As the FTC proceeds to establish itself as a rule maker to govern competition in the market, the agency would effectively rewrite decades of antitrust jurisprudence and learning. Until now, the antitrust agencies and the courts have evaluated almost all business practices under the “rule of reas...
health information.The Gramm-Leach-Bliley Actgoverned by the Federal Trade Commission (FTC) requires financial institutions to disclose their data-sharing practices and set up controls to protect consumer privacy. Today, states have identified additional areas of trade that require privacy regulation, an...
In most cases, the Federal Communications Commission leaves the responsibility for regulating advertising and marketing to the Federal Trade Commission (FTC) and the Food and Drug Commission (FDA). One aspect that the FCC does actively govern is the prohibition of advertising materials that are false...
For example, FTC regulations may govern the way a company labels its products, how it conducts its public advertising campaigns, and any claims it may make as to the effectiveness of its products. In fact, the FTC requires that claims in advertising must be “evidence-based.” In other word...
“I can’t just let an AI system loose within the organization, within the product, within my app, and then deal with the fall. There needs to be extensive testing and there needs to be a proportionality. Does the benefit of the AI system really necessitate the risks we take in ...
Federal AI regulation may be coming from the FTC At the federal level, AI-focused bills have been introduced in Congress but have not gained significant support or interest. AI regulation does, however, appear to be potentially emerging from the Federal Trade Commission (FTC). In recent years,...
Disclose the terms and conditions of any offers, contracts, disclosures, or promotions before accepting a caller’s agreement to them The FTC Act doesn’t just guard customer privacy. It also prohibits call centers from engaging in unfair or deceptive business practices. It does this by stating ...
“Particularly right now, when many employees are working remotely, it’s important to know that the law of the state where the employee is working may govern the noncompete, rather than the law of the state where the company is located,” Fontanesi said. Include a severability provision in...
Its authority to regulate on behalf of consumer protections comes from The Federal Trade Commission Act (FTC Act), which has broad jurisdiction over commercial entities under its authority to prevent unfair or "deceptive trade practices." While the FTC uses its authority to issue regulations, ...
the accuracy and privacy of the personal information contained in the files of the credit reporting agencies, which store all consumers'credit history.3 Both the Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC) are charged with updating and enforcing the act.3...