Three news stories summarized & contextualized by analytic journalist Colin Wright.Amazon sued by FTC and 17 states over allegations it inflates online prices and overcharges sellersSummary: E-commerce giant Amazon has been sued by the US Federal Trade Commission and 17 states on allegations of monopolistic abuse of power.Context: This lawsuit is the result of a years-long investigation, and is considered to be a substantial threat to the company; the primary complaint is that Amazon has used its centrality to the online sales world to incentivize sellers to not offer lower prices on their goods elsewhere, to bury less-expensive options on their own listings, to charge sellers increasingly high fees, to force merchants to raise their prices over time—on and off Amazon—and to compete with folks selling on Amazon in anti-competitive ways; there are also allegations of replacing search results with ads, positioning their own brands over often better versions of the same from other companies, and overall just utilizing its position of power to kill off competition; Amazon controls something like 40% of the US e-commerce market, and Amazon has said this is an overstep by the FTC, and that it has done nothing illegal.—The Associated PressOne Sentence News is a reader-supported publication. To support my work, consider becoming a free or paid subscriber.Spotify is going to clone podcasters' voices and translate them to other languagesSummary: Audio-streaming company Spotify has announced a new partnership with ChatGPT developer OpenAI that will allow them to clone the voices of podcasters, with those podcasters' permission, and then use those voices to create dubs of their shows in different languages.Context: The announcement included example, translated episodes from well-known podcasters like Lex Fridman, Bill Simmons, and Monica Padman, and though this isn't a completely novel generative AI utility—other, smaller companies are offering similar services, many using the same OpenAI Whisper tool that Spotify's using—Spotify is a behemoth in this space, and even if these dubs are imperfect (and they absolutely are) this could open up a whole lot of currently English-language content to folks who speak other languages, and it could, if made widely available and cheap or free, make audio content in any language available to folks who speak every other language, expanding the reach of all such content, and the ideas and personalities and information it carries.—The VergeDonald Trump found liable for fraud in New York civil caseSummary: A New York State Supreme Court judge has found former US President Trump liable for fraud for consistently overstating the value of his assets in financial statements, allowing him to fraudulently attain favorable terms on loans and other financial tools over the years.Context: Trump allegedly overstated the value of his wealth by as much as $2.2 billion a year, and the New York attorney general is seeking a fine of $250 million; Trump has denied any wrongdoing, and has indicated that he may appeal the ruling, though the judge has basically ruled that there doesn't need to be a trial—the documents show that Trump has been doing what he's been accused of doing—and subsequent proceedings will focus on the size of the fine; if this ruling stands, it could result in Trump losing the ability to do business in New York, and it's probably important to note that this is a civil trial, not a criminal one, so this doesn't represent another indictment—it's separate from the four indictments he currently faces in other courts.—ReutersThe exodus of ethnic Armenians from Nagorno-Karabakh—a region long-governed by a separatist government, but recently retaken by the Azerbaijani military—continues, with tens of thousands of people flooding across the border into Armenia, fearing ethnic cleansing, and a gas station explosion (crowded by people filling up their tanks as they flee) that has killed dozens of people and injuring scores more adding to the chaos.—The Conversation1,500Approximate number of troops the French government will pull from Niger following the country's military coup in July.The new Nigerian government demanded France withdraw these troops soon after it took control, believing them to be a possible threat (they're in the area to help fight extremist militant groups in the area, having worked with the previous Nigerian government toward this end) but the French government slow-walked a response until now.Niger is now one of a trio of military dictatorship-led governments in western Africa, and the removal of French troops is being seen as a potential opening for other outside influences, like Russia, which might step in to take their place.—ReutersTrust Click Get full access to One Sentence News at onesentencenews.substack.com/subscribe
Get ready to have your mind blown as we probe the dizzying advancements in AI and technology, from Chat GPT's latest voice capabilities to Elon Musk's audacious Neuralink project. We guarantee you'll be left in awe and terrified by the implications of these innovations. Chat GPT, pushing the limits of what voice assistants can do, is giving Amazon and Google a run for their money, while Neuralink is trialing brain implants that may change life as we know it. There's more to it, and our resident medical technologist, James Riddle, shares his insights.This episode isn't all about AI and tech, though. We also focus on the evolving gaming industry and the gritty battle actors are waging for fair wages and protection from exploitative AI use. The drama continues as we peel back the layers of Getty Images' strategic approach to the threats and opportunities posed by AI within their business realm. They're not just sitting back; they're partnering with California Tech Company and Chipmaker NVIDIA to launch their AI image generator. Are you intrigued yet?Lastly, we ease back from the tech world to celebrate Lumberjack Day, indulging in the sublime taste of Old Forrester 100 Proof Signature Bottle. We dive into the story of its founder, George Galvin Brown. So join us for this gripping conversation on technology, laced with a dash of whiskey and served for the everyday person.Episode 172: Starts at 1:29Episode 172: This week on TechTime with Nathan Mumm®, ChatGPT can hear, see, and talk. Elon Musk's start-up Neuralink seeks people for brain-implant trials. James Riddle, our TechTime Medical Technologist, has a few thoughts to share on this and more as he is back on "Ask the Expert." Then, we explore Getty's new AI, a library of human-made photos, and more strikes in Hollywood as Video Game Actors Vote' Yes' on authorization.Join us on TechTime Radio with Nathan Mumm, the show that makes you go "Hmmm" Technology news of the week for September 24th - 30th, 2023--- [Now on Today's Show]: Starts at 3:11--- [Top Stories in Technology]: Starts at 6:08 You can now speak aloud to ChatGPT and hear the artificial intelligence-powered chatbot talk back - https://tinyurl.com/4295cn9mVideo Game Actors Vote ‘Yes' on Strike Authorization - https://tinyurl.com/bdz8ut7hGetty the Seattle-based company is taking a two-pronged approach to AI's threat and opportunity to its business - https://tinyurl.com/73v93v3j --- [Pick of the Day - Whiskey Tasting Reveal]: Starts at 22:06Old Forester 100 Proof "Signature" | 100 Proof | $25.99--- [Ask the Expert with James Riddle]: Starts at 25:01We get the information directly from James on Elon Musk's Neuralink chip that is ready to embark on its first clinical trial, and more. --- [This Week in Technology]: Starts at 40:16September 25, 1973, Micro Computer Machines of Canada introduces their MCM/70 --- [Marc's Whiskey Mumble]: Starts at 42:40Marc Gregoire's review of this week's whiskey --- [Technology Fail of the Week]: Starts at 47:00This week's “Technology Fail” comes to us from Amazon. The Federal Trade Commission accuses Amazon, the internet giant, of protecting an online retail monopoly.--- [Mike's Mesmerizing Moment brought to us by StoriCoffee®]: Starts at 49:23--- [Nathan Nugget]: Starts at 52:06Buying and selling used PC parts is a time-honored tradition|--- [Pick of the Day Whiskey Review]: Starts at 54:06Old Forester 100 Proof "Signature" | 100 Proof | $25.99Marc: Thumbs UpNathan: Thumbs Up
Amazon is being sued by 17 U.S. states and the Federal Trade Commission for allegedly monopolizing online sales, keeping prices artificially high and squeezing out competitors. What might the case mean for consumers and big tech monopolies?
The US Federal Trade Commission filed a long-anticipated antitrust complaint alleging that Amazon uses its power over sellers to keep ecommerce prices artificially high. Thanks for listening to WIRED. Talk to you next time for more stories from WIRED.com and read this story here. Learn more about your ad choices. Visit megaphone.fm/adchoices
Hosts: Leah Murray and Derek Brown Since we bill ourselves as the best two hours of radio for you to learn all the things you need to know, we have chosen a number of stories that happened today that we thought we should break down. From President Biden joining the picket line to the Federal Trade Commission suing Amazon, Leah and Derek go through them one by one, just like speed dating—but the news version.See omnystudio.com/listener for privacy information.
Impersonator scams are on the rise. Kerry O'Brien, Regional Director of the Federal Trade Commission's Western Region, says more and more people are losing money to scammers who pretend to be from your bank, Amazon, or web protection services. Kerry says do NOT click on any hyperlink sent to you via text or email. You can learn how to identify scams at Consumer.FTC.gov. And if you've lost money to a scammer you need to report to the FTC, here. You can follow this show on Instagram and on Facebook. And to see what Heather does when she's not talking money, go to her personal Twitter page. Be sure to email Heather your questions and request topics you'd like her to cover here.See omnystudio.com/listener for privacy information.
The US Federal Trade Commission has accused Amazon of wielding monopolistic control over online markets, JPMorgan Chase said it settled lawsuits related to its dealings with Jeffrey Epstein's human trafficking operation, and the FT's Lauren Fedor explains what's at stake with a looming US government shutdown. Plus, sterling hit a six-month low against the dollar. Mentioned in this podcast:FTC lawsuit accuses Amazon of wielding monopoly power over online retailJPMorgan settles Jeffrey Epstein lawsuits with US Virgin Islands and Jes StaleyLawmakers warn that US is heading for shutdown as budget talks stallMoody's warns federal shutdown would be ‘negative' for US debt ratingSterling heads for worst month since Liz Truss's ‘mini'-BudgetUnhedged podcastThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT's executive producer. The FT's global head of audio is Cheryl Brumley. The show's theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
According to a lawsuit filed Tuesday by the Federal Trade Commission and 17 states, “Amazon is a monopolist.” They say Amazon uses strategies that prevent sellers on its online marketplace from lowering prices on other platforms and compels them to use Amazon’s logistics service to be eligible for Amazon Prime. Marketplace's Lily Jamali spoke to Neil Chilson, the former chief technologist at the FTC and currently a research fellow at the Center for Growth and Opportunity, about the FTC's lawsuit. He said Amazon's argument will likely hinge on the amount of value they've created for consumers and sellers.
The Federal Trade Commission has sued Amazon claiming its online marketplace is a monopoly. WSJ reporter Dana Mattioli explains the claims. Plus, Google faces its own antitrust suit over its search engine. WSJ reporter Miles Kruppa discusses how the tech giant, which turns 25 today, is dealing with recent challenges. Zoe Thomas hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices
Yesterday the Federal Trade Commission dropped its long-awaited case against Amazon. In a massive legal complaint, federal antitrust officials outlined exactly why they believe Amazon is a monopoly, and how it has used its market power to kneecap its competitors. Former FTC chair Bill Kovacic gives host Steven Overly his download on the case.
