Federal Trade Commission Act

(redirected from FTC Act)

Federal Trade Commission Act

a US statute that controls unfair competition and established an administrative agency, the Federal Trade Commission. While the SHERMAN ACT and the CLAYTON ACT are essentially criminal provisions, this provision allows for ‘cease and desist’ orders stopping a practice and injunctions and associated penalties for contempt of court.
References in periodicals archive ?
MFI-DC looks for violations of RESPA, TILA, HOEPA, HMDA, FCRA, FACTA, the FTC Act, ECOA, FHA, and SCRA.
Vest, violated the FTC Act by deceptively advertising two products for cancer patients: CellAssure, to treat cancer-related malnutrition, and Cognify, to treat chemo fog.
In its original complaint, the Commission claimed that AT&T violated the FTC Act by billing customers for hundreds of millions of dollars in charges originated by outside companies.
violated Section 5 of the FTC Act when it required entrants in its Pinterest contest to pin images of Cole Haan products in order to enter the contest.
their principals, Stephen Cheng and Gregory Cynaumon, and business partner and product formulator Shawn Talbott violated the FTC Act by making deceptive efficacy claims for CortiSlim and CortiStress.
27, 1999), the Fourth District Court of Appeal held that Florida's Little FTC Act is for the protection of only in-state consumers.
S 53(b), to secure a permanent injunction, rescission of contracts and restitution, disgorgement of ill-gotten gains, and other equitable relief against Defendants for engaging in unfair or deceptive acts or practices in violation of Sections 5(a) of the FTC Act, 15 U.
and Netcore Solutions LLC were charged with violating the FTC Act and the FTCs Business Opportunity Rule.
The FTC has been involved in data security since 2002, when it began overseeing these matters under the purview of the FTC Act, which disallows deceptive practices.
Without comprehensive legislation, the FTC has taken the lead on privacy regulation, using its authority under Section 5 of the FTC Act to police things like online data tracking.
3] FDUTPA further provided that in construing those provisions, due consideration and great weight shall be given to the interpretations of the FTC and the federal courts relating to the FTC act.
The complaint alleges the dealerships violated the FTC Act by misrepresenting many claims, including that: No down payment was required; The advertised low monthly payments were available to consumers who financed their purchases; The advertised interest rates, monthly payments, and other terms were available to consumers with bad credit; and Certain new 2016 Toyotas were available for purchase at the time of the ads in 2017.