The Federal Trade Commission (FTC) has released its annual Privacy and Data Security Update, which highlights the FTC’s activities during the past year. The FTC, the U.S. agency tasked with a unique dual mission to protect consumers and promote competition, detailed its record year for enforcement actions aimed at protecting consumer privacy and data security.
The FTC’s primary enforcement authority comes from Section 5 of the Federal Trade Commission Act, which prohibits unfair or deceptive practices in the marketplace. The FTC also has authority to enforce a variety of industry-specific laws, including the Gramm-Leach-Bliley Act, the Truth in Lending Act, the Controlling the Assault of Non-Solicited Pornography and Marketing (CAN-SPAM) Act, the Children’s Online Privacy Protection Act (COPPA), the Equal Credit Opportunity Act, the Fair Credit Reporting Act, the Fair Debt Collection Practices Act, and the Telemarketing and Consumer Fraud and Abuse Prevention Act. The FTC has used its authority to address a wide range of practices affecting consumers, including those that come with the development of new technologies and business models.
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