Hosts: Leah Murray and Derek Brown The DWS on Utah's unemployment rates and job opportunities Yesterday we had the President of the Salt Lake Chamber talking about how immigration is their top priority because we have such low unemployment rates and businesses are looking to hire. But that begs the question: Is it really true that no one in Utah can't find a job if they didn't want one? Mark Knold, Chief Economist with the Utah Department of Workforce Services walks us through the unemployment rates and how they're filling in current jobs that are seeking workers. Pickleball is on the rise Pickleball has swept the world. It's one of the fastest growing sports on the planet right now. Salt Lake City has added 18 new courts over the course of two years, and there is no end in sight. Everyone is looking for a place to play. Jackson Bell, Vice President of the Pickleball Club at the University of Utah, joins the show to explain what exactly pickleball is and why it's such a fast-growing sport. General Conference Special Preview: Swiping Left on Danger General Conference is this weekend, and this entire week KSL is promoting specials that are happening in concert with the Conference. KSL NewsRadio Reporter Aimee Cobabe joins the show to talk about what she's preparing and how it ties into the special she produced for the last Conference. New York judge rules Trump committed fraud A judge overseeing a $250 million lawsuit against former President Donald Trump ruled that he and his company committed fraud by inflating his net worth in business transactions, narrowing the scope of what the state's attorney general must prove at an upcoming civil trial. KSL Legal Analyst Greg Skordas breaks down the case. Speed dating: the news version Since we bill ourselves as the best two hours of radio for you to learn all the things you need to know, we have chosen a number of stories that happened today that we thought we should break down. From President Biden joining the picket line to the Federal Trade Commission suing Amazon, Leah and Derek go through them one by one, just like speed dating—but the news version. An infant found abandoned at the US/Mexico border One of the conversations we are always having in this country is about the border of the United States with Mexico. Today we learned of a two-month-old infant that was found abandoned at the border. Is any work being done to address this issue? How is this affecting the budget discussion in the House? NewsNation's Southwest Correspondent Ali Bradley joins the show with the details. Previewing the second Republican presidential debate The second Republican presidential debate for the 2024 election is happening tomorrow. Derek and Leah review everything you need to know to stay up to date, from the requirements to attend to the actual attendees. Building bipartisan relationships through pickleball We've talked about the rising popularity of pickleball… It's so popular that a bipartisan group of senators are now coming together—and setting politics aside—to play for fun. It's called the Senate pickleball caucus, and quite a lot of senators participate in it. Leah and Derek discuss the significant role that pickleball—and any other sport—plays when it comes to building bipartisan relationships.See omnystudio.com/listener for privacy information.
The Federal Trade Commission has brought a landmark antitrust suit against Amazon. The Verge's Makena Kelly and former FTC director Bill Baer explain how it's part of chair Lina Khan's effort to change the way the US regulates monopolies. This episode was produced by Amanda Lewellyn and Haleema Shah, edited by Amina Al-Sadi, fact-checked by Hady Mawajdeh and Jon Ehrens, engineered by David Herman, and hosted by Sean Rameswaram. Transcript at vox.com/todayexplained Support Today, Explained by making a financial contribution to Vox! bit.ly/givepodcasts Learn more about your ad choices. Visit podcastchoices.com/adchoices
The Rich Zeoli Show- Full Episode (09/27/2023): 3:05pm- Philadelphia Municipal Judge Wendy Pew dismissed all charges against former Philadelphia police officer Mark Dial who was accused of shooting and killing Eddie Irizarry during a traffic stop last month. Philadelphia District Attorney Larry Krasner announced he will appeal the decision. In the aftermath of the decision, the city saw widespread looting in Center City, the Northeast, and West Philadelphia—targeting stores like Foot Locker, Lululemon, Apple, and Fine Wine & Good Spirits. According to a report from The Philadelphia Inquirer, police arrested more than twenty people. You can read more here: https://www.inquirer.com/news/philadelphia/center-city-police-teens-stealing-apple-store-20230926.html 3:30pm- In response to the wide-spread looting in Philadelphia on Tuesday night, a clip of far-left Congresswoman Alexandria Ocasio Cortez has gone viral. In the 15-second video, Ocasio Cortez shamefully excuses looting and theft—arguing that people “just want to feed their families.” 3:45pm- While speaking with Bill Maher, Democrat political strategist James Carville accused the far-left of being “habitually, the most stupid people.” Maher expanded on the thought explaining that in 2023, preventing hurt feelings is more important than protecting freedom of speech. 3:55pm- During a press conference reacting to wide-spread looting throughout Philadelphia on Tuesday night, Interim Police Commissioner John Stanford said: “It's disgusting. We made arrests and we're going to continue to make arrests.” 4:05pm- Matt Lamb—Associate Editor at The College Fix—joins The Rich Zeoli Show to discuss his latest article, “Brown University Celebrates A Cop Killer.” Lamb writes, “Brown University will honor cop murderer [Mumia] Abu-Jamal (real name Wesley Cook) with a special exhibit highlighting his life and how it fits into concerns about ‘mass incarceration.'” You can read the full article: https://www.thecollegefix.com/brown-university-to-honor-cop-killer-with-three-day-celebration/ 4:20pm- CNN Chief Law Enforcement and Intelligence Analyst John Miller reacted to Tuesday night looting in Philadelphia, explaining that theft is “going up in cities where you have these policies and people realize this is just like shopping without money” Will cities start to crack down on retail theft? 4:30pm- According to a disturbing Bloomberg report, the CIA is building an artificial intelligence tool that will be able to gather and meticulously sort through public information. Citizens will not be able to utilize the tool. You can read the report here: https://www.bloomberg.com/news/articles/2023-09-26/cia-builds-its-own-artificial-intelligence-tool-in-rivalry-with-china?leadSource=uverify%20wall 4:40pm- Robert Bork Jr.—President of the Antitrust Education Project & President of the Bork Communication Group—joins The Rich Zeoli Show to discuss his latest editorial on RealClearPolitics, “Will Khan Break Amazon—Or Will Her Lawsuit Break Her?” On Tuesday, the Federal Trade Commission announced they have filed an antitrust suit against Amazon, alleging that the online retailer is a monopoly and harms consumers by artificially inflating prices. Bork notes that the FTC Chairwoman made her name by criticizing Amazon in the Yale Law Journal several years ago. Bork also explains that it will be difficult for the FTC to prove that Amazon is hurting consumers when their prices are typically 15% less than their competitors. You can read Bork's full article here: https://www.realclearpolitics.com/articles/2023/09/23/will_khan_break_amazon__or_will_her_lawsuit_break_her_149798.html 5:05pm- The Rich Zeoli Show closes in on 2 million podcast downloads since moving to afternoons—we are, evidently, huge in Somalia and Ethiopia! 5:10pm- Philadelphia Municipal Judge Wendy Pew dismissed all charges against former Philadelphia police officer Mark Dial who was accused of shooting and killing Eddie Irizarry during a traffic stop last month. Philadelphia District Attorney Larry Krasner announced he will appeal the decision. In the aftermath of the decision, the city saw widespread looting in Center City, the Northeast, and West Philadelphia—targeting stores like Foot Locker, Lululemon, Apple, and Fine Wine & Good Spirits. According to a report from The Philadelphia Inquirer, police arrested more than twenty people. You can read more here: https://www.inquirer.com/news/philadelphia/center-city-police-teens-stealing-apple-store-20230926.html 5:30pm- On X, House Oversight Committee Chairman James Comer (R-KY) revealed that he has “obtained two bank wires revealing Hunter Biden received payments originating from Beijing in 2019 when Joe Biden was running for President. Joe Biden's Delaware home is listed as the beneficiary address for both money wires from China.” You can read Comer's full statement here: https://twitter.com/RepJamesComer/status/1706777879290290624 5:40pm- Rich destroys appetites by sharing a horrifying image of “Meatball”—Philadelphia's latest viral sensation—with Matt and Henry. 5:50pm- While speaking from the House floor, Rep. Chip Roy (R-X) addressed the seemingly imminent government shutdown. He stated: “My colleagues on the other side of the aisle complain about shutdown— yet they are the masters of shutdown. They shut down and brought to a halt the great American economy resulting in exactly what you're experiencing right now…in terms of inflation, in terms of inability to afford homes, inability to afford gasoline, inability to afford power. Those are the mandates that the American people are concerned about. Those are the unfunded mandates that are killing their way of life right now at home.” 6:05pm- Philadelphia Municipal Judge Wendy Pew dismissed all charges against former Philadelphia police officer Mark Dial who was accused of shooting and killing Eddie Irizarry during a traffic stop last month. Philadelphia District Attorney Larry Krasner announced he will appeal the decision. In the aftermath of the decision, the city saw widespread looting in Center City, the Northeast, and West Philadelphia—targeting stores like Foot Locker, Lululemon, Apple, and Fine Wine & Good Spirits. According to a report from The Philadelphia Inquirer, police arrested more than twenty people. You can read more here: https://www.inquirer.com/news/philadelphia/center-city-police-teens-stealing-apple-store-20230926.html 6:10pm- According to reports, Target will close nine stores nationally in response to unmitigated thefts in major cities which have cost the retail store an estimated $700 million. 6:15pm- In response to the wide-spread looting in Philadelphia on Tuesday night, a clip of far-left Congresswoman Alexandria Ocasio Cortez has gone viral. In the 15-second video, Ocasio Cortez shamefully excuses looting and theft—arguing that people “just want to feed their families.” 6:30pm- While speaking with reporters on Capitol Hill, Rep. Byron Donalds (R-FL) declared the proposed Senate continuing resolution “dead-on-arrival” if it ever makes it to the House of Representatives. 6:35pm- While speaking with Bill Maher, Democrat political strategist James Carville accused the far-left of being “habitually, the most stupid people.” Maher expanded on the thought explaining that in 2023, preventing hurt feelings is more important than protecting freedom of speech. 6:40pm- While appearing on MSNBC with Joy Reid, Sen. John Fetterman (D-PA) addressed Republican criticisms of his Senate wardrobe, saying that he wouldn't care if Ted Cruz, for example, dressed like Spider-Man.
The Rich Zeoli Show- Hour 2: Matt Lamb—Associate Editor at The College Fix—joins The Rich Zeoli Show to discuss his latest article, “Brown University Celebrates A Cop Killer.” Lamb writes, “Brown University will honor cop murderer [Mumia] Abu-Jamal (real name Wesley Cook) with a special exhibit highlighting his life and how it fits into concerns about ‘mass incarceration.'” You can read the full article: https://www.thecollegefix.com/brown-university-to-honor-cop-killer-with-three-day-celebration/ CNN Chief Law Enforcement and Intelligence Analyst John Miller reacted to Tuesday night looting in Philadelphia, explaining that theft is “going up in cities where you have these policies and people realize this is just like shopping without money” Will cities start to crack down on retail theft? According to a disturbing Bloomberg report, the CIA is building an artificial intelligence tool that will be able to gather and meticulously sort through public information. Citizens will not be able to utilize the tool. You can read the report here: https://www.bloomberg.com/news/articles/2023-09-26/cia-builds-its-own-artificial-intelligence-tool-in-rivalry-with-china?leadSource=uverify%20wall Robert Bork Jr.—President of the Antitrust Education Project & President of the Bork Communication Group—joins The Rich Zeoli Show to discuss his latest editorial on RealClearPolitics, “Will Khan Break Amazon—Or Will Her Lawsuit Break Her?” On Tuesday, the Federal Trade Commission announced they have filed an antitrust suit against Amazon, alleging that the online retailer is a monopoly and harms consumers by artificially inflating prices. Bork notes that the FTC Chairwoman made her name by criticizing Amazon in the Yale Law Journal several years ago. Bork also explains that it will be difficult for the FTC to prove that Amazon is hurting consumers when their prices are typically 15% less than their competitors. You can read Bork's full article here: https://www.realclearpolitics.com/articles/2023/09/23/will_khan_break_amazon__or_will_her_lawsuit_break_her_149798.html
The U.S. government and 17 states sued Amazon on Tuesday in a landmark case that could take down the tech giant.The Federal Trade Commission and a bipartisan group of state attorneys general say that Amazon is a monopolist that chokes competitors and raises costs for both sellers and shoppers.Lina Khan, the head of the Federal Trade Commission, has spent years arguing that a few big companies have too much control over corporate America. The new lawsuit against Amazon is the biggest test of these arguments yet. NPR's Ari Shapiro talks to FTC Chair Lina Khan, the driving force behind the case.
