, typically originating out of India, callers claiming to be with a trusted security company tell consumers that their computers may have been infected with a virus or malware. The callers then trick people into purchasing anti-virus software they don't need, which can often range in price from $49 to $450.
February 17, 2012 |
In the wake of evidence that Google Inc. circumvented privacy protections on the iPhone, federal lawmakers are asking if the company violated the terms of its broad privacy settlement with the Federal Trade Commission. The FTC settlement, finalized in October ,"bars the company from future privacy misrepresentations," and required Google to implement a comprehensive privacy program. But Reps. Edward J. Markey (D-Mass.), Joe Barton (R-Texas) and Cliff Sterns (R-Fla.)
April 26, 2012 |
Is Google on the verge of an antitrust showdown with federal regulators? The Federal Trade Commission, which is investigating whether Google has abused its colossal share of the U.S. search market and put competitors at a disadvantage, has unsheathed a new weapon in its year-old probe of the search giant: It has hired a prominent outside litigator, known for her firepower in the courtroom, to oversee the investigation. It's the strongest signal yet that the agency is preparing to take on Google.
June 26, 2012 |
Advertisers, bullies and sexual predators aren't the only ones trying to get their hands on your kid's information online. Don't forget about identity thieves. Although many adults regularly check their own credit reports to keep tabs on activity, most parents don't expect their children to have a credit file to have to check. And they wouldn't, unless someone has snagged the necessary details and commandeered your kids' persona. When a child's identity is stolen, it can be years before it's discovered, according to the Federal Trade Commission.