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Opinion: We Take Credit Report Accuracy Seriously
By not in system - AOL News(Aug. 18) -- As the economy continues to struggle, consumers are keeping a close watch on their personal financial matters. So it seems a good time to remind consumers that federal law currently provides many rights and protections for consumers that allow them to review and correct information in their credit report. Here are a few suggestions for consumers. ANOTHER VIEW Lawmakers missed a chance with the financial reform bill rein in problems plaguing credit reports, says David Fagin. In managing their personal financial matters, consumers should periodically review the information ...
Lawmakers Call for Google Buzz Investigation
By David Knowles - AOL News(March 30) -- The buzz on Google Buzz hasn't been all that pretty. Since the early-February launch of the Mountain View, Calif., company's integrated social networking, Web browsing and e-mail hybrid, Google has received terrible press and thousands of complaints from users. It also has found itself the target of a class-action lawsuit claiming that users' privacy rights were violated when Google Buzz shared personal information with other users. Now, 11 members of Congress are calling on the Federal Trade Commission to launch an investigation into how the alleged privacy breach occurred ...
FTC Cracks Down on Free Credit Reports That Aren't Free
By David Sessions - Politics DailyThe Federal Trade Commission announced Tuesday new disclosure rules for Web sites that advertise free credit reports but then quietly bill customers for "credit monitoring services." The new rule, crafted to enforce a law Congress passed in 2009, requires sites like FreeCreditReport.com to display a large yellow banner on their home pages directing consumers to a site where they can obtain an annual free credit report -- with no strings attached. Though the trade commission has often regulated deceptive advertising on television and product packaging, the credit report disclosure rule marks ...
Google Buzz Spawns Class-Action Lawsuit
By David Knowles - AOL News(Feb. 18) -- This was not the buzz that Google wanted to hear. A class-action lawsuit was filed at a San Jose, Calif., federal court on Wednesday, alleging that Google's new e-mail and social networking hybrid, Buzz, violated privacy laws. Google, which is based in Mountainview, Calif., launched Buzz on Feb. 9 and within hours had received a wave of bad press and user complaints regarding the way the program automatically shared potentially private information without a user's approval. Initially, when a person signed up for Buzz, the program generated a list of contacts with whom a user ...
Opinion: Will Fed's Intel Suit Help Consumers?
By not in system - AOL News(Dec. 17) – When the Federal Trade Commission decided to sue computer chip maker Intel this week, among its chief complaints were that Intel used exclusive deals and bundled prices and other tactics to keep rival chip maker Advanced Micro Devices from gaining market share and, as the FTC says, denying "consumers access to potentially superior, non-Intel CPU chips and lower prices." Intel's behavior sound terrible. And the suit follows a number of other complaints by the European Union, New York state and private parties. But the FTC's action is just the latest example of the ...
FTC Forces Bloggers to Reveal Payment for Endorsements
By David Sessions - Politics DailyAfter not updating its endorsement rules in three years, the Federal Trade Commission issued new regulations Monday that for the first time require blogs offering reviews and endorsements to disclose when such promotion is done for payment. Under the new rules, a blog could face an $11,000 fine each time it endorses a product or service without revealing that it has been paid by the company or individual promoting the product. Consumer advocates say the new regulations will make it easier for consumers to tell the difference between sponsored sales pitches and objective writing in an age when ...
FTC Plans to Study Journalism's Woes -- and That's a Problem
By Bob Franken - Politics DailyThe Federal Trade Commission is scheduling public workshops on the media -- two full days to examine the problems of journalism. Please permit me to be subtle: What a DUMB idea!!! This is the Federal Trade Commission we're talking about.The New York Times reports the sessions, scheduled for December, are designed to "play a facilitating and public education role in gathering together various disciplines and perspectives to talk about the crisis in mainstream journalism." ...
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