The Federal Trade Commission and 17 states brought a sweeping lawsuit against Amazon, accusing it of violating antitrust laws. It's the federal government's latest suit aimed at curbing the power of Big Tech. The FTC and states allege Amazon illegally built and maintained a monopoly that harms customers and competitors. Geoff Bennett discussed more with John Newman of the FTC Bureau of Competition. PBS NewsHour is supported by - https://www.pbs.org/newshour/about/funders
According to a lawsuit filed Tuesday by the Federal Trade Commission and 17 states, “Amazon is a monopolist.” They say Amazon uses strategies that prevent sellers on its online marketplace from lowering prices on other platforms and compels them to use Amazon’s logistics service to be eligible for Amazon Prime. Marketplace's Lily Jamali spoke to Neil Chilson, the former chief technologist at the FTC and currently a research fellow at the Center for Growth and Opportunity, about the FTC's lawsuit. He said Amazon's argument will likely hinge on the amount of value they've created for consumers and sellers.
In episode #262 of The Hormone P.U.Z.Z.L.E Podcast, our guests Tallene & Sirak talk about Navigating Polycystic Ovary Syndrome for Health and Fertility (using the PCOS Weight Loss Method). More about Tallene & Sirak: Tallene is a Registered Dietitian who specializes in PCOS weight loss. She was diagnosed with PCOS when she was 18, but after much research and experience, she reversed her symptoms and now helps other women do the same. Tallene and her husband, Sirak, who is a PCOS personal trainer, focus on helping women with PCOS learn how to thrive, symptom-free. They have developed an app called The Cysterhood, which hosts the largest community of PCOS women learning how to lose weight and manage PCOS. Sirak is a PCOS Personal Trainer and a strong supporter of women struggling with PCOS. He has taken his skills as an engineer and applied his creative genius to editing and producing the content within our membership and social media channels. He co-hosts our podcast and brings a light hearted and understanding approach to PCOS management. When Tallene and Sirak met, he swept her off her feet with the slow, weighted workout approach that has now become part of the PCOS Weight Loss Method. Thank you for listening! This episode is made possible by Puzzle Brew's Fertility Tea: https://coachkela.com/fertility-tea Follow Tallene & Sirak on Instagram: @pcos.weightloss Get your FREE Quiz: What's your PCOS type HERE. Follow Dr. Kela on Instagram: @kela_healthcoach Get your FREE Fertility Meal Plan: https://coachkela.com/ FTC Affiliate Disclaimer: The disclosure that follows is intended to fully comply with the Federal Trade Commission's policy of the United States that requires to be transparent about any and all affiliate relations the Company may have on this show. You should assume that some of the product mentions and discount codes given are "affiliate links", a link with a special tracking code This means that if you use one of these codes and purchase the item, the Company may receive an affiliate commission. This is a legitimate way to monetize and pay for the operation of the Website, podcast, and operations and the Company gladly reveals its affiliate relationships to you. The price of the item is the same whether it is an affiliate link or not. Regardless, the Company only recommends products or services the Company believes will add value to its users. The Hormone Puzzle Society and Dr. Kela will receive up to 30% affiliate commission depending on the product that is sponsored on the show. For sponsorship opportunities, email HPS Media at email@example.com
It seems like every day there's a new warning about financial scams circulating, with the scammers getting more and more creative. Many people think that it could never happen to them, and then they find themselves on the phone with their bank trying to recoup their losses. On the latest episode of PennyWise, host Nat Cardona is joined by Kimberly Palmer of NerdWallet with tips on how to avoid falling for common scams and what to do in case you do. Read more on NerdWallet here! About this program Nat Cardona is host of PennyWise as well as Lee Enterprise's true-crime podcast Late Edition: Crime Beat Chronicles. Lee Enterprises produces many national, regional and sports podcasts. Learn more here. Episode transcript Note: The following transcript was created by Adobe Premiere and may contain misspellings and other inaccuracies as it was generated automatically: Welcome to Pennywise a Lee Enterprises podcast. I'm your host, Nat Cardona. One of the biggest mistakes when it comes to protecting yourself from financial scams is thinking you're too smart to be duped by one. It can literally happen to anyone, regardless of age or circumstance. I mean, come on. There are a lot of sophisticated scams out there. But thankfully, Nerdwallet personal finance writer Kimberly Palmer joins us today with a few key strategies to help keep you safe. Man, those scammers are really sneaky out there. Let's talk about that. If you get a call from your bank, probably not legit. Let's go into that. Exactly. One of the most common scams out there is your bank or some kind of financial institution calling you. But it's not really your bank. It's someone. It's a scam artist, essentially impersonating your bank. And because they can be so convincing, they actually convince people who have picked up the phone to share their personal information, share things like passwords, Social Security numbers, all kinds of personal details that they then use to steal your money or steal your identity. And so you want to be so careful whenever you get a phone call from anyone or a text message or an email you want to verify who it is. So actually, even though it feels rude, you want to say, I'm going to hang up and call my bank myself, and then you get the verified number on the back of your bank card or wherever you have it and call yourself. And that's the only way to really know who you're talking to. Right. And just for clarity sake. Scammers can spoof numbers. I've had this happen personally where it says your banking institution, it's the exact same number, whatever, one 800 number calling you. But again, it's you should call that not the other way around. Exactly. I'm so glad you mentioned that, because it can be so convincing. And also, when you get that call, they are often the most pleasant kind of sounding customer service reps you've ever spoken to. But it's all a scam. Just trying to get to trying to trick you. Right. Right. And a lot of that comes back to general security practices, especially when you're banking online and on your phone and all of that jazz. Any tips there? The most important thing is just to make sure that you are constantly monitoring your own accounts, because often the first sign of a scam is even a really small deduction, like a $5 deduction that you don't recognize. And it's a way for the scam artists to really test if they can go bigger and subtract more money from your account. So you want to be regularly reviewing your credit card statements, your banking statements, most importantly, to look for anything you don't recognize. And if there is something that seems out of place, you want to call and investigate because then you can shut down. If there is a scam starting to take place, you can shut that down. And then also you want to just be sure that you have strong passwords across all your accounts. Set up two factor authentication so a person can't log in with only the password but needs to get that code. Also texted or emailed to you as well just to make sure all those accounts are safe. Yeah, I 100% agree with that. That two factor authentication authentication is just that has changed my life and given me such a peace of mind just because there's so many goofy things that people are trying to get at us. Let's go into that. The common scams that might come your way. Aside from the banking one that we mentioned, anything you want to add there? It's really helpful, I think, to know what those common scams are. So every year, the Federal Trade Commission basically puts out a list of the top scams. And so they include things like impersonating institutions like we talked about. Also fake sweepstakes. So someone you get in a letter or an email saying that you won something, but of course it's just a way to get your personal information. Fake job postings, especially for remote work that has really taken off and then, sadly, romance scams. So if you're, you know, online dating have a profile, you ought to be really careful about whoever is reaching out to you. Definitely. If it's good, too good to be true in any sense. It's it is. It always is the one thing and I wonder if it fits here. I just personally experienced this lesson a week ago. I was selling some stuff on Facebook Marketplace and there are like the cash app scams, whether it be Venmo or Zelle, where people will comment on your post right away message you and then they are trying to get. It's a crazy swapping of information like they're they want your, you know, whatever email or phone number you use with your cash app account. And then there's I had to look into this whole thing because it happened repeatedly and I was like, What the heck is going on? And it was the yeah, I think I don't remember what, but some site that protects people was explaining that yes, this is a scam that people do. Again, it's just like trying to get a hold of your information in this really roundabout way and it can really cut you off guard when you feel like you're in the right place doing the right thing. So just lots. It's so frustrating. And you think that you're, you know, connecting with a real person, but it actually turns out to be just the scammer. Yeah. Yeah. It's the it's the mental pretzel stuff. Like, it's hard to trust anyone sometimes, but let's say you one of those scams that you mentioned has come across your your computer screen or your phone. What do you do in that case? Well, the first thing you want to do, if you actually have shared any of your personal details, is to immediately alert your bank. You might your bank will probably suggest that you change your bank account, you know, shut down the old one or the new one just to keep that money safe. If you have actually shared anything with anyone who has contacted you and then you want to report it, because if we report scams, it makes it easier for the authorities to track them, to find patterns and of course, to track down these scam artists. And so there's a whole bunch of places you can report scams to the Federal Trade Commission, your state attorney general's office, the FBI, even your local police station, just like any theft. And so you definitely want to do that. Unfortunately, when you do have money stolen from you in this way, it can be really hard to recover it. And so even if you do report it to the police station, it doesn't mean you'll necessarily see that money again. Sadly, that's the really tragic thing about these scams. But you might be helping other people, you know, prevent this fraud from continuing. Definitely. It's one of those things it's okay to be hyper about and be very, very cautious about. Do you have your walls and guards up? I'm all there. Yes, exactly. And I think one interesting thing is that it can really happen to anyone. There's so much kind of shame and embarrassment around scams because you feel like it's your fault for falling for something. But I think that it's so important to let go of that feeling of embarrassment and shame, because really anyone can fall for a scam. These scam artists have gotten so sophisticated that it's not your fault at all. You shouldn't, you know, be embarrassed. And we just want to try to prevent it from happening again. Thank you for imagining that, because I know people that have had that experience and I've had that experience myself where I just got duped, that I never very good, but you live, you learn. Support the show: https://omny.fm/shows/pennywiseSee omnystudio.com/listener for privacy information.
Exoticos, wrestlers who dressed in drag and served as comic relief in lucha libre, won over audiences thanks to Saul Armendariz (aka Cassandro). He's the subject of a new biopic. The Federal Trade Commission and 17 states are suing Amazon, alleging that it holds a monopoly on online retail. This comes after the DOJ sued Google recently. Some 13,000 UAW workers are off the job, demanding better pay and more job security. Their key issue: the shift from gas powered-vehicles to electric. New furniture is often made with cheap, flimsy materials, even those from West Elm and Restoration Hardware. Where can consumers find reliable, affordable options?
Taylor Barkley, Director of Technology and Innovation with the Center for Growth and Opportunity, explains the parameters of a Federal Trade Commission anti-trust suit against Amazon. Then, Red Jahncke discusses the crushing cost of government waste.
