Bureau of Competition: Endorsements, Influencers, and Reviews
The FTC is refunding more than $580,000 to consumers across the country who bought indoor TV antennas and signal amplifiers marketed online with allegedly deceptive claims that the products would allow the consumers to cancel their cable service and still receive their preferred channels for free. The March 2021 complaint alleged that Wellco, Inc. and its owner and CEO, George M. Moscone violated the FTC Act by making deceptive performance claims for their antennas and signal amplifiers and using deceptive consumer endorsements and web pages that looked like objective news reports. The products were sold online under the brand names TV Scout, SkyWire, SkyLink, and Tilt TV.
Thursday, February 17, 2022
Bureau of Consumer Protection: Proposed Rulemaking on Earnings Claims
Citing prior enforcement activity against multilevel marketing companies, work-from-home and other business opportunity companies, the FTC launched a rulemaking proceeding to regulate false money-making claims used to lure consumers, workers, and prospective entrepreneurs into what the FTC called “risky business ventures that often turn into dead-end debt traps.” If finalized, a rule in this area would allow the Commission to recover redress for defrauded consumers, and seek steep penalties against the multilevel marketers, for-profit colleges, “gig economy” platforms, and other bad actors. The FTC stated that this rulemaking is in response to...
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https://www.retailconsumerproductslaw.com/2022/02/ftc-updates-february-14-18-...