Web9 Jul 2024 · The Commission alleged that Tucker’s loan business violated § 5 of the Federal Trade Commission Act (“FTC Act”)’s prohibition against “unfair or deceptive acts or practices in or affecting commerce.” ... Section 13(b) of the Federal Trade Commission Act does not authorize the Commission to seek, or a court to award, equitable ... Web13 Apr 2024 · At the FTC, our core Section 5 authority extends to companies making, selling or using AI. If a company makes a deceptive claim using or about AI, that company can be held accountable," said Bedoya at the recent International Association of Privacy Professionals' Global Privacy Summit.
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WebIn the Federal Trade Commission Act of 1912, Congress for the first time empowered a federal agency to investigate and deter acts of unfair competition. Section 5 of the act gave the Federal Trade Commission (FTC) power to enforce a law that said “unfair methods of competition in commerce are hereby declared unlawful.”. WebSection 5 of the Federal Trade Commission (FTC) Act The section of the Federal Trade Commission Act prohibiting: Unfair methods of competition. Unfair or deceptive acts or practices. (15 U.S.C. § 45 (a).) Under Section 5 (a), the FTC challenges business conduct that: Violates the Sherman Act or other federal antitrust laws. top resorts bantayan island
FTC Orders Divestiture in Vertical Merger Case, Setting Up Federal ...
WebThe Federal Trade Commission filed an administrative complaint alleging that Altria Group, Inc. and JUUL Labs, Inc. entered a series of agreements, including Altria’s acquisition of a … Web10 Nov 2024 · Policy Statement Regarding the Scope of Unfair Methods of Competition Under Section 5 of the Federal Trade Commission Act Commission (356.86 KB) Related … WebSection 5(a) of the FTC Act empowers the agency to enforce against “unfair or deceptive acts or practices in or affecting commerce.” Over the past two decades, the FTC has used … top resort in the world