Commissioner @RKSlaughterFTC is giving introductory remarks. #FuneralsFTC
@RKSlaughterFTC On to the first panel: Online Disclosures: Is it Needed? The Pros/Cons.
Participants:
· Lacyn Barton, Service Corporation International
· Dr. Hari P. Close, II, National Funeral Directors & Morticians Association
· Chris Farmer, National Funeral Directors Association
#FuneralsFTC
@RKSlaughterFTC Participants (cont.):
· Poul Lemasters, International Cemetery, Cremation & Funeral Association
· Sarah Pojanowski, Selected Independent Funeral Homes
· Erin Witte, Consumer Federation of America
· Moderator: FTC's Rebecca Plett #FuneralsFTC
We're taking a break and will be back at 11:15am EST! #FuneralsFTC
We're back! Kicking off a discussion about, if online disclosures are required, such a requirement should be implemented. Watch live: Agenda: #FuneralsFTCbit.ly/3R9m2S8 bit.ly/3rc4Lgq
Participants:
- Effie Anolik, Afterword
- Jim Bates, Funeral Consumers Alliance of North Texas
- Layng Guerriero, and #FuneralsFTCAskTheDirector.com FuneralKinetics.com
Participants:
- Barbara Kemmis, Cremation Association of North America
- Isabel Knight, National Home Funeral Alliance
- Moderator: FTC's Melissa Dickey #FuneralsFTC
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FTC says Ring employees illegally surveilled customers, failed to stop hackers from taking control of users' cameras. Under proposed order, Ring will be prohibited from profiting from unlawfully collected consumer videos, pay $5.8M in consumer refunds: bit.ly/3qm0J4A /1
FTC charged home security camera company Ring with compromising customers’ privacy by allowing any employee or contractor to access customers’ private videos /2
It also failed to implement basic privacy and security protections which enabled hackers to take control of consumers’ accounts, cameras and videos, FTC says /3
#BREAKING: FTC seeks to block Microsoft Corp.’s acquisition of Activision Blizzard, Inc.: bit.ly/3VGqSWA /1
Agency alleges that maker of Xbox would gain control of top video game franchises, enabling it to harm competition in high-performance gaming consoles and subscription services by denying or degrading rivals’ access to its popular content /2
FTC’s complaint notes that the $69 billion deal, Microsoft’s largest ever and the largest ever in the video gaming industry, would enable it to suppress competitors to its Xbox gaming consoles and its rapidly growing subscription content and cloud-gaming business /3
Business Before Commission: 1. Regulatory Review of Guides for Use of Environmental Marketing Claims: Commission will vote on whether to publish an FRN commencing a regulatory review of Guides for the Use of Environmental Marketing Claims, or the “Green Guides.” #FTCMeeting /2
2. Data Security Presentation: The Chief Technology Officer’s team will give a presentation on FTC’s efforts to refine its approach to data security by building on the solid foundations of safety engineering and a set of controls that address risks systemically. #FTCMeeting /3
#BREAKING: @FTC launches inquiry into prescription drug middlemen industry. Agency to scrutinize impact of vertically integrated Pharmacy Benefit Managers on the access and affordability of medicine: bit.ly/3mlNH1J#PBMs /1
FTC will launch an inquiry into the prescription drug middleman industry, requiring the 6 largest #PBMs to provide information and records regarding their business practices. /2
Agency will send compulsory orders to CVS Caremark; Express Scripts, Inc.; OptumRx, Inc.; Humana Inc.; Prime Therapeutics LLC; and MedImpact Healthcare Systems, Inc. #PBMs /3
ICYMI: FTC looks to modernize its guidance on preventing digital deception. As companies wrongly invoke the guide to justify deception, agency seeks public input on possible revisions around #DarkPatterns & other deceptive tactics: bit.ly/3aIT6gK#marketing#advertising
FTC staff is seeking comment on the following:
- use of sponsored and promoted advertising on social media;
- advertising embedded in games and virtual reality and microtargeted advertisements; /2
- ubiquitous use of dark patterns, manipulative user interface designs used on websites and mobile apps, and in digital advertising that pose unique risks to consumers;
- whether current guidance adequately addresses advertising on mobile devices; /3
New: FTC sues Intuit for its deceptive Turbotax “free” filing campaign. Commission seeks an immediate halt to Intuit’s deceptive ads for “free” products: bit.ly/3NGDVUm
Commission alleges the company’s ubiquitous advertisements touting their supposedly “free” products—some of which have consisted almost entirely of the word “free” spoken repeatedly—mislead consumers into believing that they can file their taxes for free with TurboTax. /2
Most tax filers can’t use company’s “free” service b/c it is not available to millions of taxpayers, such as those who get a 1099 form for work in gig economy, or those who earn farm income. In 2020, for example, approx. 2/3 of tax filers could not use TurboTax’s free product. /3