Tag #Consumer Protection

Showing 181 to 192 of 410 results

nytimes.com

🌐 85% Global Worthiness

Apr 5, 07:18

Baltimore Sues FanDuel, DraftKings for Allegedly Exploiting User Data to Fuel Gambling Addiction

Baltimore City sued FanDuel and DraftKings, alleging they used user data to target gambling addicts, violating Maryland's sports wagering regulations that prohibit practices that 'may adversely impact the public,' and demanding stronger user protections and financial penalties.

Baltimore Sues FanDuel, DraftKings for Allegedly Exploiting User Data to Fuel Gambling Addiction

Baltimore City sued FanDuel and DraftKings, alleging they used user data to target gambling addicts, violating Maryland's sports wagering regulations that prohibit practices that 'may adversely impact the public,' and demanding stronger user protections and financial penalties.

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Good Health and Well-being

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What are the immediate consequences of Baltimore's lawsuit against FanDuel and DraftKings for allegedly exploiting user data to promote gambling addiction?

Baltimore City sued online sportsbooks FanDuel and DraftKings for allegedly exploiting user data to target and exacerbate gambling addictions, violating Maryland's sports wagering regulations. The lawsuit highlights the companies' failure to implement user safeguards and prioritization of profit over harm reduction, citing over \$5 billion in wagers in Maryland between July 2023 and June 2024.

taz.de

🌐 75% Global Worthiness

Apr 3, 22:15

Schufa Increases Credit Score Transparency in Germany

Germany's Schufa credit agency will launch a new, transparent credit scoring system in Q4 2024, offering free access to individual scores and their components, replacing over 50 existing scores with a single score based on 12 criteria to improve transparency and fairness.

Schufa Increases Credit Score Transparency in Germany

Germany's Schufa credit agency will launch a new, transparent credit scoring system in Q4 2024, offering free access to individual scores and their components, replacing over 50 existing scores with a single score based on 12 criteria to improve transparency and fairness.

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Reduced Inequality

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What immediate impact will Schufa's new transparent credit scoring system have on German consumers and businesses?

Germany's Schufa credit rating agency will increase transparency by offering consumers free access to their personal credit scores and the criteria used to calculate them, replacing over 50 scores with a single, easily understandable score based on 12 criteria. This follows criticism of the system's opacity and recent court rulings favoring greater transparency.

bbc.com

🌐 75% Global Worthiness

Apr 3, 10:12

Unfinished Flats Cost Would-Be Buyers Thousands in Ipswich

In Ipswich, UK, prospective homebuyers lost thousands of pounds in reservation deposits for unfinished flats at Tollesbury House, a 16-apartment development, due to delays and non-refundable deposit policies by developer JaeVee group, who cited economic challenges and contractual breaches by buyers;...

Unfinished Flats Cost Would-Be Buyers Thousands in Ipswich

In Ipswich, UK, prospective homebuyers lost thousands of pounds in reservation deposits for unfinished flats at Tollesbury House, a 16-apartment development, due to delays and non-refundable deposit policies by developer JaeVee group, who cited economic challenges and contractual breaches by buyers;...

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How did the economic climate and contractual agreements contribute to the delays at Tollesbury House, and how did JaeVee's communication with buyers affect the situation?

The JaeVee group's actions highlight broader issues within the unregulated property development finance sector, where delays and financial losses for buyers are common. The case of Tollesbury House exemplifies risks associated with non-refundable deposits and unrealistic completion dates. JaeVee's ongoing projects, exceeding 500 properties, raise concerns about potential future problems.

foxnews.com

🌐 75% Global Worthiness

Apr 2, 22:16

Report Exposes \$25 Million in Democratic Donations from Eight Law Firms

The Alliance for Consumers released a report today detailing \$25 million in political donations from eight law firms to Democratic campaigns between 2017 and 2024, including \$1.4 million to the Harris-Walz campaign in 2024, raising concerns about a "Shady Trial Lawyer Pipeline" where public contra...

Report Exposes \$25 Million in Democratic Donations from Eight Law Firms

The Alliance for Consumers released a report today detailing \$25 million in political donations from eight law firms to Democratic campaigns between 2017 and 2024, including \$1.4 million to the Harris-Walz campaign in 2024, raising concerns about a "Shady Trial Lawyer Pipeline" where public contra...

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What is the primary concern raised by the Alliance for Consumers' report regarding the eight law firms and their political donations?

