Federal Trade Commission

The Federal Trade Commission (FTC) is an independent agency of the United States government, established in 1914 by the Federal Trade Commission Act. Its principal mission is the promotion of consumer protection and the elimination and prevention of anticompetitive business practices, such as coercive monopoly.The Federal Trade Commission Act was one of President Woodrow Wilson's major acts against trusts. Trusts and trust-busting were significant political concerns during the Progressive Era. Since its inception, the FTC has enforced the provisions of the Clayton Act, a key antitrust statute, as well as the provisions of the FTC Act, 15 U.S.C. § 41 et seq.
Posts about Federal Trade Commission
    • Is Computer Tech Support Really Calling to Help You?

      Does the thought of losing everything on your computer leave you queasy? That’s the anxiety fraudsters attempt to exploit with tech support scams – and it’s conduct the Federal Trade Commission (FTC) and law enforcement partners are challenging through 16 civil and criminal (yes, criminal) actions announced as part of Operation Tech Trap.

      Prince Law Offices, P.C.- 6 readers -
  • Identity Theft in Texas: Laws and Consequences

    … of court costs, fines, and restitution payments. Restitution A person charged with identity theft may be given a restitution order. Payment of restitution acts as compensation for the victims losses. The award for restitution depends on the courts determination of a victim’s losses. The Difference between Identity Theft and Other Types of Fraud While…

    Matthew Sharp/ The Law Office of Matthew D. Sharp- 11 readers -
  • Protecting Personal Information: A Guide for Business

    … The Federal Trade Commission (FTC) has published an updated version of its Protecting Personal Information: A Guide for Business. A sound data security plan is built on 5 key principles: TAKE STOCK. Know what personal information you have in your files and on your computers. SCALE DOWN. Keep only what you need for your business. LOCK…

    Prince Law Offices, P.C.- 9 readers -
  • FTC Offers Advice on How to Avoid and Respond to Ransomware Attacks

    … Following its recent workshop on Ransomware – malicious software that denies access to computer files until the victim pays a ransom – the Federal Trade Commission (FTC) is offering tips on how consumers and businesses can protect devices and respond to ransomware. The FTC offers How to defend against ransomware to help consumers. Businesses…

    Prince Law Offices, P.C.- 11 readers -
  • FTC Issues Long–Awaited Patent Troll Study

    … the patent troll problem in court and in Congress: Courts should use their authority under the Federal Rules of Civil Procedure to manage patent troll cases in a way that minimizes the costs to defendants early in the litigation, and so reduces the pressure to settle based on the cost of litigation, not the value of the underlying invention…

    David Swetnam Burland/ Brann & Isaacson- 8 readers -
  • National Consumer Protection Week

    … Prince Law Offices, P.C. and the Federal Trade Commission (FTC) — working with more than 100 federal, state and local agencies, consumer groups, and national organizations — will spotlight efforts to protect consumers from fraud, identity theft and other consumer issues during National Consumer Protection Week (NCPW), March 6-12, 2016. For 18…

    Prince Law Offices, P.C.- 13 readers -
  • ASUS Settles FTC Charges Routers Put Consumers’ Privacy At Risk

    … ASUSTeK Computer, Inc. (ASUS) has agreed to settle Federal Trade Commission charges that critical security flaws in its routers put the home networks of hundreds of thousands of consumers at risk. The administrative complaint also charges that the routers’ insecure “cloud” services led to the compromise of thousands of consumers’ connected…

    Prince Law Offices, P.C.- 16 readers -
  • Identity Theft Assistance

    … Identity theft victims can now go online and get a free, personalized identity theft recovery plan as a result of significant enhancements to the Federal Trade Commission’s IdentityTheft.gov website. The new one-stop website is integrated with the FTC’s consumer complaint system, allowing consumers who are victims of identity theft to rapidly…

    Prince Law Offices, P.C.- 19 readers -
  • FTC takes on toothless encryption claims for dental practice software

    … On January 5, 2016, the Federal Trade Commission (FTC) announced a data security proposed settlement. When a company promises to encrypt dentists’ patient data, but fails to live up to established standards, it shouldn’t come as a surprise that the FTC would bristle. A $250,000 proposed settlement with Henry Schein Practice Solutions, Inc…

    Prince Law Offices, P.C.- 17 readers -
  • FTC’s $100 million settlement with LifeLock

    … Today, the Federal Trade Commission (FTC) released the following: The law may not authorize the use of light sabers, but to protect consumers and ensure that companies comply with existing orders, the FTC will use the forces within its power. It’s a lock that the agency’s $100 million settlement with LifeLock – one of the largest redress orders…

    Prince Law Offices, P.C.- 15 readers -
  • 5 Careless Credit Mistakes Millennials Make

    … it’s due, whatever is left over will be reported as delinquent. FAILING TO MONITOR YOUR CREDIT A Federal Trade Commission study of the U.S. credit reporting industry concluded that 25% of consumers had errors on one of their three major credit reports. With 322,583,006 people in America that means that more than 80 million Americans have…

    The Law Offices of Robert J Nahoum- 31 readers -
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