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This week’s podcast episode: A close look at the Federal Trade Commission’s updates to its guides on the use of endorsements and testimonials in advertising and proposed rule on the use of consumer reviews and testimonials

CFPB Monitor

In June 2023, the FTC updated its guides that set forth the FTC’s position on how Section 5 of the FTC Act, which prohibits unfair or deceptive acts or practices, applies to the use of endorsements and testimonials in advertising. . Continue Reading

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House Judiciary Committee Seeks Testimony Of Amazon CEO Jeff Bezos

PYMNTS

After a report surfaced that Amazon staffers utilized information regarding independent sellers to create rival items, House Judiciary Committee legislators requested that Chairman and CEO Jeff Bezos provide testimony on the eCommerce retailer’s private-label procedures.

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Tech Giants’ Hill Testimony Reveals CEO Views On Competition — And Innovation

PYMNTS

(and a can-do spirit), a country that rewards ambition and innovation — and where individual success stories of, say Google and Amazon customers are folded into the testimony in efforts to show how tech can help smaller firms pivot and embrace the great digital shift. We want to get every app we can on the Store, not keep them off.”.

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Senator Durbin attempts to revive Durbin 2.0 with Senate Judiciary Committee hearing in April and solicits testimony from Visa, Mastercard, United Airlines and American Airlines CEOs

CFPB Monitor

Senator Dick Durbin (D-IL) requested testimony at the hearing from the following Chief Executive Officers who have publicly opposed his Credit Card Competition Act: Ryan McInerney ( Visa ), Michael Miebach ( Mastercard ), Scott Kirby ( United Airlines ), and Robert Isom ( American Airlines ).

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ABM Evolution: How Top Marketers Are Using Account-Based Strategies

This report will examine the main investment areas that marketers are prioritizing to enhance their account-based strategies through a focus on: How practitioners are executing and accelerating blended ABM strategies that put self-service buying journeys at the forefront The areas in which AI shows the greatest promise The continued convergence of (..)

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FTC Details Antitrust Victories In Senate Subcommittee Testimony

PYMNTS

The Federal Trade Commission (FTC) revealed that it provided testimony before the U.S. During his testimony, FTC Chairman Joseph J. Simons also noted during his testimony that the FTC is working to protect competition in technology markets. Senate Subcommittee on Antitrust, Competition Policy and Consumer Rights.

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FTC Discusses Antitrust Laws In Testimony To US Senate

PYMNTS

The Federal Trade Commission (FTC) revealed details about its recent testimony before the U.S. The testimony explained how the FTC pays close attention when an industry leader wants to acquire an up-and-coming competitor, using the Clayton Act to analyze the potential merger.

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