Federal Trade Commission news and trends

FTC: Federal Court Freezes Assets of USA Student Debt Relief
Legal // July 22, 2024

The Federal Trade Commission (FTC) said Monday (July 22) that a federal court halted the operations and froze the assets of the operators of USA Student Debt Relief (USASDR). The FTC asked the court to issue the order, alleging that the operators pretended to be affiliated with the...

Report: Amazon/Adept Deal Subject of FTC Inquiry
Amazon // July 16, 2024

A U.S. regulator reportedly wants more information on Amazon’s deal with AI startup Adept. The Federal Trade Commission (FTC) has asked Amazon for details about the arrangement to hire researchers and high-level executives from the artificial intelligence (AI) firm Adept, Reuters reported Tuesday  (July 16),...

FTC Warns Franchisors About Junk Fees
Regulation // July 12, 2024

The Federal Trade Commission (FTC) warned franchisors Friday (July 12) that non-disparagement clauses and the imposition of previously undisclosed fees are against the law. The regulator highlighted these practices in a policy statement and a guidance released Friday, the FTC said in a press release....

FTC Says Vroom Agrees to $1 Million Settlement
Legal // July 02, 2024

Vroom, the online used car dealer that discontinued its eCommerce operations in January, has reportedly agreed to a proposed settlement that would include it paying $1 million that would be refunded to consumers. The Federal Trade Commission (FTC) said in a Tuesday (July 2) press release that Vroom agreed...

Interviews & Exclusives
Rising Fraud Casts Shadow Over Voice Commerce Potential

March 29, 2024
The proliferation of voice-activated technology, from virtual shopping assistants to speech recognition in smartphones and smart homes, is reshaping how consumers interact with devices. Advancements in this field are continually expanding the possibilities of what voice technology can achieve. For instance, assistive voice technology, like the one developed by Whispp, is empowering individuals with voice disabilities, enabling more fluent and […]

Facial Recognition Debate Gathers Steam Despite Popularity Among Gen Z Consumers

October 06, 2023
As the use of facial recognition software continues to expand around the world, concerns about privacy and human rights violations have reignited the debate surrounding this technology. On Friday (Oct....

Using AI And Biometrics To Digitize Estate Planning

May 14, 2020
The COVID-19 pandemic has triggered an uptick in digital fraud and identity theft, with 18,235 pandemic-related fraud reports received by the Federal Trade Commission (FTC) since the beginning of the...

Amazon Sizzles, Apple Fizzles And A High Profile Merger Fizzle Before It Starts

July 14, 2017
Some partnerships seemed destined, perhaps even written in the stars — Romeo & Juliet, Tony & Maria or (of course) Kimye are all good examples. Then there are the things that...

Quick Reads
FTC Investigating Companies’ Use of Personal Data to Set Prices

July 23, 2024
The Federal Trade Commission (FTC) is looking to learn more about companies’ use of personal data to categorize individuals and set individualized prices for the same goods or service — a practice it calls “surveillance pricing.” The regulator said in a Tuesday (July 23) press release that it sent orders seeking information from eight firms […]

FTC: Federal Court Freezes Assets of USA Student Debt Relief

July 22, 2024
The Federal Trade Commission (FTC) said Monday (July 22) that a federal court halted the operations and froze the assets of the operators of USA Student Debt Relief (USASDR). The FTC asked...

Report: Amazon/Adept Deal Subject of FTC Inquiry

July 16, 2024
A U.S. regulator reportedly wants more information on Amazon’s deal with AI startup Adept. The Federal Trade Commission (FTC) has asked Amazon for details about the arrangement to hire researchers...

FTC Warns Franchisors About Junk Fees

July 12, 2024
The Federal Trade Commission (FTC) warned franchisors Friday (July 12) that non-disparagement clauses and the imposition of previously undisclosed fees are against the law. The regulator highlighted these practices in...