Although the Federal Trade Commission (FTC) was dealt a blow from the Supreme Court's ruling on Section 13(b), the commission is not sitting idle following the decision. Instead, the FTC has gone on the offensive with new measures in order to obtain monetary relief for perceived consumer injury. Read more about their efforts in this article from KelleyDrye.
HUGE news in the direct sales industry. With its unanimous ruling, the Supreme Court is essentially declaring that the Federal Trade Commission (FTC) has abused its power for decades. A thorough rebuke.
Once again, the Federal Trade Commission (FTC) has sent out a round of letters to a new list of MLM companies warning them to stop their field from posting that their products can cure the Novel Coronavirus/ SARS-CoV2.They are giving the companies 48 hours to prove they have put actions into place to address their concerns. These posts include mentions of eliminating vaccines, boosting immunity, using a stimulus check to make more money, and much more.
The Federal Trade Commission (FTC) today announced it has sent 10 letters warning multi-level marketing companies (MLMs) to remove and address claims that they or their participants are making about their products’ ability to treat or prevent coronavirus disease or about the earnings people who have recently lost income can make, or both.
A federal court granted the Federal Trade Commission’s (FTC) request to temporarily shut down an alleged pyramid scheme known as “Success By Health,” and to freeze the assets of the company and its executives.
Multi-level marketing is a diverse and varied industry, employing many different structures and methods of selling. Although there may be significant differences in how multi-level marketers sell their products or services, core consumer protection principles are applicable to every member of the industry. The FTC staff offers this non-binding guidance to assist direct sellers and MLMs in applying those core principles to their business practices
Federal Trade Commission Chairwoman Edith Ramirez said Friday in an interview that she will soon step down as head of the country's most powerful consumer watchdog, after serving more than three years in the role and another three years before that as a commissioner.
Every time a direct seller has an issue with the Federal Trade Commission, critics of the industry are quick to jump on it, hailing it as a step in the right direction towards shutting down multi-level marketing completely. They’ll say that it is finally being outed as an unsustainable business practice—that they’re all just pyramid schemes in disguise.