Business Insights
Blog posts of business insights and news.
How much for that sofa? Read the fine print.
by Lisa Lake Consumer Education Specialist, FTC If you need furniture or appliances but don’t have the cash to buy them outright, you might be thinking about other payment options. If you do, pay attention to terms written in fine print that might have you paying much more than you thought. Read more > Sourcing …
Deceptive pain claims remain a bane
By: Lesley Fair For decades the FTC has been warning people about online ports, portals, and pop-ups that can be conduits for questionable claims. But companies shouldn’t think we’ve taken our eye off another potential doorway for deception: direct mail. According to an FTC lawsuit, a group of seven U.S. and Canadian defendants used glossy …
Putting the brakes on unproven superiority claims
If you say you’re better, you’d better be better – and you’d better have appropriate proof to back up that claim. That’s a takeaway tip for businesses from the FTC’s proposed settlement with Federal-Mogul Motorparts, LLC. Michigan-based Federal-Mogul sells a wide variety of auto parts, including Wagner OEx brake pads – an after-market product bought and …
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Now more than ever, spot the scams with #FTCScamBingo
lDuring the Coronavirus outbreak, many people are working from home — and maybe even, for the first time in a long time, answering calls from unfamiliar phone numbers. It might be your colleague’s cell phone…or it might be a robocaller or scammer. So here’s a way you can spot some of those scam calls you …
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