All Federal Trade Commission articles – Page 7
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FTC turns up antitrust heat on Big Tech
The FTC will require the top five U.S. technology firms—Alphabet Inc. (Google), Amazon, Apple, Facebook, and Microsoft—to provide information on acquisitions not previously reported to the agency dating back 10 years.
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Lawmakers push for FTC probe into Envestnet data sales
Democratic Sens. Ron Wyden and Sherrod Brown and Rep. Anna Eshoo sent a letter to the Federal Trade Commission urging the agency to investigate Envestnet’s selling practices regarding consumer financial data.
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FTC appoints new antitrust head
The Federal Trade Commission announced the appointment of Ian Conner as director of the Bureau of Competition. In addition, Daniel Francis was named deputy director at the Bureau.
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‘Femtech’ wanders into uncharted regulatory territory
Applications that serve women’s health needs could soon be held to a higher standard of accountability for protecting users’ data if they become classified as “covered entities” under HIPAA.
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FTC proposes five amendments to NIST Privacy Framework
The FTC has submitted comment on NIST’s draft Privacy Framework, praising the agency for its proposal to help firms open a privacy dialogue and suggesting five amendments to improve upon the draft.
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Seven takeaways: Privacy, Big Tech in spotlight at ICDPPC
The International Conference of Data Protection and Privacy Commissioners offered varying perspectives on the latest in data privacy and technology from the likes of regulators, experts, and campaigners.
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FTC antitrust head to step down
Bruce Hoffman, director of the Bureau of Competition, will depart the Federal Trade Commission in November after more than two years in his position.
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FTC prioritizes guidance on application of antitrust laws to Big Tech
The Federal Trade Commission’s Office of Policy Planning is making the identification of Big Tech companies’ anticompetitive behavior and how to remedy it a top priority.
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Facebook, Libra questioned by global data leaders
Data privacy leaders from the United States, United Kingdom, European Union, and Canada are among a group to come together and voice their concerns over Facebook’s planned venture into the cryptocurrency space with Libra.
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Facebook settlement was barely worth waiting for
The compliance aspects of what will be expected of Facebook going forward were fair enough, but a lack of personal liability has us questioning the settlement.
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The Facebook Effect: ‘Price of privacy violations just went up’
The FTC hit Facebook with a ground-breaking $5 billion penalty for privacy violations, but the bigger takeaway for CCOs is the unprecedented new privacy and corporate governance obligations the company must implement.
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Lesson from Equifax penalty (at least $575M): Breach ‘entirely preventable’
What resulted in the largest-ever breach of consumer data culminated in the largest data breach enforcement action in history.
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FTC expands scope of data security compliance requirements
The FTC is turning up the heat on the data security compliance requirements companies must meet in the event of an enforcement action following a data breach.
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FTC warns of false compliance with EU-U.S. Privacy Shield
The Federal Trade Commission is warning over a dozen companies in the form of letters not to falsely claim participation in the EU-U.S. Privacy Shield program.
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As it cleans house, FTC spares a popular rule
The FTC has announced the completion of its review of the Holder in Due Course Rule (Holder Rule), a protection for consumers who purchase goods and services using credit obtained through a merchant or by a lender who works with a merchant.
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Diamonds not always the FTC’s best friend
The Federal Trade Commission has sent letters to jewelry marketers warning them that some of their advertisements for jewelry made with simulated or laboratory-created diamonds may be in violation of the FTC Act.
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FTC clarifies expectations for post-settlement compliance reports
The Federal Trade Commission, increasingly faced with incomplete information and blown deadlines, is laying down the law when it comes to post-settlement compliance reports.
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FTC proposes consumer data rule changes for financial institutions
The Federal Trade Commission is seeking public comment on proposed amendments to rules under the Gramm-Leach-Bliley Act that protect the privacy and security of customer information held by financial institutions.
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A view from beyond the tech giants
Organizations in sectors outside of technology are voicing their opinions on what a data privacy regulation should entail.
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Tech companies push for national privacy framework
Commonalities among tech companies, when it comes to U.S. data privacy legislation, include a single-standard approach, elevating the FTC, and mandating a risk-based methodology.