Web28 Jun 2024 · In 1971, the FTC enacted a section 6 (g) rule stating that it was both an “unfair method of competition” and an “unfair act or practice” for refiners or others who sell to … Web10 Jan 2024 · Section 6(b) of the Wool Products Labeling Act, 15 U.S.C. 68d(b) (failure by wool manufacturers to maintain required records)—Increase from $576 to $612; Section 3(e) of the Fur Products Labeling Act, 15 U.S.C. 69a(e) (failure to maintain required records regarding fur products)—Increase from $576 to $612;
FTC to Use 6(b) Authority to Examine Tech Companies’ Data Practices
Web13 Apr 2024 · Under Section 5(m)(1)(B) of the FTC Act, if the FTC determines in a litigated proceeding that conduct is deceptive or unfair, the agency may seek civil penalties from a company that engages in that practice in the future with actual knowledge that it was unlawful. To trigger this provision, the FTC can send companies a Notice of Penalty ... Web11 Nov 2024 · The Federal Trade Commission (FTC) issued long-awaited guidance regarding its interpretation of the scope of Section 5 of the FTC Act on November 10, 2024. The updated guidance expands what the FTC may consider to be “unfair” competition in violation of Section 5, including conduct that the FTC deems to be contrary to the “spirit” … e.a. meaning in accounting
Section 6(b) Information Disclosure CPSC.gov
Web22 Apr 2024 · The Supreme Court, in its opinion written by Justice Breyer, first looked at the language of three provisions of the Act: Section 13(b) which was added to the Act in 1973 and allows the FTC to proceed directly to court (before issuing a cease and desist order) to obtain a “temporary restraining order or preliminary injunction” and to also ... Web22 Mar 2024 · As described by th e FTC, Section 6 (b) of the FTC Act “plays a critical role in protecting consumers,” and broadly authorizes the Commission to obtain information – or “special reports” – about certain aspects of a company’s business or industry sector. Web14 Nov 2024 · The FTC largely derives its enforcement authority from Section 5 of the FTC Act, which has two prongs: the first addresses consumer protection, based on the “unfair or deceptive acts or practices” statutory language, and the second addresses primarily antitrust, based on the “unfair methods of competition” (“UMC”) statutory language. This … csp sac warden