The Alliance for Consumers (AFC) released a report revealing that eight major consumer protection law firms donated approximately \$25 million to political campaigns between 2017 and 2024, with 99% going to Democrats. In 2024 alone, \$4 million was donated, including \$1.4 million to the Harris-Walz campaign. This raises concerns about potential conflicts of interest.

es.euronews.com

🌐 75% Global Worthiness

Apr 1, 04:11

EU Flight Delay Compensation Rules Face Revision, Potentially Reducing Passenger Rights

The European Union is revising its 2004 regulation on air passenger compensation for delays, potentially raising the minimum delay threshold for compensation from three to twelve hours and reducing claim deadlines to three months, impacting 85% of consumers, according to the BEUC.

EU Flight Delay Compensation Rules Face Revision, Potentially Reducing Passenger Rights

The European Union is revising its 2004 regulation on air passenger compensation for delays, potentially raising the minimum delay threshold for compensation from three to twelve hours and reducing claim deadlines to three months, impacting 85% of consumers, according to the BEUC.

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No Poverty

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What is the potential impact on European air passengers of the EU's proposed changes to flight delay compensation regulations?

European air passengers may face more difficulty obtaining compensation for flight delays due to the EU's revision of the 2004 regulation. The proposed changes could increase the minimum delay for compensation from three to five, nine, or twelve hours depending on distance, potentially leaving 85% of consumers without compensation.

dailymail.co.uk

🌐 75% Global Worthiness

Mar 31, 16:15

UK to Increase Deposit Protection Limit to £110,000

The UK Prudential Regulation Authority proposes raising the Financial Services Compensation Scheme's deposit protection limit to £110,000 per depositor from December 2025, up from £85,000, to maintain confidence in the financial system and account for inflation.

UK to Increase Deposit Protection Limit to £110,000

The UK Prudential Regulation Authority proposes raising the Financial Services Compensation Scheme's deposit protection limit to £110,000 per depositor from December 2025, up from £85,000, to maintain confidence in the financial system and account for inflation.

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Decent Work and Economic Growth

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What is the proposed increase to the FSCS deposit protection limit and what is its primary intended impact?

The UK's Financial Services Compensation Scheme (FSCS) deposit protection limit may increase to £110,000 per depositor from December 2025, up from the current £85,000. This change, proposed by the Prudential Regulation Authority (PRA), aims to maintain public confidence in the financial system and reflects the impact of inflation since 2017.

forbes.com

🌐 75% Global Worthiness

Apr 4, 22:13

State-Level GOP Rejects Price Controls on Interchange Fees Amidst Federal Bipartisan Efforts

Despite bipartisan federal efforts to cap credit card interest rates, state-level Republicans largely oppose price control measures, rejecting proposals to regulate interchange fees; however, the only state to enact such legislation, Illinois, now serves as a cautionary tale due to legal challenges ...

State-Level GOP Rejects Price Controls on Interchange Fees Amidst Federal Bipartisan Efforts

Despite bipartisan federal efforts to cap credit card interest rates, state-level Republicans largely oppose price control measures, rejecting proposals to regulate interchange fees; however, the only state to enact such legislation, Illinois, now serves as a cautionary tale due to legal challenges ...

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How do arguments for and against state-level regulation of interchange fees reflect broader debates about government intervention in markets?

The push for price controls on interchange fees exposes a conflict between consumer protection and market efficiency. Proponents argue that current fee structures are unfair, while opponents argue that such regulations distort markets and benefit only certain actors, potentially harming consumers. The Illinois case, resulting in limited impact due to federal preemption, illustrates the complexities and unintended consequences of these measures.

dailymail.co.uk

🌐 75% Global Worthiness

Apr 3, 16:15

Rebel Energy Collapses, Leaving 90,000 Customers Without a Supplier

UK energy supplier Rebel Energy has collapsed, leaving 80,000 domestic and 10,000 business customers without a supplier; Ofgem will appoint a new supplier to ensure continued service, protect credit balances, and maintain the price cap for domestic customers.

Rebel Energy Collapses, Leaving 90,000 Customers Without a Supplier

UK energy supplier Rebel Energy has collapsed, leaving 80,000 domestic and 10,000 business customers without a supplier; Ofgem will appoint a new supplier to ensure continued service, protect credit balances, and maintain the price cap for domestic customers.

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Affordable and Clean Energy

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What immediate actions are being taken to protect Rebel Energy's customers and ensure continued energy supply?

