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Federal Trade Commission

Do Your Homework Before Buying a Timeshare

Jason Alderman | Posted 02.23.2014 | Business
Jason Alderman

I understand the appeal of having a guaranteed vacation home in an area you love and the flexibility many timeshares offer of being able to swap your unit. But I worry that many buyers don't consider all associated costs and mistakenly think timeshares are sound financial investments that will appreciate in value.

Hacking Soap and Diaper Purchases

Christina Gagnier | Posted 02.19.2014 | Technology
Christina Gagnier

Rumored yesterday and confirmed this morning, everyman retailer Target has announced that the credit card information for forty million customers was ...

40 Million Credit Cards May Have Been Compromised In Target Breach

Posted 02.13.2014 | Business

Target confirmed Thursday that previous reports about the unauthorized access of customers' credit card data were true. In a press release posted o...

Dear Congress: Don't Take Away the FTC's Best Tool for Fighting Patent Trolls

David Balto | Posted 01.27.2014 | Politics
David Balto

The criticism of the FTC's use of Section 5 in competition cases seems like a tempest in a teapot. This is not the time to shackle the federal agency best suited to use its enforcement powers to attack patent trolls.

The FTC: a Tough Data Security Cop

David Balto | Posted 01.23.2014 | Business
David Balto

In Wyndham and other cases the FTC is going after practices that are grossly at odds with responsible industry standards. However, deception actions should not be the only enforcement tool.

FTC Warns Vets That For-Profit Colleges 'Lie About How Well Their Graduates Fare'

David Halperin | Posted 12.31.2013 | Business
David Halperin

The Federal Trade Commission may be ready to get tough with America's for-profit colleges. That makes sense. The business model of many for-profit colleges is built on deception -- if students actually had all the relevant information, they wouldn't enroll.

Seniors: Be on High Alert for Scams

Jason Alderman | Posted 01.23.2014 | Fifty
Jason Alderman

I look forward to the day when we no longer need to warn senior citizens about scams designed to separate them from their hard-earned money. I'm not holding my breath, however.

Chris Kirkham

Text-Messaging Debt Collector Hit With $1 Million Fine

HuffingtonPost.com | Chris Kirkham | Posted 09.26.2013 | Business

The personalized text messages went out to more than a million cell phones over the last 18 months, warning of a critical legal issue. "It is URGEN...

FTC Looking Into Facebook's Privacy Policy Changes

AP | By BARBARA ORTUTAY | Posted 11.12.2013 | Technology

NEW YORK (AP) — The Federal Trade Commission is looking into a set of policy changes that Facebook proposed in late August, though the agency says i...

Facebook's New Privacy Policy Comes Under Fire

The Huffington Post | Drew Guarini | Posted 09.05.2013 | Technology

Try not to die of shock, but Facebook is in hot water over privacy concerns again. On Wednesday, six privacy groups sent a letter to the Federal Tr...

Blatant Distortion and Manipulation of Oil Prices Laid Bare

Raymond J. Learsy | Posted 10.26.2013 | Business
Raymond J. Learsy

What transpired on Friday was a brutal movement in the price of oil to the enormous benefit to oil interests. And for no reason that can be explained by either an interruption in supply, direct nor indirect, nor significant change in demand, nor economic data supporting the move.

The Cost of Nearly Everything Is Rigged, Enriching the Bank Fixers

Raymond J. Learsy | Posted 10.11.2013 | Business
Raymond J. Learsy

Hello Congress, Federal Reserve, Commodities Futures Trading Commission, Federal Trade Commission, Department of Justice, 1600 Pennsylvania Avenue, is anybody listening? Or do the Big Boys just get to play while we pay and pay!?

Steer Clear of Auto Repair Scams

Jason Alderman | Posted 10.07.2013 | Business
Jason Alderman

If you feel frustrated or intimidated whenever you take your car in for repairs, you're not alone. Although most auto repair shops are legitimate, some unscrupulous operators will rip off inexperienced car owners.