Our headline story for this episode of the Cyberlaw Podcast is the U.K.'s sweeping new Online Safety Act, which regulates social media in a host of ways. Mark MacCarthy spells some of them out, but the big surprise is encryption. U.S. encrypted messaging companies used up all the oxygen in the room hyperventilating about the risk that end-to-end encryption would be regulated. Journalists paid little attention in the past year or two to all the other regulatory provisions. And even then, they got it wrong, gleefully claiming that the U.K. backed down and took the authority to regulate encrypted apps out of the bill. Mark and I explain just how wrong they are. It was the messaging companies who blinked and are now pretending they won. In cybersecurity news, David Kris and I have kind words for the Department of Homeland Security's report on how to coordinate cyber incident reporting. Unfortunately, there is a vast gulf between writing a report on coordinating incident reporting and actually coordinating incident reporting. David also offers a generous view of the conservative catfight between former Congressman Bob Goodlatte on one side and Michael Ellis and me on the other. The latest installment in that conflict is here. If you need to catch up on the raft of antitrust litigation launched by the Biden administration, Gus Hurwitz has you covered. First, he explains what's at stake in the Justice Department's case against Google – and why we don't know more about it. Then he previews the imminent Federal Trade Commission (FTC) case against Amazon. Followed by his criticism of Lina Khan's decision to name three Amazon execs as targets in the FTC's other big Amazon case – over Prime membership. Amazon is clearly Lina Khan's White Whale, but that doesn't mean that everyone who works there is sushi. Mark picks up the competition law theme, explaining the U.K. competition watchdog's principles for AI regulation. Along the way, he shows that whether AI is regulated by one entity or several could have a profound impact on what kind of regulation AI gets. I update listeners on the litigation over the Biden administration's pressure on social media companies to ban misinformation and use it to plug the latest Cybertoonz commentary on the case. I also note the Commerce Department claim that its controls on chip technology have not failed, arguing that there's no evidence that China can make advanced chips “at scale.” But the Commerce Department would say that, wouldn't they? Finally, for This Week in Anticlimactic Privacy News, I note that the U.K. has decided, following the EU ruling, that U.S. law is “adequate” for transatlantic data transfers. Download 473rd Episode (mp3) You can subscribe to The Cyberlaw Podcast using iTunes, Google Play, Spotify, Pocket Casts, or our RSS feed. As always, The Cyberlaw Podcast is open to feedback. Be sure to engage with @stewartbaker on Twitter. Send your questions, comments, and suggestions for topics or interviewees to CyberlawPodcast@gmail.com. Remember: If your suggested guest appears on the show, we will send you a highly coveted Cyberlaw Podcast mug! The views expressed in this podcast are those of the speakers and do not reflect the opinions of their institutions, clients, friends, families, or pets.
President Joe Biden encouraged autoworkers on the UAW picket line in Michigan. A judge has dropped all charges against an officer who shot and killed a man during a traffic stop in Philadelphia last month. The US Supreme Court rejected Alabama's latest attempt to avoid creating another majority-Black congressional district. The Federal Trade Commission and 17 states hit Amazon with a major antitrust lawsuit – we have details. And, we have new developments on the humanitarian crisis unfolding in the breakaway region of Nagorno-Karabakh.To learn more about how CNN protects listener privacy, visit cnn.com/privacy
P.M. Edition for Sept. 26. President Biden gave an unprecedented show of support for the United Auto Workers union, joining striking workers on the picket line in Michigan today, a day ahead of an expected visit to auto workers by former President Donald Trump. And the Federal Trade Commission sues Amazon, alleging an illegal online monopoly. Reporter Dana Mattioli explains why it is a milestone case. Plus, investors in big pharma are seeing big potential in weight-loss drugs. Markets reporter Charley Grant has the story. Annmarie Fertoli hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices
Because getting pregnant is only half the battle, staying pregnant is the other half. For this season, we've decided to add a special episode every month dedicated about how to have a healthy happy pregnancy, birth and postpartum. If you are still in the process of fighting infertility and you feel triggered by this episode, please skip it until you are ready. Breastfeeding & Fertility with Hannah Bowers Episode #263 of The Hormone P.U.Z.Z.L.E Podcast is a special episode where our guest speaker Hannah Bowers talks about Breastfeeding & Fertility. Each month one episode is dedicated for pregnant women to teach them how to have a healthy happy pregnancy, birth and postpartum. Hannah Bowers is an Integrative Nutrition Health Coach, Certified Lactation Counselor, host of the Baby Dust Fertility Podcast, and writer who is passionate about supporting women from preconception and infertility through postpartum. Thank you for listening! This episode is made possible by @healthyhappypregnancysummit Follow Hannah on Instagram: @hannahbowersinhc Follow Dr. Kela on Instagram - @kela_healthcoach Get your FREE Pregnancy Meal Plan https://coachkela.com/ FTC Affiliate Disclaimer: The disclosure that follows is intended to fully comply with the Federal Trade Commission's policy of the United States that requires to be transparent about any and all affiliate relations the Company may have on this show. You should assume that some of the product mentions and discount codes given are "affiliate links", a link with a special tracking code This means that if you use one of these codes and purchase the item, the Company may receive an affiliate commission. This is a legitimate way to monetize and pay for the operation of the Website, podcast, and operations and the Company gladly reveals its affiliate relationships to you. The price of the item is the same whether it is an affiliate link or not. Regardless, the Company only recommends products or services the Company believes will add value to its users. The Hormone Puzzle Society and Dr. Kela will receive up to 30% affiliate commission depending on the product that is sponsored on the show. For sponsorship opportunities, email HPS Media at firstname.lastname@example.org
In the ever-evolving landscape of cybercrime, the Business Email Compromise (BEC) has emerged as a potent weapon for hackers and scammers to dismantle businesses and siphon off enormous sums of money. A recent incident involving a US hoser operating from Brazil highlights the gravity of this threat. This individual's audacious $3 million BEC scheme played out like a thriller, involving doppelganger tactics, international wire transfers, and a successful hoodwinking of an oil company that parted with a staggering $651,000, thinking it was headed to Portugal. However, this story isn't just a remote incident that you can brush aside. BEC, as the name suggests, compromises the very essence of business communication through emails. In this article, we will delve into the world of BEC attacks, exploring how they work and how hackers like the hoser in Brazil use your email to deceive and steal. But that's not all; we'll also touch upon some surprising connections, including the intersection of BEC with the world of computer-controlled cars, Tesla hacks, and the critical role of patching to defend against these threats. As if this wasn't intriguing enough, we'll also discuss the implications of ChatGPT and OpenAI's AI models coming under the scrutiny of the Federal Trade Commission (FTC), and how this relates to the broader BEC landscape. Additionally, we'll explore the sobering projection that jobs might be lost by the 2030s due to cyber threats like BEC. Lastly, we'll unveil the unsettling revelation that even our cars may not be immune to spying attempts, further emphasizing the pervasive nature of the BEC threat. Buckle up as we embark on a journey through the shadowy world of BEC, where the stakes are high, and the perpetrators stop at nothing to live "high on the hog." This is not just a threat to businesses; it's a threat to every individual and entity that relies on email for communication and transactions. Stay informed, stay vigilant, and protect your business from becoming the next target, subscribing to my Insider Mail, and here's a link to the latest article: The Latest on Business Email Compromise You can also catch Craig at the following stations and channels: With Jim Polito at 0836 on Tuesdays WTAG AM 580 - FM 94.9 Talk 1200 News Radio 920 & 104.7 FM WHJJ NewsRadio 560 WHYN WXTK Craigs Show Airs 0600 Saturday and Sunday With Jeff Katz 1630 - Tuesdays WRVA 96.1 FM, 1140 AM WGAN Matt Gagnon 0730 Wednesdays Craigs Show Airs 1700 Saturday WGIR 610 & News Radio 96.7 Chris Ryan 0730 Mondays Craigs Show Airs 1130 Saturday On the Internet: Tune-In (WGAN) Radio.com (WRVA) iHeartRadio (WGIR, WTAG, and other stations)
In what's being cited as the biggest leak in the company's history, Microsoft revealed a massive amount of information about forthcoming Xbox refreshes, next-gen systems, and more after uploading a series of unredacted documents to a court website as part of the ongoing Federal Trade Commission v. Microsoft case. We discuss the headlines included in the leaks and wonder...is any of it REALLY news??We'll also be talking about how series creator Ed Boon promises that the widely panned port of Mortal Kombat 1 on the Nintendo Switch will be fixed, how Unity has apologized for its install fee policy and says it "will be making changes" to it, and how the original Call of Duty Warzone is shutting down for good this week.Finally, in News Rewind, we look at the New York Times article "The Gaming of Violence," published on April 30, 1999.We love our sponsors! Please help us support those who support us!- Check out the Retro Game Club Podcast at linktr.ee/retrogameclub- Connect with CafeBTW at linktr.ee/cafebtw- Visit A Gamer Looks At 40 at linktr.ee/agamerlooksat40Hosts: @donniegretro, @retrogamebrews, wrytersviewOpening theme: "Gamers Week Theme" by Akseli TakanenPatron theme: "Chiptune Boss" by @donniegretroClosing theme: "Gamers Week Full-Length Theme" by Akseli TakanenSupport the show
Our special guest is Andrew Nigrinis, PhD, who formerly served as Enforcement Economist for the Consumer Financial Protection Bureau. We first discuss what is meant by “dark patterns” and the types of digital practices identified by the CFPB and Federal Trade Commission as “dark patterns.” We then look at the CFPB ‘s position regarding the use of “dark patterns” as an unfair, deceptive, or abusive act or practice under the Consumer Financial Protection Act, the FTC's position regarding the use of “dark patterns” as anticompetitive and/or a violation of the FTC Act prohibition of unfair or deceptive acts or practices, and the relationship between “dark patterns” and behavioral economics. We also look at other federal laws that may be used to target “dark patterns,” CFPB and FTC enforcement actions involving “dark patterns,” and state regulation of “dark patterns.” We conclude with a discussion of best practices for companies to consider in avoiding legal challenges based on “dark patterns” claims. Alan Kaplinsky, Senior Counsel in Ballard Spahr's Consumer Financial Services Group, hosts the conversation, joined by Michael Gordon, Of Counsel in the Group, and Ed Rodgers, a partner in the firm's Antitrust and Competition Group.
