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All articles tagged with #ftc

NYC’s Click-to-Cancel Rule Takes Effect, Mandating Symmetrical Subscription Exits
policy8 days ago

NYC’s Click-to-Cancel Rule Takes Effect, Mandating Symmetrical Subscription Exits

New York City became the first U.S. municipality to enforce a 'click-to-cancel' rule on October 1, 2026. The regulation requires businesses to offer cancellation methods identical to sign-up processes, prohibiting complex hurdles like phone calls or in-person visits for digital subscriptions. Enforced by the Department of Consumer and Worker Protection, the rule aims to save residents between $21.5 million and $162.5 million annually by eliminating 'junk fees' and difficult exit procedures.

via TechSpot|
#consumer-protection#ftc#new-york-city
technology-and-policy9 days ago

FTC Launches First Major AI Safety Probe Against OpenAI and Anthropic

The Federal Trade Commission has opened a broad investigation into OpenAI, Anthropic, and other AI firms to determine if their products violate federal laws against unfair or deceptive practices. The probe, which began weeks ago, focuses on consumer harms from rogue AI agents and misleading capabilities, following a series of security breaches and a voluntary industry pact signed at the White House.

via CNBC|
#ai-safety#anthropic#ftc
FTC Launches First Major AI Safety Probe Against OpenAI and Anthropic
technology10 days ago

FTC Launches First Major AI Safety Probe Against OpenAI and Anthropic

The Federal Trade Commission has opened a broad investigation into OpenAI and Anthropic to assess whether their AI systems pose safety risks to consumers. The probe, led by Chair Andrew Ferguson, utilizes existing consumer protection laws rather than new AI-specific legislation. It follows recent security incidents involving rogue AI agents and aligns with the Trump administration's push for voluntary industry standards.

via washingtonpost.com|
#ai-regulation#anthropic#consumer-protection
FTC Personalized Pricing Proposal Sparks Industry Pushback and Consumer Advocacy
technology-and-policy11 days ago

FTC Personalized Pricing Proposal Sparks Industry Pushback and Consumer Advocacy

The Federal Trade Commission’s proposal to regulate personalized pricing has triggered a sharp debate between consumer advocates and tech industry groups. While consumer groups urge stricter rules against algorithmic price discrimination, industry representatives argue that such regulations could eliminate beneficial discounts and lack empirical support.

via WIRED|
#algorithmic-pricing#consumer-protection#ftc
FTC Expands Amazon Refunds, Potential Individual Payout Up to $200
business21 days ago

FTC Expands Amazon Refunds, Potential Individual Payout Up to $200

The FTC’s $2.5 billion settlement with Amazon over deceptive Prime enrollment is widening redress to more consumers. The deal now allows up to $1.5 billion in refunds plus a $1 billion civil penalty, and over $845 million has already been paid as of Sept 2026. Eligibility is expanding to those who used 11–20 Prime benefits in a year, with individual payouts potentially rising from $51 to $200. Those who already cashed checks may receive up to $149 more starting in 2027. New payments will be issued automatically via PayPal, Venmo, or mail starting Oct 1, 2026, with no claims required; beware scams claiming to be FTC representatives.

via AZ Family|
#amazon#business#enrollment
money22 days ago

FTC Expands Amazon Prime Refunds to $200, Auto-Paying Millions

The FTC has expanded and accelerated refunds tied to last year’s $2.5 billion settlement with Amazon, widening eligibility to millions who used 11–20 Prime benefits in a year and increasing the maximum payout from $51 to $200. Automatic payments start Oct. 1 via Venmo, PayPal, or mailed checks; if total payouts don’t reach a threshold by February 2027, a second round could add up to $149 more, for a $200 cap. Amazon administers refunds; the FTC isn’t contacting consumers about payments, and vigilance against scams is advised. About 35 million consumers were affected by the original case.

via MyNorthwest.com|
#amazon#dark-patterns#ftc
FTC Cracks Down on Amway with $225 Million Settlement Over Deceptive MLM Tactics
business22 days ago

FTC Cracks Down on Amway with $225 Million Settlement Over Deceptive MLM Tactics

The FTC and the state of Washington announced a $225 million settlement with Amway and two affiliates (WWG and LTD) over allegedly deceptive and unfair recruitment tactics in its multilevel marketing model, including exaggerated earnings claims and pressuring Independent Business Owners to buy products they couldn’t resell. The settlement, the FTC’s largest monetary recovery in an MLM case, imposes changes such as requiring IBOs to sell at least 70% of purchased products each month, reducing recruiters’ pay if purchases aren’t resold, mandating prompt reporting of customer sales with receipts, terminating fake-sellers, regular independent audits of sales records, mandatory pre-recruitment training, and prohibiting providers from charging new IBOs for training in the first year; most of the judgment proceeds will go to harmed IBOs under a redress program.

via Federal Trade Commission (.gov)|
#amway#business#deceptive-practices
FTC accuses Amazon of covert ad surcharges in auction pricing
business1 month ago

FTC accuses Amazon of covert ad surcharges in auction pricing

The FTC and 22 states filed a lawsuit against Amazon, alleging the company secretly added undisclosed 'soft reserve prices' to its ad auctions since 2019, inflating costs for more than 1 million advertisers (including over 500,000 SMBs) and potentially generating tens of billions in extra revenue. Amazon disputes the claims, saying its auctions are second-price with ad relevance, and there is no established claims process for advertisers yet. The case seeks monetary relief and is proceeding in U.S. District Court for the Western District of Washington.

via USA Today|
#advertising#amazon#auctions
FTC alleges Amazon secretly inflates ad auctions, $20B overcharge alleged
business1 month ago

FTC alleges Amazon secretly inflates ad auctions, $20B overcharge alleged

The FTC and 22 states filed suit alleging Amazon secretly inflated online ad auction prices since 2019 by replacing actual auction results with higher, Amazon-set reserve prices, effectively overcharging advertisers by more than $20 billion. Amazon disputes the claims, saying its system uses relevance and price to determine winners and that reserve pricing is disclosed, while the case seeks injunctions, penalties, restitution and disgorgement.

via Ars Technica|
#advertising#amazon#auctions
FTC accuses Amazon of secretly padding ad prices via bid manipulation
tech1 month ago

FTC accuses Amazon of secretly padding ad prices via bid manipulation

The FTC and 22 state attorneys general sue Amazon, alleging it used a 'secret ad surcharge' to push up prices for ads on its site and app by manipulating its second-price auctions since 2019, a practice the complaint claims has illegally extracted more than $20 billion from advertisers; Amazon counters that the claims misinterpret advertiser behavior and notes bid prices have fallen, disputing the assertion that higher prices were passed on to consumers.

via The Verge|
#advertising#amazon#antitrust
FTC Sues Amazon Over Hidden Ad-Auction Fees, Endangering Its Profitable Advertising Engine
business1 month ago

FTC Sues Amazon Over Hidden Ad-Auction Fees, Endangering Its Profitable Advertising Engine

The FTC, joined by 22 states, accuses Amazon of secretly inflating ad-auction prices for more than seven years via an undisclosed 'soft reserve price,' potentially costing advertisers billions and lifting Amazon's high-margin ad revenue; Amazon disputes the claim, arguing the pricing changes improve ad relevance, and a ruling could force changes to its auction practices that might slow ad growth without upending the core business.

via Yahoo Finance|
#advertising#amazon#business