Rebel Energy, a UK energy supplier, ceased trading on Tuesday, leaving 80,000 domestic and 10,000 business customers without a provider. Ofgem, the energy regulator, will appoint a new supplier to ensure uninterrupted service and protect customer credit balances.

jpost.com

🌐 85% Global Worthiness

Apr 2, 04:14

NY Attorney General Orders Car Wash to End Discriminatory Passover Pricing

New York Attorney General Letitia James ordered Super 4 Seasons car wash in Spring Valley to end its "Passover special", which overcharged Orthodox Jewish customers by more than three times the standard rate; failure to comply will result in a $75,000 fine.

NY Attorney General Orders Car Wash to End Discriminatory Passover Pricing

New York Attorney General Letitia James ordered Super 4 Seasons car wash in Spring Valley to end its "Passover special", which overcharged Orthodox Jewish customers by more than three times the standard rate; failure to comply will result in a $75,000 fine.

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Reduced Inequality

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What broader implications does this case have for protecting religious communities from price gouging and discrimination, and what preventative measures can be taken?

This case highlights the vulnerability of religious communities to price gouging and discrimination. The Attorney General's actions send a strong message, deterring future exploitation and potentially prompting similar investigations nationwide. The decline in sales suggests consumer awareness of the scam impacted its success.

us.cnn.com

🌐 85% Global Worthiness

Apr 1, 07:18

Trump Executive Order Targets Ticket Price Gouging

President Trump signed an executive order Monday to combat ticket price gouging in the live entertainment industry, directing the FTC and the Attorney General to enforce competition laws and increase price transparency, following similar efforts by the Biden administration; the order also aims to st...

Trump Executive Order Targets Ticket Price Gouging

President Trump signed an executive order Monday to combat ticket price gouging in the live entertainment industry, directing the FTC and the Attorney General to enforce competition laws and increase price transparency, following similar efforts by the Biden administration; the order also aims to st...

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What factors contributed to the heightened attention on ticket price gouging?

The executive order responds to widespread concerns about inflated ticket prices, exemplified by Taylor Swift's Eras Tour, where resale prices reached tens of thousands of dollars. This has led to criticism of Ticketmaster's monopoly-like practices, resulting in an antitrust lawsuit. The order aims to protect both artists and consumers from exploitative pricing.

t24.com.tr

🌐 75% Global Worthiness

Mar 31, 16:15

Turkey Enhances Online Product Safety with New Regulations

Turkey's new online product safety regulations, effective tomorrow, require detailed product information from sellers, 24-hour removal of inappropriate listings, and mandatory local representation for foreign sellers, aiming to improve transparency and consumer protection in e-commerce.

Turkey Enhances Online Product Safety with New Regulations

Turkey's new online product safety regulations, effective tomorrow, require detailed product information from sellers, 24-hour removal of inappropriate listings, and mandatory local representation for foreign sellers, aiming to improve transparency and consumer protection in e-commerce.

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Responsible Consumption and Production

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What immediate impact will Turkey's new online product safety regulation have on consumers and businesses?

A new regulation in Turkey significantly strengthens online product safety, mandating detailed product information from sellers and removal of non-compliant listings within 24 hours. Foreign sellers must now appoint a local representative.

t24.com.tr

🌐 65% Global Worthiness

Mar 31, 13:15

Turkey Launches EIDS to Combat Deceptive Online Vehicle and Real Estate Ads

Turkey's Ministry of Trade launched the Electronic Advertisement Verification System (EIDS) to fight fraudulent ads; starting April 1st for vehicles and April 7th for real estate, ads require e-Government verification, impacting online platforms and social media.

Turkey Launches EIDS to Combat Deceptive Online Vehicle and Real Estate Ads

Turkey's Ministry of Trade launched the Electronic Advertisement Verification System (EIDS) to fight fraudulent ads; starting April 1st for vehicles and April 7th for real estate, ads require e-Government verification, impacting online platforms and social media.

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How does Turkey's EIDS system address the issue of misleading or fraudulent ads in the online automotive and real estate sectors?

The EIDS system mandates verification through e-Government for vehicle and property ads, preventing false accounts and duplicate listings. Authorized individuals, including family members or those explicitly authorized by the owner, can post ads after verification via EIDS. This impacts both individuals and businesses using online platforms and social media.

Showing 181 to 192 of 410 results