Welcome to America's leading higher education podcast where we talk trending legal, regulatory and compliance matters - EdUp Legal! YOUR host is Deborah Solmor This episode marks the first in a new series called Monthly Meetups with Michele where Deborah and Michele will chat about trending legal, regulatory and compliance topics related to higher education marketing. In this episode they breakdown the difference between the Federal Communications Commission (FCC) and Federal Trade Commission (FTC), and dive into each agency's purpose and priorities as they relates to marketing activities. Listen in to #EdUpLegal Listen in each week to get the buzz on the trending higher education legal, regulatory, and compliance questions without the legalese. We make higher education LegalEASY. Join YOUR EdUp community at The EdUp Experience! We make Education YOUR business
Earlier this summer, the Justice Department and Federal Trade Commission (FTC) released a draft update of their Merger Guidelines, “which describe and guide the agencies' review of mergers and acquisitions to determine compliance with federal antitrust laws.” Maggie Goodlander from the Justice Department joins the podcast to discuss why mergers can weaken competition and harm consumers and workers, and how these proposed guidelines can help bring competition back by making it harder for big corporations to swallow each other up. Maggie Goodlander is the Deputy Assistant Attorney General at the U.S. Department of Justice where she oversees the international, appellate, and policy work of the Antitrust Division. Twitter: @TheJusticeDept Justice Department And FTC Seek Comment on Draft Merger Guidelines https://www.justice.gov/opa/pr/justice-department-and-ftc-seek-comment-draft-merger-guidelines Website: http://pitchforkeconomics.com Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick's twitter: @NickHanauer
In episode #261 of The Hormone P.U.Z.Z.L.E Podcast, our guest Lauren Haring talks about Why You Should Hire an IVF Coach. More about Lauren: A fertility nurse since 2004, serving 16 years at a world-renowned clinic, Lauren Haring brings a medical background and front-line experience most coaches don't have. With almost two decades of experience on the front lines, Lauren saw the need for more comprehensive fertility support. Clinics are often at capacity performing essential services which led her to create Embrace Fertility in 2019, bridging the gap between clinical care and true integrative fertility support. An invaluable ally, Lauren uses her extensive professional background to guide and educate you, help you advocate for yourself, and calm your fears each and every step of your IVF journey. She is here to discuss ALL of your IVF concerns and fertility goals in a safe, non-judgmental space - the ups, downs, and everything in between! A member of ASRM, RESOLVE, and continuously bringing awareness and educating about reproductive options to the community. Thank you for listening! This episode is made possible by Puzzle Brew's Fertility Tea: https://coachkela.com/fertility-tea Follow Lauren on Instagram: @embraceyourfertility Get your FREE Questions To Ask Before IVF List HERE. Follow Dr. Kela on Instagram: @kela_healthcoach Get your FREE Fertility Meal Plan: https://coachkela.com/ FTC Affiliate Disclaimer: The disclosure that follows is intended to fully comply with the Federal Trade Commission's policy of the United States that requires to be transparent about any and all affiliate relations the Company may have on this show. You should assume that some of the product mentions and discount codes given are "affiliate links", a link with a special tracking code This means that if you use one of these codes and purchase the item, the Company may receive an affiliate commission. This is a legitimate way to monetize and pay for the operation of the Website, podcast, and operations and the Company gladly reveals its affiliate relationships to you. The price of the item is the same whether it is an affiliate link or not. Regardless, the Company only recommends products or services the Company believes will add value to its users. The Hormone Puzzle Society and Dr. Kela will receive up to 30% affiliate commission depending on the product that is sponsored on the show. For sponsorship opportunities, email HPS Media at email@example.com
Microsoft's proposed acquisition of Activision Blizzard was controversially blocked in its original form by the UK Competition and Markets Authority. What was the CMA's rationale and how has the investigation played out since then? Bruce Kilpatrick, partner at Addleshaw Goddard LLP in London, joins Christina Ma and Matthew Hall to discuss the UK element of the worldwide merger control investigation into this case. Listen to this episode to learn more about the CMA's original investigation, the parties' appeal to the UK Competition Appeal Tribunal, the CMA's review of an amended transaction and the future of behavioral remedies in the UK. With special guest: Bruce Kilpatrick, Partner, Addleshaw Goddard LLP Related Links: UK Competition and Markets Authority Microsoft/Activision Blizzard merger case page (original transaction) UK Competition and Markets Authority Microsoft/Activision Blizzard merger case page (amended transaction) European Commission press release Microsoft/Activision Blizzard merger clearance U.S. Federal Trade Commission press release challenge to Microsoft/Activision Blizzard merger Summary of appeal application at UK Competition Appeal Tribunal (original transaction) UK Competition Appeal Tribunal case page (original transaction) Hosted by: Christina Ma, Wachtell, Lipton, Rosen & Katz and Matthew Hall, McGuireWoods London LLP
On the latest episode of Second Request, Associate Professor of Law Matthew Wansley and Professor of Law Samuel Weinstein of Cardozo School of Law discuss their recent article entitled “Venture Predation” published in the Journal of Corporation Law. Speaking with The Capitol Forum's Teddy Downey, Matthew and Samuel explain the economics and history behind venture predation and why we currently see very little enforcement of the practice. Download the podcast to hear descriptions of some of the high-profile case studies addressed in their article, including Uber, WeWork, and Bird and learn what these examples can show us about venture predation's harmful impact on consumers, communities and innovation.
On this episode of Radically Pragmatic, Dr. Diana Moss, Vice President and Director of Competition Policy at the Progressive Policy Institute, sits down with Russ D'Souza, co-founder of SeatGeek, and Terrell McSweeny, former Commissioner of the Federal Trade Commission, to discuss the Ticketmaster and Live Nation monopoly. In the episode, Moss and guests outline the Live Nation monopoly story and how their restrictive policies and contracts ensure Ticketmaster is the only ticketing platform available, hurting consumers. Ticketmaster has 70% share of the market and Live Nation has a similar market share in exclusive contracts and in recent years, music and sports fans have been outspoken about their lack of choices. Learn more about the Progressive Policy Institute here.
Google spends more than $10 billion per year to maintain its monopoly control over internet search, a U.S. government lawyer alleged in a Washington, D.C. courtroom on Tuesday. In what is being called the most important antitrust trial in nearly 25 years, the U.S. Department of Justice is accusing Google of harming consumers and stifling competition by cutting deals with smartphone makers to be their default search engine. Google, which controls about 90 percent of the U.S. search engine market, said in court on Tuesday that dissatisfied users can simply switch web browsers “with a few easy clicks.” We'll preview the rest of the trial and examine what is at stake for tech companies and consumers. Guests: Sheelah Kolhatkar, staff writer, The New Yorker - where she writes about Wall Street, Silicon Valley, economics, and politics Bill Baer, visiting fellow governance studies, Brookings Institution; former director, the Bureau of Competition, Federal Trade Commission; former assistant attorney general, the Antitrust Division, U.S. Department of Justice
In episode #260 of The Hormone P.U.Z.Z.L.E Podcast, our guest Jon Summers talks about The Man's Guide to Infertility. More about Jon: Jon and Laura Summers learned through experience that infertility affects all areas of life. After having testicular cancer, Jon believed he could never have biological children. With Laura, he embarked on a fertility journey that included 20 IVF egg retrieval cycles, 2 sperm retrieval surgeries, and thousands of injections. Using love and humor, Jon and Laura got through their infertility experience together. They shared their story online and helped thousands of people struggling to conceive find balance in their health, emotions, finances, and relationships. They wrote ‘The Man's Guide to Infertility', a book for men going through male or female factor infertility. Thank you for listening! This episode is made possible by Puzzle Brew's Fertility Tea: https://coachkela.com/fertility-tea Follow Jon on Instagram: @infertilityman Follow Dr. Kela on Instagram: @kela_healthcoach Get your FREE Fertility Meal Plan: https://coachkela.com/ FTC Affiliate Disclaimer: The disclosure that follows is intended to fully comply with the Federal Trade Commission's policy of the United States that requires to be transparent about any and all affiliate relations the Company may have on this show. You should assume that some of the product mentions and discount codes given are "affiliate links", a link with a special tracking code This means that if you use one of these codes and purchase the item, the Company may receive an affiliate commission. This is a legitimate way to monetize and pay for the operation of the Website, podcast, and operations and the Company gladly reveals its affiliate relationships to you. The price of the item is the same whether it is an affiliate link or not. Regardless, the Company only recommends products or services the Company believes will add value to its users. The Hormone Puzzle Society and Dr. Kela will receive up to 30% affiliate commission depending on the product that is sponsored on the show. For sponsorship opportunities, email HPS Media at firstname.lastname@example.org
Early exposure to technology can help children develop digital literacy skills. Around 70% of kindergartners can use educational apps on tablets or smartphones. But it stands to reason that we must help students know how to effectively use these tools so they do not hinder and that they help But do they know how to use technology effectively? And how much is too much? Not all technology use is good, and overuse can hold students back. Use should be appropriate, tied to classroom content areas, and guided. With over 70% of US parents concerned about too much screen time for littles, they have a valid concern. And especially with littles, the time should be limited. Debbie Tannenbaum gives us guidance on the practical, balanced use of technology for children in kindergarten through second grade. If you want to know how to start helping little ones learn about technology, this podcast resource is for you to get started. Debbie Tannenbaum, a veteran teacher and tech coach, has made it her mission to help students develop digital skills even as young as kindergarten. This podcast will explore Debbie's key strategies for teaching digital literacy skills to our youngest students. Sponsor: Today's sponsor, EVERFI, has created an incredible set of early literacy lessons called WORD Force. Go to everfi.com/coolcat to sign up for these early literacy lessons perfect for K to 2 classrooms everywhere. And check out my review this week on my blog. Hosts, Guests & Featured People: Debbie Tannenbaum, Tannenbaum Tech Vicki Davis, Host, Cool Cat Teacher Blog Pana Asavavatana's @PanaAsavavatana episode on How she helps her students using iPads that Debbie said helped her understand how to use icon literacy to teach littles. Episode 388 Digital Resources Mentioned: EVERFI and WORD Force, amazing reading games for reading literacy Wixie one of Debbie's favorite tech tools for young learners Book Creator - students can write their own ebooks. Flip (formerly Flipgrid) Clever - how students login to their apps News and Research on This Topic: Office of Education Technology - Early exposure to technology can help students with digital literacy skills PEW Study - Children's engagement with digital devices and screentime MIT Review "How Use of Technology is Holding Students Back" PEW Study - Parenting Children in the Age of Screens Podcast Table of Contents: Introduction and Episode Overview 00:00:00:00 - 00:00:32:10 Sponsor Mention and Blog Review 00:00:32:12 - 00:00:59:13 Vicki Davis talks about the episode's sponsor, EVERFI, and mentions her blog review of WORDFORCE. Debbie Tannenbaum's Journey 00:01:25:09 - 00:01:50:19 Debbie Tannenbaum shares her teaching journey, frustrations, and how reaching out to a podcast guest on this show helped her make amazing progress with teaching littles. Importance of Professional Learning Network (PLN) 00:02:11:22 - 00:02:34:20 Debbie Tannenbaum discusses the importance of a PLN and how it has enriched her career. Focus on Young Learners 00:03:35:13 - 00:03:54:19 Vicki Davis and Debbie Tannenbaum discuss the focus on young learners and how to help teachers reach them. Icon Bingo and Visual Learning 00:04:18:09 - 00:04:39:18 Debbie Tannenbaum talks about using "Icon Bingo" to help young learners understand digital icons. Tech Tools for Young Learners 00:07:56:05 - 00:08:11:21 Debbie Tannenbaum mentions her favorite tech tools for young learners, including Wixie and eBook Creator. Making Learning Stick 00:09:24:00 - 00:10:02:00 Debbie Tannenbaum gives an elevator pitch on how to make learning stick with technology for four and five-year-olds. Closing Remarks and Sponsor Mention 00:11:09:08 - 00:11:38:0 Vicki Davis wraps up the episode, thanking Debbie Tannenbaum and mentioning the sponsor, Everfi, again. Disclosure of Material Connection: This is a “sponsored podcast episode.” The company who sponsored it compensated me via cash payment, gift, or something else of value to include a reference to their product. Regardless, I only recommend products or services I believe will be good for my readers and are from companies I can recommend. I am disclosing this in accordance with the Federal Trade Commission's 16 CFR, Part 255: “Guides Concerning the Use of Endorsements and Testimonials in Advertising."
