2010 Guidelines More Accurately Represent Agencies’ Merger Review Process
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The Federal Trade Commission has issued its annual report to the Federal Reserve Board on FTC enforcement and related activities regarding the Equal Credit Opportunity Act (ECOA), Electronic Fund Transfer Act (EFTA), Consumer Leasing Act (CLA), and Truth in Lending Act (TILA).
Excessive Default-Related Fees Allegedly Violated Earlier Countrywide Settlement
Marketers Settle Charges They Deceived More Than 13,000 Consumers
Agency Sends Letter to Marketers of Six Apps for Background Screening
Allegedly Charged Illegal Up-Front Fee, Took Consumers’ Money Without Their Consent
Defendants Ordered to Pay Almost $10 Million; Billed Consumers Without Their Consent
Cards Failed to Deliver the Advertised Minutes
Following a public comment period, the Federal Trade Commission has approved a final order settling charges that Laboratory Corporation of America Holdings’ (LabCorp) proposed acquisition of rival firm Orchid Cellmark Inc. (Orchid) would have illegally reduced competition in the U.S. market for paternity testing services provided to government agencies.
Agency Cautions Consumers: Be Wary of Job Offers that Charge Fees
Firm Also Will Notify Consumers with “Time-Barred” Debt That It Will Not Sue to Collect