Your Price of Gasoline Is Going Up! How Sweet It Is!

Raymond J. Learsy | Posted 09.13.2013 | Business
Raymond J. Learsy

The days of the Commodity Exchanges functioning as casinos should be brought to a cataclysmic halt by forceful government action serving the interests of the public's well-being and sane economic policy.

Teaching Children to Respect Privacy By Respecting Theirs

Christina Gagnier | Posted 09.09.2013 | Technology
Christina Gagnier

While COPPA may be viewed by the private sector as another set of "rules" that must be complied with, we should consider what such regulation represents.

The Price of Oil: Speculation, Manipulation Or a Deeply Broken System

Raymond J. Learsy | Posted 09.07.2013 | Business
Raymond J. Learsy

Will it be a serious and searching probe of the malevolent formation of prices in the oil industry, costing American and world consumers billions, or just a cursory headline in the manner of the now discredited 'The Oil and Gas Price Fraud Working Group.'

How to Dispute a Credit Card Charge

Jason Alderman | Posted 09.02.2013 | Business
Jason Alderman

Have you ever ordered something online that was delivered damaged -- or never arrived at all? Or been double-billed by a merchant? Or spotted a charge on your credit card statement you didn't make? Most of us have.

Is Saudi Arabia's Trojan Horse Spiking Gasoline Prices Americans Are Paying at the Pump?

Raymond J. Learsy | Posted 08.31.2013 | Business
Raymond J. Learsy

If the nation is benefiting so handsomely from its newly developed riches in natural gas, why have similar developments in the spectrum of oil production not resulted in a comparable impact?

WSJ Gets It Right -- Highlights Italy Probe of Soccer Clubs, Ignores FTC Probe of Oil Price Fixing

Raymond J. Learsy | Posted 08.26.2013 | Media
Raymond J. Learsy

That an issue of this importance is being virtually ignored by our press is mind-boggling to say the least, and one has to wonder what nefarious influences the oil industry and its moneyed interests are able to bring to bear.

Regulators: Stop With Deceptive Advertising!

Reuters | Posted 06.26.2013 | Technology

SAN FRANCISCO, June 25 (Reuters) - U.S. regulators warned leading Internet firms including Google Inc. to better identify paid ads in search results, ...

The 'Reverse Payment' Drugs Case: The Most Important Economic Issue You Never Heard of -- And Why There Might Still Be Some Hope for Antitrust

Chris Sagers | Posted 08.25.2013 | Business
Chris Sagers

Branded drug companies appear to have squeezed quite a bit more money out of their products by paying off generic drug companies to stay out of their markets. Now, you might be thinking, that sounds like a violation of antitrust law.

FTC to Probe Oil Price Fixing. Saying So Doesn't Make It So

Raymond J. Learsy | Posted 08.25.2013 | Business
Raymond J. Learsy

Certainly the FTC has its work laid out. The big question now is will they follow through or go the way of the "Oil/Gas Pricing Fraud Panel" of April 2011 from which we have yet to hear a single note?

Google Might Have To Face Down The FTC.. Again

Reuters | Alexei Oreskovic | Posted 08.25.2013 | Technology

By Alexei Oreskovic SAN FRANCISCO (Reuters) - Antitrust regulators are conducting a preliminary inquiry into Google Inc's recent acquis...

Avoiding the "Big Stick" Approach: Regulators Seek to Aid Transparency for App Developers

Christina Gagnier | Posted 06.12.2013 | Technology
Christina Gagnier

The issue is not necessarily that the information is being collected. The issue is that users must have information about what is being collected and be put in a position to make a meaningful choice about the tradeoff of using the application or not.

Time to Stop Backroom Deals That Drive Up Drug Prices

Chris Meyer | Posted 06.09.2013 | Politics
Chris Meyer

One way you can try to save at the pharmacy is choosing a generic version of the drug, instead of the brand-name medication. But some consumers may not have that option, especially when it comes to higher-priced prescriptions.