FTC
FTC Sues Live Nation & Ticketmaster for Engaging in Illegal Ticket Resale Tactics and Deceiving Artists and Consumers about Price and Ticket Limits
The Federal Trade Commission and seven states sued Live Nation and Ticketmaster for tacitly coordinating with brokers and allowing them to harvest millions of dollars worth of tickets in the primary market. Live Nation and Ticketmaster then sell the illegally harvested tickets at a substantial markup in the secondary market, causing consumers to pay significantly…
Read MoreFTC Data Shows Consumers Report Losing $2.7 Billion to Social Media Scams Since 2021
New data from the Federal Trade Commission shows that scams originating on social media have accounted for $2.7 billion in reported losses since 2021, more than any other contact method. In a new data spotlight, the FTC also takes a deep dive into social media scam trends in the first half of 2023. Reports during…
Read MoreFTC Announces Claims Process for Consumers Whose Credit Reports Were Misused by Home Security Firm Vivint
The Federal Trade Commission is sending notices to more than 9,000 people that they may be eligible for compensation stemming from the Commission’s settlement with home security company Vivint Smart Home, Inc. over charges that the company misused credit reports to help customers to obtain financing. Vivint violated the Fair Credit Reporting Act (FCRA) by misusing credit…
Read MoreTelemarketer Fees to Access the FTC’s National Do Not Call Registry to Increase in FY 2024
The fees for telemarketers accessing phone numbers on the National Do Not Call (DNC) Registry will increase in FY 2024, which starts on October 1, 2023. All telemarketers calling consumers in the United States are required to download the numbers on the National DNC Registry to ensure they do not call consumers who have registered…
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