In Part 1 of this two-part episode of Perfect Balance: An Advertising Law Podcast, host Po Yi was joined by Jesse Brody and Bez Stern, Partners in Manatt's Advertising, Marketing and Media team, to discuss many of the key updates that the Federal Trade Commission (FTC) made to its Endorsement Guides and the updated FAQs.
Pink Sheet reporter and editors discuss the US Federal Trade Commission ending its attempt to block the Amgen acquisition of Horizon Therapeutics (:28), a proposed public-private partnership to develop ultra-rare cancer drugs (9:54), and a slow-down in ANDA submissions to the US Food and Drug Administration (22:02). More On These Topics From The Pink Sheet FTC's Test Case Opposing Amgen-Horizon Deal Ends With No-Bundling Agreement: https://pink.citeline.com/PS148804/FTCs-Test-Case-Opposing-Amgen-Horizon-Deal-Ends-With-No-Bundling-Agreement Ultra-Rare Tumors: Public-Private Partnership Eyed To Boost Drug Development: https://pink.citeline.com/PS148813/Ultra-Rare-Tumors-Public-Private-Partnership-Eyed-To-Boost-Drug-Development ANDA Submissions Lagging As FY 2023 Nears Its End: https://pink.citeline.com/PS148818/ANDA-Submissions-Lagging-As-FY-2023-Nears-Its-End
The Federal Trade Commission (FTC) released the final revisions to the Endorsement Guides as well as an updated version of its accompanying guidance, the FAQs.
As companies become increasingly big through mergers and acquisitions -- especially in technology, health care, and several other industries -- how should rules and regulations change with the times?Freshly minted and hot off the press: The U.S. Department of Justice (DOJ) and the Federal Trade Commission (FTC) recently released an updated set of draft "Merger Guidelines," which could reshape the landscape of corporate mergers and acquisitions both in the U.S. and globally. Esteemed Stanford professor and Chief Economist at the DOJ's Antitrust Division, Susan Athey, joins Bethany and Luigi to discuss these changes. Why did the DOJ and FTC make them? How will they impact the way companies approach mergers and acquisitions? And what do they mean for consumers, competition, labor, and the broader economy?Show Notes:Visit our ongoing online symposium on the Merger Guidelines, with a wide range of perspectives and debates from leading experts on the topicHear more from Susan Athey at our 2023 Antitrust and Competition Conference
HOUR 1Ramaswamy's plane has "an unexpected cabin depressurization issue," / (NBC News) https://www.nbcnews.com/meet-the-press/meetthepressblog/vivek-ramaswamy-misses-third-event-less-month-due-private-plane-issues-rcna98664?Vice President Kamala Harris answered a question about President Biden's age in an AP interview from Jakarta / (AP) https://www.foxnews.com/politics/harris-says-she-ready-step-role-president-biden-unwell-may-have-take-over Vitiuk, the head of the cyber department at Ukraine's top counterintelligence agency overviews his strategies / (NPR) https://www.npr.org/2023/09/06/1196975759/ukraine-cyber-war-russia-sbu-illia-vitiukEnrique Tarrio, the former national chairman of the Proud Boys, has been sentenced to 22 years in prison for his role in the Jan. 6, 2021 attack on the U.S. Capitol / (NPR) https://www.npr.org/2023/09/05/1197202616/enrique-tarrio-proud-boys-jan-6-sentence?Rick Whitbeck from Power the Future / https://powerthefuture.com/HOUR 2Labor unions in Alaska are calling on the Federal Trade Commission to block a $25 billion merger that would combine Fred Meyer and Carrs Safeway grocery stores into one corporate behemoth. / (ADN) https://www.adn.com/business-economy/2023/09/05/alaska-unions-urge-biden-administration-to-block-albertsons-kroger-merger/Mark from East Anchorage (who works at Walmart) discusses the effects of a Carrs and Fred Meyer merger"The homeless camp at Third Avenue and Ingra Street, which residents have dubbed “Tent City,” has seen an increased population and crime rate — making it more difficult to provide help to people living there." / (ANS) https://www.alaskasnewssource.com/2023/09/05/tent-city-homeless-camp-near-downtown-anchorage-sees-high-crime-rate-violence/"The Anchorage Assembly is authorizing the use of more than $200,000 to address the crime and public health issues associated with large homeless camps throughout Anchorage" / (ANS) https://www.alaskasnewssource.com/2023/09/06/anchorage-assembly-approves-funding-address-crime-public-health-concerns-large-homeless-camps/The impeachment trial of suspended Texas Attorney General Ken Paxton kicked off Tuesday at the state Capitol (NPR) https://www.npr.org/2023/09/05/1197811021/paxton-impeachment-trial-texas-attorney-general-ag-conspiracy-briberyDalton from Mat-Su thinks the TX impeachment is just the start Anchorage Mayor Dave Bronson with a homeless policy update
In episode #259 of The Hormone P.U.Z.Z.L.E Podcast, our guest Colleen Quinn talks about Aromatherapy for Fertility. More about Colleen: Colleen Quinn is an award-winning celebrated clinical aromatherapist, cosmetic chemist, author & researcher. Her mission is to inspire and empower you to become a confident plant enthusiast who is skilled to curate truly effective therapeutic plant remedies by understanding your plant science and backing it up with evidence. Thank you for listening! This episode is made possible by Puzzle Brew's Fertility Tea: https://coachkela.com/fertility-tea Follow Colleen on Instagram: @lab_aroma Get your Free Essential Oil Course HERE. Follow Dr. Kela on Instagram: @kela_healthcoach Get your FREE Fertility Meal Plan: https://coachkela.com/ FTC Affiliate Disclaimer: The disclosure that follows is intended to fully comply with the Federal Trade Commission's policy of the United States that requires to be transparent about any and all affiliate relations the Company may have on this show. You should assume that some of the product mentions and discount codes given are "affiliate links", a link with a special tracking code This means that if you use one of these codes and purchase the item, the Company may receive an affiliate commission. This is a legitimate way to monetize and pay for the operation of the Website, podcast, and operations and the Company gladly reveals its affiliate relationships to you. The price of the item is the same whether it is an affiliate link or not. Regardless, the Company only recommends products or services the Company believes will add value to its users. The Hormone Puzzle Society and Dr. Kela will receive up to 30% affiliate commission depending on the product that is sponsored on the show. For sponsorship opportunities, email HPS Media at email@example.com
In episode #258 of The Hormone P.U.Z.Z.L.E Podcast, our guest Dr. Angela Potter talks about Understanding the Link Between PCOS and Fertility. More about Dr. Angela: Dr. Angela Potter is a functional medicine naturopathic doctor and leading expert in PCOS fertility. She is the creator of the PCOS Fertility Protocol that helps women with an individualized approach to overcoming infertility with PCOS. Thank you for listening! This episode is made possible by Puzzle Brew's Fertility Tea: https://coachkela.com/fertility-tea Follow Dr. Angela on Instagram: @drangelapotter Get your Free PCOS Fertility Breakthrough Session with Dr. Angela Potter HERE. Follow Dr. Kela on Instagram: @kela_healthcoach Get your FREE Fertility Meal Plan: https://coachkela.com/ FTC Affiliate Disclaimer: The disclosure that follows is intended to fully comply with the Federal Trade Commission's policy of the United States that requires to be transparent about any and all affiliate relations the Company may have on this show. You should assume that some of the product mentions and discount codes given are "affiliate links", a link with a special tracking code This means that if you use one of these codes and purchase the item, the Company may receive an affiliate commission. This is a legitimate way to monetize and pay for the operation of the Website, podcast, and operations and the Company gladly reveals its affiliate relationships to you. The price of the item is the same whether it is an affiliate link or not. Regardless, the Company only recommends products or services the Company believes will add value to its users. The Hormone Puzzle Society and Dr. Kela will receive up to 30% affiliate commission depending on the product that is sponsored on the show. For sponsorship opportunities, email HPS Media at firstname.lastname@example.org
On October 10, 2022, the FTC Collaboration Act of 2021 became law. The Act's stated purpose is to enhance cooperation between the Federal Trade Commission (FTC) and state attorneys general (AGs) in combatting unfair and deceptive practices. The Act requires the FTC to complete a study and issue a public report based on that study. Throughout the summer, the FTC accepted comments from interested stakeholders on a series of questions related to the roles and responsibilities of the FTC and AGs that best advance collaboration and consumer protection, and how to dedicate resources and implement accountability mechanisms to fulfill those goals. https://www.adlawaccess.com/2023/08/articles/the-ftc-collaboration-act-benefits-for-the-business-community/ Paul Singer email@example.com (202) 342-8672 www.kelleydrye.com/Our-People/Paul-L-Singer Abigail Stempson firstname.lastname@example.org (202) 342-8678 www.kelleydrye.com/Our-People/Abigail-Stempson Beth Chun email@example.com (202) 342-8671 www.kelleydrye.com/Our-People/Beth-Bolen-Chun Subscribe to the Ad Law Access blog - www.adlawaccess.com/subscribe/ Subscribe to the Ad Law News Newsletter - https://www.kelleydrye.com/News-Events/Publications/Newsletters/Ad-Law-News-and-Views?dlg=1 View the Advertising and Privacy Law Resource Center - https://www.kelleydrye.com/Advertising-and-Privacy-Law-Resource-Center Find all of our links here linktr.ee/KelleyDryeAdLaw Hosted by Simone Roach
Do you hate hidden hotel, housing, airline, ticketing, banking, and other corporate fees? Do you want Congress to do something about them? In this episode, learn about the wide range of unreasonable fees being reported to Congress during hearings and examine what proposals could have bipartisan support. Please Support Congressional Dish – Quick Links Contribute monthly or a lump sum via Support Congressional Dish via (donations per episode) Send Zelle payments to: Donation@congressionaldish.com Send Venmo payments to: @Jennifer-Briney Send Cash App payments to: $CongressionalDish or Donation@congressionaldish.com Use your bank's online bill pay function to mail contributions to: Please make checks payable to Congressional Dish Thank you for supporting truly independent media! Background Sources Recommended Congressional Dish Episodes FTC Authority Ronald Mann. Apr 23, 2021. SCOTUSblog. Supreme Court of the United States. April 22, 2021. Junk Fee Overview Ashish A. Pradhan. May 19, 2023. The National Law Review. Will Kenton. January 24, 2023. Investopedia. Brian Deese et al. October 26, 2022. White House Briefing Room Blog. October 20, 2022. Federal Trade Commission. Brian Canfield et al. July 7, 2021. Institute for Policy Integrity, NYU School of Law. Internet *Federal Communications Commission Healthcare August 8, 2022. Federal Trade Commission. Banking/Payments Lindsey D. Johnson. July 26, 2023. Consumer Bankers Association. July 11, 2023. Consumer Financial Protection Bureau Newsroom. Offices of Consumer Populations and Markets. May 23, 2023. Consumer Financial Protection Bureau. October 26, 2022. Consumer Financial Protection Bureau Newsroom. September 28, 2022. Consumer Financial Protection Bureau Newsroom. August 16, 2022. Pennsylvania Office of Attorney General. August 16, 2022. U.S. District Court for the Eastern District of Pennsylvania. Joe Valenti. March 30, 2022. * Consumer Financial Protection Bureau Blog. January 26, 2022. Consumer Financial Protection Bureau Newsroom. December 7, 2020. Consumer Financial Protection Bureau Newsroom. December 28, 2018. Pennsylvania Office of Attorney General. Housing July 19, 2023. White House Briefing Room. March 14, 2023. National Consumer Law Center. Jennifer Ludden. January 13, 2023. WBUR. Airlines Reid Bramblett. Frommer's. Suzanne Rowan Kelleher. Mar 7, 2023. Forbes. U.S. Department of Transportation. U.S. Department of Transportation. December 13, 2022. U.S. Department of Transportation. November 2022. Statista. Rosie Spinks. June 1, 2018. Quartz. May 2011. Jones Day. Hotels November 17, 2021. Pennsylvania Office of Attorney General. Christina Jelski. Mar 12, 2021. Travel Weekly. November 28, 2012. The Federal Trade Commission. Ticketing June 20, 2018. U.S. House of Representatives. Anne Bucher. June 13, 2018. Top Class Actions. “Susan Wang and Rene' Lee v. StubHub, Inc. Case” [No. CGC-18-564120]. The Superior Court of the State of California, County of San Francisco. Cars June 23, 2022. Federal Trade Commission. Laws Bills Audio Sources July 26, 2023 Senate Committee on Banking, Housing, and Urban Affairs, Subcommittee on Financial Institutions and Consumer Protection Witnesses: