Scammers ordered to pay thousands in restitution, barred from offering services in Delaware Attorney General Kathy Jennings announced Tuesday that the Department of Justice’s Consumer Protection Unit (CPU) has reached a settlement with two California-based companies requiring them to stop advertising and selling mortgage loan modification and debt relief services in Delaware and to provide […]
The bill has a provision for endorsers, under which they cannot be held liable for false and misleading ads if they are found to have done due diligence before signing the deal.
These channel partnerships have been done in a phased manner, with Flipkart being the first e-commerce platform to enable the availability of its essential products in Mumbai, Bengaluru and Delhi.
Direct-to-consumer prescription drug advertising is prevalent and affects patient care. Previous research that examined its effect on the patient-provider relationship predates many changes in the advertising and medical landscape that have occurred in the last decade, such as the rise in online promotion and the push for value-based medicine.
We conducted a nationally representative mail-push-to-web survey of 1744 US adults in 2017 to explore how patients view the effects of direct-to-consumer prescription drug advertising on patient-provider interactions.
Most respondents (76%) said they were likely to ask a health care provider about advertised drugs; 26% said they had already done so. Among the 26% of respondents who talked to a health care provider about a specific prescription drug they saw advertised, 16% said they received a prescription for the advertised drug. Few respondents (5%) reported that advertising had caused conflict with a health care provider, 16% said it had caused them to question their provider’s advice, and 23% said they were likely to look for a different provider if their provider refused to prescribe a requested brand name drug.
These results suggest that direct-to-consumer advertising is driving some patients to discuss specific products with their health care providers but that most patients do not believe advertising has a negative influence on the patient-provider interaction itself.
Washington, D.C. – Consumer Protection and Commerce Subcommittee Chair Jan Schakowsky (D-IL) and Ranking Member Cathy McMorris Rodgers (R-WA) today announced that the Subcommittee will hold a teleconference forum on Monday, May 11, at 12 p.m. (EDT) with Federal Trade Commission (FTC) Chairman Joseph J. Simons to discuss critical consumer protection issues related to the COVID-19 pandemic. “The COVID-19 pandemic has brought about significant consumer protection concerns that fall under the purview of the FTC, including COVID-19 related scams, price gouging, privacy and data security issues, and more,” Schakowsky and McMorris Rodgers said. “We look forward to hearing from Chairman Simons about the steps FTC is taking to ensure consumers are protected during this pandemic.” This forum is open to the press. Credentialed reporters interested in listening to the forum live should RSVP to Evan.Gilbert@mail.house.gov by 5 pm on Friday, May 8. ###
The Consumer Protection Working Group, formed under President Barack Obama’s Financial Fraud Enforcement Task Force (FFETF), convened its first meeting in Washington, D.C., today to address consumer fraud, which can financially cripple households and can cause extensive losses to our economy.
The Justice Department’s Consumer Protection Branch recovered more than $913 million in criminal and civil fines, penalties, and restitution in 2011, Tony West, Assistant Attorney General for the Civil Division, announced today.
"For me, and for today’s Department of Justice, protecting American consumers is a top priority. And, as we’ve rededicated ourselves to this work in recent years, we’ve also learned some essential lessons," said Attorney General Holder.
3M Co. abandoned its plan to acquire Avery Dennison Corp.’s Office and Consumer Products Group, its closest competitor in the sale of adhesive-backed labels and sticky notes, after the Department of Justice informed the companies that it would file a civil antitrust lawsuit to block the deal.
The Justice Department’s Consumer Protection Branch secured nearly $2 billion in criminal fines, forfeiture, restitution, and civil disgorgement in 2012, Stuart F. Delery, Principal Deputy Assistant Attorney General for the Civil Division, announced today at the Consumer Protection Working Group’s Second Annual Consumer Protection Summit.
"We have made protecting consumers a centerpiece of the Department’s overall anti-fraud efforts because consumer fraud affects ordinary people every day and can devastate victims," said Principal Deputy Assistant Attorney General Delery.
A New York woman was sentenced to 19 months in prison today for her role in a scheme to defraud consumer product manufacturers.
