FTC Approves Final Orders Settling Charges That Used Auto Dealers Touted Inspections Without Disclosing That Some Cars Were Subject to Unrepaired Safety Recalls

Following a public comment period, the Federal Trade Commission has approved final consent orders with CarMax, Asbury Automotive Group and West-Herr Automotive Group, settling charges that they touted how rigorously they inspect their used cars, yet failed to adequately disclose that some of the cars were subject to unrepaired safety recalls. The final orders announced […]

American Guild of Organists Agrees to Eliminate Rules that Restrict Competition among Members

The American Guild of Organists has agreed to eliminate rules that restrict its members from competing for opportunities to perform. The agreement between the FTC and the American Guild of Organists resolves a complaint by the agency alleging that the guild’s rules restrained competition and harmed consumers in violation of the FTC Act. According to […]

NetSpend Settles FTC Charges

Federal Trade CommissionHeadquarters:600 Pennsylvania Avenue, NWWashington, DC 20580Contact Us Related posts: Payment Processor and Owner Agree to Permanent Payment Processing Ban and $1.8 Million Judgment to Settle FTC Charges They Violated 2009 Order FTC Charges Prepaid Card Company Deceptively Marketed Reloadable Debit Card Payment Processors Involved in I Works Scheme Settle FTC Charges FTC Sends […]

FTC Returns Money to Victims of Debt Collection Scheme

The Federal Trade Commission is mailing 5,232 checks totaling more than $2.7 million to people who lost money to Rincon Debt Management, a debt collection scheme that focused on people who were strapped for cash. The company’s owners are banned from the debt collection business. People who lost money are getting back the full amount […]

Comptroller Discusses Bank Services to Consumers, Businesses, and Communities

News Release 2017-37 | March 29, 2017 Share This Page: WASHINGTON—Comptroller of the Currency Thomas J. Curry today discussed the Office of the Comptroller of the Currency’s work to promote a vibrant and diverse banking system capable of meeting the needs of consumers, businesses, and communities throughout the nation. Related Links Media Contact Bryan Hubbard(202) 649-6870 […]

FTC Returns Money to Victims of Business Directory Scheme

The Federal Trade Commission is mailing 974 checks totaling more than $535,000 to businesses and nonprofit organizations that lost money to the Fair Guide business directory scheme, which tricked them into paying for online directory listings they didn’t want. As a result of the FTC’s action, the company and its principals were banned from the […]

FTC Announces Preliminary Agenda for Hearing Health and Technology Workshop

The Federal Trade Commission today announced the preliminary agenda for Now Hear This: Competition, Innovation, and Consumer Protection Issues in Hearing Health Care, a workshop that will explore competition, innovation, and consumer protection issues raised by hearing health and technology. The workshop, which is free and open to the public, will take place in Washington, […]

FTC Requires Kidney Dialysis Chain DaVita, Inc. to Divest Assets as a Condition of Acquiring Competitor Renal Ventures Management LLC

The Federal Trade Commission will require the national outpatient kidney-dialysis chain DaVita, Inc. to divest its ownership interest in seven clinics – five in suburban and urban areas of New Jersey and two on the outskirts of Dallas, Texas – as part of a settlement resolving charges that its $358 million acquisition of competitor Renal […]

FTC Releases 2016 Annual Highlights

The Federal Trade Commission released the agency’s 2016 Annual Highlights, which demonstrate the agency’s ongoing efforts to protect consumers and promote competition over the past calendar year, and include some of the Comission’s biggest successes to date. “2016 was a historic year for the FTC. We obtained almost $12 billion in redress for consumers, and […]

FDIC Releases Report on its Youth Savings Pilot and Launches New Network to Support Youth Savings Collaborations

FIL-13-2017 March 28, 2017 FDIC Releases Report on its Youth Savings Pilot and Launches New Network to Support Youth Savings Collaborations Printable Format: FIL-13-2017 – PDF (PDF Help) Summary: The FDIC released a report on its Youth Savings Pilot program, which identifies promising approaches to combining financial education with the opening of safe, low-cost savings […]