Additional sessions of the FTC Hearings initiative are anticipated to include such topics as innovation and intellectual property policy, privacy and big data, artificial intelligence and predictive analytics.
In January 2018, the Commodity Future Trading Commission initiated legal action against My Big Coin Pay, Inc. MGC is the creator of the My Big Coin virtual currency. The CFTC alleged that MBC engaged in fraudulent virtual currency practices by making a number of false claims in violation of, without limitation, the Commodity Exchange Act. … Continue reading Court Rules Virtual Currencies Can Be Regulated as Commodities
In 2017, in a matter that has been highly-publicized for its potential impact upon data security-related liability, the Federal Trade Commission initiated legal action against D-Link for the latter’s alleged failure to implement reasonable precautions to secure its routers and Internet-protocol cameras from. The court dismissed a number of the FTC’s causes of action, including … Continue reading More Challenges to FTC’s Data Security Authority
New York AG Pursues Online Ticket Resale Companies According to the New York Attorney General, TicketNetwork and Ticket Galaxy deceived New York consumers into purchasing non-existent tickets at inflated prices. According to the OAG, New York consumer placed more than 96,000 orders through speculative ticket programs between 2012 and 2018. The Complaint can be seen, … Continue reading Recent State Attorney General Activity
FTC advertising compliance and defense lawyer Richard B. Newman was extensively quoted in Communications Daily in an article entitled “FTC Hearing Called Potential Turning Point.” The article addresses the Federal Trade Commission public hearings concerning whether broad-based changes in the economy, evolving business practices, new technologies and international developments might require adjustments to competition and … Continue reading Richard B. Newman Quoted in Communications Daily on FTC Hearings