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GRIP Extra: Apple drops encryption for UK market in response to access demands, SEC mulls dropping Coinbase lawsuit
Other news includes FTC launching an enquiry into censorship allegations, China investigates Google, Singapore’s markets benefit from President Trump’s night owl habits.
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FTC finds “world’s first robot lawyer” failed to live up to its claims
Order against DoNotPay prohibits it from making deceptive claims and requires it to notify past subscribers of the deficient nature of its service.
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FTC chairman appoints key senior staff
Andrew Ferguson names directors of the bureaus of competition and consumer protection as well as the FTC’s general counsel.
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GRIP Extra: Wise ordered to pay $2.5m CFPB fine, FTC Chairman says “DEI is over”
Other news includes the CFPB mulling moves to prevent debanking, cybercrime websites being seized by EU authorities, and Blackstone staying the course on data center investment.
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FTC sets sights on deceptive claims that lure people into purported “opportunities”
The agency is proposing changes to the business opportunity rule and the rule covering deceptive earnings claims in response.
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Andrew N Ferguson appointed as FTC Chairman
New chair replaces Lina Khan effective 20 January.
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GRIP Extra: DoJ settles with American Express, Supreme Court upholds TikTok ban
Other news includes a host of CFPB settlements, an OCC fine against former Wells Fargo execs, and a massive fine against Toyota for emission reporting deception.
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FTC alleges substance abuse clinic used online ads to pose as other clinics
Evoke Wellnesss and two of its executives sued by the regulator for the use of deceptive Google search ads and telemarketing.