Attorney General, Commonwealth of Pennsylvania Director of Housing Advocacy, Atlanta Legal Aid Society Manager Director, Patomak Global Partners Clips Michelle Henry: In the consumer finance space, we recently filed a multi-state lawsuit against Mariner Finance, a Wall Street private equity-owned installment lender. Our lawsuit alleges that Mariner charged consumers junk fees for hidden add-on products that consumers either did not know about or did not agree to buy. These hidden add-on products, such as credit insurance and auto clubs, are typically low- or no-value products. Consumers left Mariner believing that they had entered into an agreement to borrow and repay over time a certain amount of money. In reality, because of these hidden junk fees, Mariner added hundreds to thousands of dollars to the total amount a consumer owed. The cost of the junk fees is staggering. For a random sample of loans originated in Pennsylvania in December of 2020, Mariner charged each consumer an average of $1,085 in junk fees for an average of $3,394 in cash borrowed. Michelle Henry: We also had a significant junk fee settlement in 2018 with Wells Fargo. This settlement stemmed from Wells charging its auto finance customers millions in junk fees. Despite evidence that many customers already had the required car insurance, Wells improperly charged more than 2 million accounts for force-placed insurance. To resolve the multi-state action, Wells agreed to pay states $575 million. Michelle Henry: In 2021, we announced the landmark junk fee settlement with Marriott International. For many years, travelers had been misled by the published rates offered by hotels for a night stay, only later to be hit with the mandatory resort fees when they were checking in. Thanks to our settlement, Marriott now has a policy in place to be upfront and transparent in the disclosure of mandatory fees, including resort fees, as part of the total price of a hotel stay, allowing consumers to compare total costs for hotels and find the one that is the best fit for them. Marriott was the first hotel chain to formally commit to the upfront disclosure of resort fees as part of the initial advertised price. We hope others will follow. Michelle Henry: In the end, what we are fighting here for is basic fairness and transparency. When consumers are shopping online or in person, they deserve to understand what a loan, a house, or a vacation will cost and exactly what key terms they're agreeing to. At the same time, all businesses deserve to compete on an even playing field, where the price is the price with no hidden surprise fees. Lindsey Siegel: My name is Lindsay Siegel and I'm the Director of Housing Advocacy at Atlanta Legal Aid, which provides free civil legal services to families with low incomes in the metro Atlanta area. Today, I will focus on the rental housing market and how predatory and hidden rental fees gouge families living in poverty and make their rent even more unaffordable than it already is. Miss Dixon is a single mother who found an online listing for an apartment in the fall of 2020. The advertisement said it rented for $1,400 per month. It did not list any other monthly fees she would be required to pay. She applied and paid $525 through the landlord's online portal, which covered her $50 application fee, a $175 moving fee, and a $300 screening fee, all of which were non-refundable. She was not able to see the lease or the apartment she'd be renting, but she knew if she did not pay sight unseen she would lose the apartment. And when her application was approved a few weeks later, the landlord charged her another $200 approval fee. She finally received and signed a copy of her lease just two days before she was slated to move in. It was 50 pages long and contained to eight different addenda. She had expected to pay her rent and for water. She didn't expect to be responsible for a package locker fee, a trash removal fee, a separate valet trash fee, a pest control fee, a technology package fee, an insurance fee, and a credit reporting fee. When the fees added up, $83 had been tacked on to her monthly rent. And to make matters worse, Miss Dixon's landlord did not accept the rent by cash, check, or money order. When she paid through the landlord's online portal she was charged another $72-per-payment convenience fee. The low income renters Atlanta Legal Aid represents have an extreme power imbalance with their landlords. The high demand for rental housing, especially at the more affordable end of the market, makes some landlords believe they can easily get away with unfair and deceptive lease terms and rental practices. The bait and switch Miss Dixon experienced where the landlord advertise the rent as one price only to raise it much higher with junk fees after she had spent hundreds of dollars up front is a far too common practice of many investor landlords in the Atlanta area. Low income renters like Miss Dixon become trapped. She couldn't afford to walk away from a predatory lease two days before she was supposed to move in, even if she realized it would be unaffordable. Of particular concern are the use of high application fees. They often far exceed the cost of running a report, and most renters have to pay them several times before finding a home to rent. We've heard reports that some institutional landlords even collect application fees after they've found a renter for an available home. Brian Johnson: The focus of the President's initiative has been on applying political pressure to companies to induce them to change their fee disclosure practices. In the process, the White House and supporting agencies have dismissed broad categories of fees as junk without ever providing any consistent definition of the term, which has created uncertainty as to which fees can be assessed by institutions without undue reputational or regulatory risk. Brian Johnson: The CFPB has been the most enthusiastic among regulators in heeding the President's call, indiscriminately attacking a growing list of common financial service fees, no matter that they are lawful and fully disclosed. Brian Johnson: The agency has publicly hectored companies about deposit account fees and used the implied threat of investigation to induce such companies to abandon these legal fees. Further, in addressing other fees, the CFPB appears appears to have violated its own regulations and laws governing how agencies proffer rules by disguising interpretive rules as policy statements in bulletins and issuing circulars that function as legislative rules. In another instance, under the guise of interpretation, the CFPB read a word into a statute to achieve its desired policy outcome. In still another, the agency treats the rulemaking process as a foregone conclusion, acting as though a still proposed rule has already taken effect, signaling that the agency has no interest in considering public comments, establishing an adequate evidentiary basis to support its conclusions, or considering potential changes to improve the rule. These examples demonstrate an abuse of power and the agency's disregard for process and the limits placed on it. Moreover, the CFPB's behavior subverts the authority of Congress to oversee the agency and legislate the legality of fees in our financial marketplace. Simply put, it's not playing by the rules. Lindsey Siegel: So I think the federal government does have a role to play. The CFPB could create best practices, investigate junk fees further -- especially those being charged for tenant screening reports -- could bring enforcement actions against debt collectors that engage in collection practices that violate the Fair Debt Collection Practices Act in their collection of rental debt especially includes collection of junk fees. And certainly, you know, HUD could further study and address the disproportionate impact of these practices on renters and rental applicants of color. Lindsey Siegel: Tenants living in Atlanta have a very hard time finding a rental, finding a home, that's not owned by a corporate landlord at this point. They have bought up many properties in the Atlanta area and they always seem to be working in lockstep so that once one institutional landlord is charging a certain kind of fee then another one tends to charge it as well. Just one example of this is the proliferation of landlords charging for insurance fees, and often tenants will think that these are renters insurance because they're often called renter's insurance. But it's not like traditional renter's insurance that protects the renter and their property if it's destroyed. What it does is protect the landlord and doesn't really provide a benefit to tenants at all. And we've seen that proliferate with investor landlords in particular. Sen. Thom Tillis (R-NC): I can't imagine any reasonable member of Congress not saying, "I want the person to know what their financial obligation is when they sign an instrument, not after they read page 10 in the fine print." Sen. Thom Tillis (R-NC): I'm less caught up in whether or not a trash collection fee is appropriate or not, and more caught up in, does that renter know at the point in time they're signing a lease what they're expected to pay every month? Michelle Henry: We often see things bleed over state lines and boundaries, as you are well aware, and so it's important that we work together to enforce these matters. Sen. Raphael Warnock (D-GA): How often do these kinds of cases cross state lines? And would having federal standards against these types of hidden fees make these cases easier to bring? Michelle Henry: Almost always. And I think that's critical. Where we have been most successful is joining with our fellow states, other attorneys general, partnering with them, and including the CFPB. In December of 2020, the CFPB, with all 50 states and the District of Columbia, filed enforcement action against Nationstar mortgage, again for deceptive practices, for not being transparent when they were servicing borrowers mortgages, and as a result of that joint effort we were able to obtain a settlement of $73 million and brought aid to 40,000 borrowers. Michelle Henry: You know, the reality is a lot of times consumers get misled. So they start, they're looking on the internet, they're trying to do due diligence and look for the best price, whether it's for a hotel, a vacation, and they're in there examining it, and they get led to a certain area of a certain website thinking that's the best price. And they go down this rabbit hole where they have no idea at the end of it that the price they thought they were going to pay for a hotel stay with their family is actually far larger because of fees that they weren't prepared, were not properly advised of, and at that point, they're so far in or they never discover it. So no, I don't think they understand exactly what to be aware of. We're trying to do our best to educate but far more work needs to be done, and I applaud this committee for working on it. Sen. Raphael Warnock (D-GA): If more federal agencies had the authority to address these hidden fees, how would that affect your office's capacity? Michelle Henry: It would help tremendously. Sen. Raphael Warnock (D-GA): Thank you so very much. Michelle Henry: If history is any lesson, we know that they can't be trusted to act in the best interest of consumers on their own. Look, they're in the business of making money for their shareholders and we need robust consumer protection rules and enforcement to ensure that. Sen. Thom Tillis (R-NC): So what we're talking about here is not the "what," it's the "how." And I for one do not think that the regulator's who have demonstrated pushing the boundaries of their authority, giving them more authority is a good idea if we're coming up with a real bipartisan sustainable solution. Sen. Thom Tillis (R-NC): The problem we have here too, when we transfer power out of Congress to another branch, yes, that changes every four years or so. So you may be thrilled with a regulatory regimen that comes out from the CFBP today, but because of the way they behaved, it'd be one of the first things I would work to repeal if the administration changed and withdraw it. Sen. Thom Tillis (R-NC): I'd like to submit for the record a letter from the Consumer Bankers Association on the subject. Sen. Thom Tillis (R-NC): Mr. Johnson, can you talk about the effect of the method that the CFPB is using to go after this and the impact that it can have, the negative implications that has? Is the CFPB's tendency to name and shame business institutions to avoid certain practices or adopt new ones effective regulation? They're not really thinking through the full impact and all the potential unintended consequences. Can you think of any example under this current leadership of the CFPB where they have taken that into consideration? Can you speak a little bit about the efforts and the length the CFPB goes in an effort to avoid judicial review and skirt the APA process? June 8, 2023 Senate Committee on Commerce, Science, and Transportation: Subcommittee on Consumer Protection, Product Safety, and Data Security Witnesses: Chief Executive Officer, National Consumers League Bruce Greenwald Professor of Business, Marketing Division, Columbia Business School George Mason University Foundation Professor of Law, Antonin Scalia School of Law, George Mason University Clips 21:35 Sen. John Hickenlooper (D-CO): Simply put, these are fees that are disclosed to a consumer midway through or at the end of a transaction, or they're fees that serve no tangible purpose for a consumer, like a processing fee, and that they are mandatory or unavoidable. 