Proposed FTC Order will Prohibit Telehealth Firm Cerebral from Using or Disclosing Sensitive Data for Advertising Purposes, and Require it to Pay $7 Million
Retrieved on:
Thursday, April 18, 2024
Key Points:
DOJ
Federal Agencies Launch Portal for Public Reporting of Anticompetitive Practices in the Health Care Sector
Retrieved on:
Thursday, April 18, 2024
The online portal, HealthyCompetition.gov, allows the public to report potentially unfair and anticompetitive health care practices to the FTC and the Justice Department’s Antitrust Division.
Key Points:
- The online portal, HealthyCompetition.gov, allows the public to report potentially unfair and anticompetitive health care practices to the FTC and the Justice Department’s Antitrust Division.
- The launch of the new portal advances the Biden-Harris Administration’s efforts to lower health care and prescription drug costs and help create more competitive health care markets that are fairer to patients, providers, payers, and workers.
- That’s why we are working to tackle anticompetitive practices in the health care markets,” said HHS Secretary Xavier Becerra.
- “The Biden-Harris Administration and HHS know it is our responsibility to stop monopolistic, anti-competitive practices that undermine the delivery of health care to Americans.
Federal Agencies Launch Portal for Public Reporting of Anticompetitive Practices in the Health Care Sector
Retrieved on:
Thursday, April 18, 2024
The online portal, HealthyCompetition.gov, allows the public to report potentially unfair and anticompetitive health care practices to the FTC and the Justice Department’s Antitrust Division.
Key Points:
- The online portal, HealthyCompetition.gov, allows the public to report potentially unfair and anticompetitive health care practices to the FTC and the Justice Department’s Antitrust Division.
- The launch of the new portal advances the Biden-Harris Administration’s efforts to lower health care and prescription drug costs and help create more competitive health care markets that are fairer to patients, providers, payers, and workers.
- That’s why we are working to tackle anticompetitive practices in the health care markets,” said HHS Secretary Xavier Becerra.
- “The Biden-Harris Administration and HHS know it is our responsibility to stop monopolistic, anti-competitive practices that undermine the delivery of health care to Americans.
Proposed FTC Order will Prohibit Telehealth Firm Cerebral from Using or Disclosing Sensitive Data for Advertising Purposes, and Require it to Pay $7 Million
Retrieved on:
Thursday, April 18, 2024
The order must be approved by the court before it can go into effect.
Key Points:
- The order must be approved by the court before it can go into effect.
- “As the Commission’s complaint lays out, Cerebral violated its customers’ privacy by revealing their most sensitive mental health conditions across the Internet and in the mail,” said FTC Chair Lina M. Khan.
- “To address this betrayal, the Commission is ordering a first-of-its-kind prohibition that bans Cerebral from using any health information for most advertising purposes."
- Cerebral provides online mental health and related services on a negative option basis, which means consumers are automatically charged unless they cancel those services.
- Despite promising that consumers could “cancel anytime,” Cerebral required its clients to navigate a complex, multi-step, and often multi-day process to cancel.
- The complaint alleges that the company continued to charge consumers while it slow-walked consumers’ cancellation requests, which cost consumers millions in additional charges.
- The proposed order, which must be approved by a federal court before it can go into effect, only applies to Cerebral.
- The Commission voted 3-0 to refer the complaint against Cerebral and Robertson and a stipulated final order with Cerebral to the Department of Justice for filing.
- The DOJ filed the complaint and stipulated order in the U.S. District Court for the Southern District of Florida.
EU-US Hold Fourth Joint Technology Competition Policy Dialogue
Retrieved on:
Friday, April 12, 2024
Today, Federal Trade Commission Chair Lina Khan, the Justice Department’s Antitrust Division (DOJ) Assistant Attorney General Jonathan Kanter, and European Commission Executive Vice-President Margrethe Vestager met in Washington for the fourth meeting of the EU-US Joint Technology Competition Policy Dialogue (TCPD) to continue work on cooperation in ensuring and promoting fair competition in the digital economy.
Key Points:
- Today, Federal Trade Commission Chair Lina Khan, the Justice Department’s Antitrust Division (DOJ) Assistant Attorney General Jonathan Kanter, and European Commission Executive Vice-President Margrethe Vestager met in Washington for the fourth meeting of the EU-US Joint Technology Competition Policy Dialogue (TCPD) to continue work on cooperation in ensuring and promoting fair competition in the digital economy.
