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ARTICLE · 18 APRIL 2024

FTC Updates (March 18 – 29, 2024)

Crowell & Moring LLP
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As we close out the last week of March, the FTC updates include highlights from key findings from the International Competition Network on building tech capacity in law enforcement...

United StatesConsumer Protection
Kaylah Alexander
Kaylah Alexander
Nicole Powell
Nicole Powell
Holly A. Melton
Holly A. Melton

As we close out the last week of March, the FTC updates include highlights from key findings from the International Competition Network on building tech capacity in law enforcement, banning the use of algorithms for price-fixing in the hotel industry, protecting child privacy data from software companies, and seeking information on the contracting practices of large health care organizations and drug wholesalers. All this, and more, after the jump.

March 18, 2024

Bureau of Consumer Protection: Deceptive/Misleading Conduct, Finance

  • Biz2Credit and Womply have agreed to settle after the FTC took action against the companies for making false promises to small businesses seeking to take part in the Paycheck Protection Program (PPP) during the COVID-19 pandemic. Biz2Credit will pay $33 million and Womply will pay $26 million to the FTC for small businesses that were deceived when attempting to secure loans during COVID-19. The FTC alleged that Biz2Credit and its

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