28:00 Sen. Marsha Blackburn (R-TN): The way I look at this issue, and the way many Tennesseans look at it, is this is another way for the FTC, the CFPB, DoT, and all these regulators to clamp down on businesses and try to micro manage businesses. 30:42 Dr. Vicki Morwitz: as a strategy where firms decide to divide a product's price into two or more mandatory parts, a base price for the main product and one or more mandatory surcharges, rather than charging a single all-inclusive price. For example, many hotels have a mandatory fee on top of the daily room rate. These are sometimes called resort fees, or facility fees, or destination fees and can range from $20 to over $50 a night. And many rental car agencies assess several mandatory fees on top of the daily rental rate, such as concession recovery fees, customer facility fees, energy recovery fees, and vehicle licensing fees. 31:20 Dr. Vicki Morwitz: In general, what research on partition pricing has shown is that when firms separate out mandatory surcharges consumers tend to underestimate the total price they'll have to pay and they're often more likely to complete the purchase. 31:50 Dr. Vicki Morwitz: With drip pricing, firms advertise only part of our products' price upfront and reveal other charges later, as shoppers go through the buying process. Drip fees can be mandatory or can be for optional items, but for today's testimony I'll focus on the dripping of mandatory surcharges. Drip pricing is commonly used in industries like the cable TV and the ticketing industries. When a consumer shops for a TV-Internet bundle from a cable television provider, they may first see an attractive base price offer for the bundle, but later learn there are also broadcast TV fees, set top box fees, regional sports fees, and TV connection fees that raise the price considerably. And a consumer shopping for a ticket for a live event, like a concert, a play, or a baseball game, typically first sees the price for different seats in the venue. After selecting a seat, as the consumer clicks through more webpages, they may come to learn there's also a mandatory booking fee, ticketing fee, venue fee, and delivery fee, even when the tickets are delivered electronically. Eventually, they see a total price that may be much higher than the first price they saw and they may be under time pressure to complete the purchase, as there might be a countdown clock that indicates they have to complete their purchase in just a few minutes. Or they may be told there's only two seats left at that price. 33:00 Dr. Vicki Morwitz: What research has shown is that when surcharges are dripped, consumers end up being more likely to buy a product that appears cheaper upfront based only on the base price, but that's more expensive and total given the drip fees. Consumers also tend to buy more expensive products than they otherwise would, such as a seat closer to the stage for a live event. 35:00 Dr. Vicki Morwitz: These policies will benefit consumers if they require that upfront stated prices must be all-inclusive. In other words, all mandatory fees must be included in the total price and that the total price should be seen upfront. This is what academic research suggests will be most beneficial to consumers. 39:20 Dr. Todd Zywicki: Everybody knows bags fly free on Southwest, everybody knows bags don't fly free on the legacy airlines, everybody knows there's going to be a fee for for bags on the other airlines and the like. Maybe there's ways you can disclose it, but nobody's fooled at this point. 42:45 Sally Greenberg: If consumers hate junk fees so much, why do companies large and small increasingly impose them? The answer is, unsurprisingly, because they are a substantial profit center. 43:20 Sally Greenberg: Late payment fees charged by banks and credit cards cost American families an estimated $12 billion annually. These fees, which can be as much as $41 for each Late Fee Payment, far exceed the cost to the issuer for processing and do little to deter future delinquent payments. 43:40 Sally Greenberg: Airlines are also poster children for junk fees. Globally, revenue from junk fees, ancillary fees in airline speak, brought in $102.8 billion in 2022. To put this in perspective, junk fees last year made up 15% of global airline revenues, compared to 6% only 10 years ago. 44:00 Sally Greenberg: Anyone who buys tickets to a concert or sporting event is well acquainted with the myriad fees. They're added at the end of the ticket buying process. We have the example that you showed, Senator Hickenlooper. Primary and secondary market ticketing companies charge service fees, order processing fees, delivery fees and other charges that increased ticket prices on average 27% for the primary market and 31% for the secondary market. 45:05 Sally Greenberg: Junk fees themselves are anti-competitive. They make comparing prices more difficult, distorting well functioning marketplaces. Honest entrepreneurs who invest in their businesses, innovate, and strive to create better value for their customers lose business. Action to address the consumer and competitive harm created by junk fees is urgently needed. 45:30 Sally Greenberg: First, we would urge you to support S. 916. It's the Junk Fee Prevention Act, which would require some of the worst abusers of junk fees to display the full price of services upfront, and they would bar excessive fees and ensure transparency. Second, we ask that Congress restore the FTC's ability to obtain strong financial penalties from wrongdoers. The Supreme Court, in 2021, overturned AMG Capital Management v. FTC, wiping out a critical enforcement tool for the commission. S. 4145, which is the Consumer Protection Remedies Act, would restore that ability to impose monetary relief to the commission. And finally, Congress must not allow businesses that trap consumers with unfair and deceptive fees to escape accountability through fine print in their contracts. To that end, we're proud to support S. 1376, the Forced Arbitration Injustice Repeal Act, which would prohibit pre-dispute arbitration agreements from being enforceable if they require arbitration in employment, consumer, antitrust, or civil rights disputes 44:35 Sally Greenberg: Renters, for example, tend to have lower incomes than those who own their homes. These consumers are also some of the most preyed upon by abusive junk fees. A 2022 survey conducted by Consumer and Housing Advocates found that 89% of landlords imposed some rental application fees[[ clare, 8/7/2023 2:09 PM couldn't find this specific survey]], nearly as many renters paid excessive late fees and they also get hit with utility, administrative, convenience, insurance, and notice fees. 51:30 Sen. Marsha Blackburn (R-TN): I'm not hearing from Tennesseans about junk fees. They're just not talking about. They are talking about real economic harm. And I think for some it's been kind of perplexing that we would focus on this issue. I even had one Tennessean say, "Well, what exactly is a junk fee? And what are the economic harms that come to people for fees for discretionary services?" 53:20 Dr. Todd Zywicki: I can't see any reason why people who pay their credit cards on time should have to subsidize people who pay their credit cards late. The evidence is clear on this from the that if you reduce late fees, more people pay late. The makes clear that if you reduce late fees, everybody ends up paying higher interest rates and, and lower income and higher risk borrowers get less access to credit. So most of what we see in the market is efficient. It prevents cross consumer subsidies and a lot of these things that are labeled as junk fees are actually just efficient multi-part pricing. 1:00:30 Dr. Vicki Morwitz: When a larger firm, or really any firm, uses hidden fees or surcharges, it doesn't only hurt consumers, but it hurts well intentioned, honest competitors like many of our country's small businesses that you're talking about. So when a larger firm makes salient a lower base price and only puts in small print or only reveals at the end of the shopping process that there are additional mandatory fees, their product offerings may appear, at least at first, to be cheaper than those of say a small business, an honest competitor who uses all inclusive prices, whose prices at least at first then, will appear more expensive, even if they're actually cheaper in total when the hidden fees of the large firm are added in. Now, research shows this is going to lead consumers to be more likely to even first consider the products and services of the larger firm who uses hidden surcharges because their products seem cheaper. In other words, their supposed low prices draw consumers in. But then having first consider their products consumers will also be more likely to stick with that firm and ultimately purchase their products, even when they're more expensive in total with the fees. So these hidden fees, they don't only hurt consumers by leading them to make purchases that are against their own self interest, but it also hurts honest competitors who are using transparent pricing practices. 1:04:10 Sen. Amy Klobuchar (D-MN): One area of this high excessive fees is ticketing. We had the hearing earlier this year with the president of Live Nation/ Ticketmaster, and other witnesses and as you are aware, the facts are quite startling. It's being reviewed by the Justice Department, including 90% monopoly on ticketing for major NFL, NHL events, 80% for major arena events, and 70% monopoly when it comes to all ticketing. In addition to that, Ticketmaster now owns a number of venues and also locks in a number of other venues that they don't own with their services for in excess of seven years, which is a subject of a bill that Senator Blumenthal and I have introduced, because this locking in makes for even less competition. And then finally, Live Nation promotes the act. So it's like a three cornered monopoly. 1:12:30 Sally Greenberg: Yes, you may know that you have a baggage fee, but there are many people who are older, who have disabilities, who may have children with them; they cannot be carrying their bags onto the airplane. So they are forced to eat the cost of a $35 fee, something that used to be free before, and has jammed our airplanes full of luggage up top, creating hazards for flight attendants as well. 1:13:55 Sally Greenberg: We certainly support the Good Jobs for Airports Act. I think many consumers had no idea that a lot of these workers were not making minimum wage[[ clare, 8/7/2023 2:08 PM couldn't find a source for this.]], were relying on tips. And many people who use the wheelchairs and the curbside baggage services did not know that people were living on tip wages and many people don't tip, as some of us who've been tipped workers know. Tipping is very up and down and certainly not a reliable source of income. So yes, we very much appreciate that legislation and it's long overdue. 1:21:20 Dr. Todd Zywicki: Junk fees is a meaningless term, but it's worse than meaningless. It's actually pernicious, which is that by sort of using this blanket conclusory label, it obscures the complexity of this, the difference between trip pricing, risk based pricing, multipart pricing, partition pricing, and that sort of thing, and it kind of sweeps into one bucket things that are legitimate, things that are aren't, things that might be partially legitimate. And now it's even got more confusing because if you look at the FTC rule, for example, on auto dealers, they take things like nitrogen filled tires, they charge more money for a claim that's a junk fee. The problem with that is not that it's a separate price for nitrogen filled tires. The problem, if there's a problem, is that nitrogen filled tires are garbage, right? There's nothing there. It doesn't matter whether it's disclosed separately or bundled in the price if it's a worthless product. And so when we talk about junk fees, we can end up confusing ourselves, lumping in things because we want to just apply this label to it, whereas I think it'd be much better to understand risk based pricing. What are things where they're pricing for something that you get no value from? What are the things where they're pricing things simply to extract wealth from consumers and the like? Executive Producer Recommended Sources Music by Editing Production Assistance