The Rise of FTC Investigations: What Businesses Need to Know
As businesses continue to expand and explore new markets, staying informed about regulatory compliance is important. The Federal Trade Commission (FTC) enforces federal consumer protection laws in the United States, and any violation of these laws can result in an FTC investigation. This article will provide an overview of FTC investigations, their impact on businesses, and how to stay compliant. Understanding FTC Investigations An FTC investigation can be complex and lengthy, with significant business consequences. The FTC has broad authority to investigate and enforce federal consumer protection laws, including the FTC, the Fair Credit Reporting, and the Children's Online Privacy Protection Act. While various factors can trigger investigations, businesses should be aware of the most common red flags that may lead to an investigation, such as misleading advertising, unfair billing practices, or inadequate data security measures. Impact of FTC Investigations on Businesses The impac...