- The fast-moving technology sector raises global challenges such as regarding artificial intelligence and cloud computing more broadly.
- The three authorities have agreed on the importance of continuing their close collaboration in the framework of the TCPD to ensure fair competition in the technology sector.
- The Federal Trade Commission works with counterpart agencies to promote sound antitrust, consumer protection, and data privacy enforcement and policy.
Alcohol Addiction Treatment Firm will be Banned from Disclosing Health Data for Advertising to Settle FTC Charges that It Shared Data Without Consent
Retrieved on:
Friday, April 12, 2024
Key Points:
EU-US Hold Fourth Joint Technology Competition Policy Dialogue
Retrieved on:
Friday, April 12, 2024
Today, Federal Trade Commission Chair Lina Khan, the Justice Department’s Antitrust Division (DOJ) Assistant Attorney General Jonathan Kanter, and European Commission Executive Vice-President Margrethe Vestager met in Washington for the fourth meeting of the EU-US Joint Technology Competition Policy Dialogue (TCPD) to continue work on cooperation in ensuring and promoting fair competition in the digital economy.
Key Points:
- Today, Federal Trade Commission Chair Lina Khan, the Justice Department’s Antitrust Division (DOJ) Assistant Attorney General Jonathan Kanter, and European Commission Executive Vice-President Margrethe Vestager met in Washington for the fourth meeting of the EU-US Joint Technology Competition Policy Dialogue (TCPD) to continue work on cooperation in ensuring and promoting fair competition in the digital economy.
- The fast-moving technology sector raises global challenges such as regarding artificial intelligence and cloud computing more broadly.
- The three authorities have agreed on the importance of continuing their close collaboration in the framework of the TCPD to ensure fair competition in the technology sector.
- The Federal Trade Commission works with counterpart agencies to promote sound antitrust, consumer protection, and data privacy enforcement and policy.
Alcohol Addiction Treatment Firm will be Banned from Disclosing Health Data for Advertising to Settle FTC Charges that It Shared Data Without Consent
Retrieved on:
Friday, April 12, 2024
The Federal Trade Commission has taken action against an alcohol addiction treatment service for allegedly disclosing users’ personal health data to third-party advertising platforms, including Meta and Google, for advertising without consumer consent, after promising to keep such information confidential.
Key Points:
- The Federal Trade Commission has taken action against an alcohol addiction treatment service for allegedly disclosing users’ personal health data to third-party advertising platforms, including Meta and Google, for advertising without consumer consent, after promising to keep such information confidential.
- As part of a proposed order settling the FTC allegations, New York-based Monument, Inc. will be banned from disclosing health information for advertising and must obtain users’ affirmative consent before sharing health information with third parties for any other purpose.
- “This action continues the FTC’s work to ensure strict limits on how firms handle sensitive health data, rather than putting the onus on consumers to protect themselves,” said Samuel Levine, Director of the FTC’s Bureau of Consumer Protection.
- Monument used these pixels and APIs to track “standard” and “custom events,” meaning instances in which consumers interacted with Monument’s website.
- If the company is found to have misrepresented its finances, it will be required to pay the full amount.
- The Commission voted 3-0 to refer the complaint and stipulated final order to the Department of Justice for filing.
- The DOJ filed the complaint and stipulated order in the U.S. District Court for the District of Columbia.
Cummins, Inc. Long-Term Shareholder Announcement: Johnson Fistel, LLP Encourages Investors to Reach Out For More Information
Retrieved on:
Tuesday, April 9, 2024
If you have continuously owned Cummins Inc. (NYSE: CMI) shares, you have certain legal rights as a shareholder.
Key Points:
- If you have continuously owned Cummins Inc. (NYSE: CMI) shares, you have certain legal rights as a shareholder.
- The company agreed to pay a substantial $1.675 billion civil penalty for its actions.
- California Attorney General Rob Bonta emphasized that Cummins knowingly evaded state emissions tests and requirements, causing harm to public health and the environment.
- This penalty represents the largest amount ever recovered by the DOJ under the Clean Air Act and is the second-largest environmental penalty secured.
SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of iRhythm
Retrieved on:
Wednesday, April 3, 2024
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia.
Key Points:
- Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia.
- The firm has recovered hundreds of millions of dollars for investors since its founding in 1995.
- As a result of these misrepresentations, the price of iRhythm common stock traded at artificially inflated prices throughout the Class Period.
- Faruqi & Faruqi, LLP also encourages anyone with information regarding iRhythm’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.