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December

22
2023
Industry News

Attorney General Brown Congratulates Federal Trade Commission on Passage of CARS Rule

BALTIMORE, MD (December 21, 2023) – Maryland Attorney General Anthony G. Brown is applauding the Federal Trade Commission (FTC) for passing the new Combating Auto Retail Scams (CARS) Rule – which was supported by the Maryland Attorney General’s Office in conjunction with a coalition of 17 other Attorneys General. The Rule will go into effect on July 30, 2024.

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December

22
2023
Industry News

Attorney General James Sues SiriusXM Radio for Trapping Consumers in Unwanted Subscriptions

NEW YORK – New York Attorney General Letitia James today sued SiriusXM Radio, Inc. (SiriusXM) for trapping consumers in subscriptions and maintaining deliberately long and burdensome cancellation processes. An investigation by the Office of the Attorney General (OAG) found that SiriusXM forces its subscribers to call or chat online with an agent to cancel a subscription, then deliberately draws out those interactions as part of its strategy to prevent subscribers from canceling.

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December

22
2023
Industry News

FTC issues final CARS Rule setting new requirements on vehicle sales

On December 12, 2024, the Federal Trade Commission (“FTC”) announced its Combating Auto Retail Scams Rule, otherwise known as the “CARS Rule,” setting new requirements on the sale, financing, and leasing of vehicles by motor vehicle dealers.

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December

22
2023
Industry News

Consumer Financial Protection Bureau Independent Audit of Selected Operations and Budget

In accordance with the Dodd-Frank Act, the CFPB orders an annual independent audit of the operations and budget of the Bureau. The purpose of this audit is to provide objective analyses to improve program performance and operations, reduce costs, facilitate decision-making, and contribute to public accountability.

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December

22
2023
Industry News

Interoperability, Privacy, & Security

In the face of concerns about anticompetitive conduct, companies may claim privacy and security reasons as justifications for refusing to have their products and services interoperate with other companies’ products and services.

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