The FTC is taking action against Bookings Holding, Priceline’s owner, over misleading third-party online hotel ads. The fine could be $500 million, Reuters reported on Wednesday.
ftc
Posted inRetail
Alcohol distributor settles with FTC over higher prices charged to small stores
The largest U.S. distributor of wine and spirits has agreed to change its pricing practices toward mom-and-pop liquor stores to settle allegations that it selectively charged small retailers more for its products.
Posted inRegulatory Enforcement
Two Payment processors face bans under FTC orders
Two credit card payment processors have been ordered to pay fines and to steer clear of high-risk merchants for allegedly processing more than $130 million in payments for bogus companies that scammed the public, the FTC announced.
Posted inRegulatory Policy
FTC pares back disparate impact
In a break with decades of policy, the U.S. Federal Trade Commission (FTC) will end disparate impact consideration in almost all cases.
Posted inTop Stories
Telehealth company Hims & Hers vows to fight FTC suit alleging illegal subscription, cancellation practices
The FTC has filed another enforcement action against a company charging illegal subscription fees and using illegal cancellation practices, this time against the telehealth company Hims & Hers.
Posted inRegulatory Enforcement
Edwards Lifesciences pays $10M and creates antitrust compliance program under FTC judgment
Edwards Lifesciences Corp. will pay a $10 million penalty and create and maintain an antitrust compliance program under a pending agreement with the FTC for failing to notify the commission about its acquisition of JC Medical from Genesis MedTech Group.
Posted inTop Stories
Travel app company ignored complaints about hidden fees, FTC alleges
Travel app Hopper has agreed to pay $35 million and prove compliance for 15 years, to resolve allegations it charged hidden fees to customers— issues that were raised internally by numerous employees but were ignored, the Federal Trade Commission (FTC) said. Hopper, a Canadian company, and its Massachusetts subsidiary charged extra, undisclosed fees to customers […]
Posted inRegulatory Enforcement
FTC, states settle right-to-repair suit with John Deere
The FTC and five states reached a settlement with Deere & Company that requires the agricultural equipment maker to overhaul practices that limited farmers’ ability to repair their own machinery, the FTC announced Wednesday.
Posted inRegulatory Enforcement
FTC warns companies about ‘Made in USA’ labels
Seven companies received warnings Monday from the FTC for falsely claiming their products were made in the United States.
Posted inData Privacy
Amazon fined $2.25M for failing to respond to identity theft victim requests
Amazon has agreed to pay $2.25 million for failing to provide records to customers who were victims of identity theft, as required by the Fair Credit Reporting Act (FCRA), the Federal Trade Commission (FTC) said. The fine, described in a proposed order, is the largest ever levied for an FCRA violation, the FTC said in a […]