The Consumer Product Safety Improvement Act (CPSIA), as passed by the US Congress in August, 2008, inadvertently threatens to take many handmade toys and children's clothing items off the market. According to the
Consumer Price Index Cpi in Somalia increased to 116.55 points in March from 114.13 points in February of 2020. Consumer Price Index Cpi in Somalia averaged 112.27 points from 2018 until 2020, reaching an all time high of 117.01 points in June of 2019 and a record low of 106.24 points in January of 2018. The most important categories in the Somali consumer price index are Food & Non-Alcoholic Beverages (46 percent of the total weight) and Housing, Water, Electricity & Gas (23 percent), followed by Clothing & Footwear (5 percent), Health (5 percent), Transport (4 percent), Furnishing, Households & Maintenance (3 percent), Communication (3 percent), Tobacco & Narcotics (1 percent), and Recreation & Culture (1 percent). This page provides - Somalia Consumer Price Index CPI- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Consumer Price Index Cpi in Burundi increased to 115.60 points in January from 114.30 points in December of 2019. Consumer Price Index Cpi in Burundi averaged 100.26 points from 2012 until 2020, reaching an all time high of 117.60 points in October of 2017 and a record low of 79.30 points in December of 2012. This page provides - Burundi Consumer Price Index Cpi- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Consumer Price Index CPI in Angola increased to 286.75 points in March from 281.53 points in February of 2020. Consumer Price Index CPI in Angola averaged 71.80 points from 1997 until 2020, reaching an all time high of 286.75 points in March of 2020 and a record low of 0.10 points in February of 1997. In Angola, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. This page provides - Angola Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.
G20 finance ministers have agreed new principles on financial consumer protection developed by the OECD. “Without consumer trust and confidence we could jeopardise the basis for global economic recovery and growth,” said OECD Secretary-General Angel Gurría.
This event addressed cutting-edge policy issues and research ideas to advance consumer protection globally. Discussions will focus on mobile, online and digital payment systems; behavioural and decision-making insights; and, frameworks for treating consumers fairly.
4-5 February 2016 - Mumbai, India: This seminar addressed emerging frameworks for financial consumer protection across Asia; financial markets and better outcomes for consumers; improving policy by analysing consumer complaints data; technology and alternative delivery channels and promoting financial consumer protection, inclusion and investor education.
This paper looks at the application of behavioural economics in the area of financial consumer protection and how numerous governments are testing and implementing its application for policies promoting financial consumer protection. It highlights the opportunity for behavioural economics to help provide cost-efficient ways of making policy more effective at promoting positive outcomes for consumers.
This report discusses the implications of the digitalisation of finance for financial education and relevant consumer protection issues and provides an overview of digital financial services around the world.
Hanoi, Vietnam, 3-4 October 2017. This conference provided a forum to discuss best practices on developing financial education and consumer protection in Vietnam and other Southeast Asian countries.
The increasingly digital environment for financial products and services and the potential for digitalisation to support greater financial inclusion and inclusive growth, makes effective financial consumer protection more important than ever. This policy guidance focuses on areas related to the role of oversight bodies and disclosure and transparency.
21/11/2018 - The OECD is currently updating its 1977 Recommendation on Consumer Protection in the field of Consumer Credit to ensure that it remains the relevant international standard. The draft text is available for public comment until 21 December 2018.
26-27 November 2018, Vientiane, Lao People's Democratic Republic. The conference will provide a forum to discuss best practices on developing financial education and consumer protection in supporting financial inclusion in Lao P.D.R and other Southeast Asian countries.
Consumer Price Index Cpi in Rwanda increased to 137 points in March from 134.52 points in February of 2020. Consumer Price Index Cpi in Rwanda averaged 103.53 points from 2009 until 2020, reaching an all time high of 137 points in March of 2020 and a record low of 79.84 points in February of 2009. This page provides - Rwanda Consumer Price Index Cpi- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Consumer Price Index Cpi in Brunei increased to 99.20 points in November from 99.10 points in October of 2019. Consumer Price Index Cpi in Brunei averaged 99.34 points from 2015 until 2019, reaching an all time high of 100.70 points in December of 2015 and a record low of 98.40 points in June of 2019. This page provides - Brunei Consumer Price Index Cpi- actual values, historical data, forecast, chart, statistics, economic calendar and news.
OECD annual inflation picks up to 2.2% in August 2017, driven by food and energy prices