The Federal Trade Commission has filed a complaint and motion for preliminary injunction in federal district court alleging that Alliance Security Inc., a home security installation company, and its founder, directly and through its authorized telemarketers, called millions of consumers whose numbers are on the National Do Not Call (DNC) Registry. Two of Alliance’s authorized […]
Monthly Archives: March 2018
FTC and New York Attorney General Settlements Ban Abusive Debt Collectors from the Debt Collection Business and from Buying or Selling Debt
The operators of a deceptive and abusive debt collection scheme are banned from the debt collection business and from buying or selling debt under settlements with the Federal Trade Commission and the New York Attorney General’s Office. As alleged in the agencies’ complaint, the defendants used threats and abusive language, including false threats that consumers […]
FTC Requests Public Comment on Red Ventures’ Application to Approve Sale of Caring.com
The Federal Trade Commission is currently accepting public comments on an application by Red Ventures to divest the assets of Caring.com, as required under the FTC’s March 12, 2018, final order settling charges that Red Ventures’ $1.4 billion acquisition of Bankrate would likely harm competition in the market for third-party paid referral services for senior […]
FTC and FCC to Host Joint Policy Forum on Illegal Robocalls
The Federal Trade Commission and Federal Communications Commission (FCC) will host a joint policy forum this Friday aimed at furthering the fight against illegal robocalls and caller ID spoofing. The Forum will discuss past, current, and potential future action to protect consumers and empower service providers to block illegal robocalls. Remarks will be delivered by […]
FFIEC Provides Update on Examination Modernization Project
FIL-11-2018 March 22, 2018 FFIEC Provides Update on Examination Modernization Project Printable Format: FIL-11-2018 – PDF (PDF Help) Summary: The Federal Financial Institutions Examination Council (FFIEC) has announced an update on the status of its Examination Modernization Project. The objective of the project is to identify and assess ways to improve the community bank safety-and-soundness […]
FFIEC Provides Update of Examination Modernization Project
For Immediate Release: March 22, 2018 The members of the Federal Financial Institutions Examination Council (FFIEC) today announced an update on its Examination Modernization Project that was undertaken as a follow-up to the review of regulations under the Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA). The objective of the project is to identify and […]
FTC Challenges CDK Global, Inc.’s Proposed Acquisition of Competitor Auto/Mate, Inc.
The Federal Trade Commission has issued an administrative complaint charging that a proposed merger between two specialized software vendors violates federal antitrust laws. According to the complaint, CDK Global, Inc.’s proposed acquisition of Auto/Mate would reduce competition in an already concentrated market, eliminating the substantial current competition between CDK and Auto/Mate, and between Auto/Mate and […]
CFPB and FTC Report on 2017 Activities to Combat Illegal Debt Collection Practices
Today the Consumer Financial Protection Bureau (Bureau) and the Federal Trade Commission (FTC) reported on their 2017 activities to combat illegal debt collection practices. The annual report to Congress on the administration of the Fair Debt Collection Practices Act (FDCPA) details the agencies’ efforts to stop unlawful debt collection practices, including vigorous law enforcement, education […]
FTC to Begin Mailing Checks to Victims of Tech Support Scam
The Federal Trade Commission will begin mailing 36,830 checks totaling $10,158,601, to consumers who lost money to a technical support scam. Inbound Call Experts, LLC, doing business as Advanced Tech Support, along with other defendants, agreed to pay more than $10 million as part of a settlement with the FTC. According to the FTC, the […]
FTC Acting Chairman Maureen K. Ohlhausen to Participate in International Competition Network Conference in New Delhi, India
The Acting Chairman of the Federal Trade Commission, Maureen K. Ohlhausen will participate in the 17th annual International Competition Network (ICN) conference in New Delhi, India, March 21-23, 2018, along with Assistant Attorney General Makan Delrahim of the Justice Department’s Antitrust Division. At the conference, antitrust officials and private sector antitrust experts from around the […]