FTC imposes $10M fine against ChoicePoint for data breach The U.S. Federal Trade Commission has fined ChoicePoint $10 million for a data breach that allowed identity thieves posing as legitimate businesses to steal social security numbers, credit reports, and other data from nearly 140,000 people. This is the largest fine ever levied by the FTC. ChoicePoint also has to set up a 'trust fund' for people victimized by identity thieves. From the article: 'As part of its agreement with the FTC, ChoicePoint will also have to submit to comprehensive security audits every two years for the next 20 years.'" BusinessWeek has additional info. Perhaps there might be hope for individual privacy after all. Let's all keep our fingers crossed.
posted by mk1gti on Jan 26, 2006 - 22 comments

FTC creates national ‘do not call’ list While there have been state lists for quite some time, and some organizations (like the DMA) maintain do-not-call lists requiring members to honor DNC requests, the FCC is now talking about a single, federal list that would require compliance from all telemarketers, and levy fines for non-compliance. Is this the end of telemarketing as we know it today?
posted by MidasMulligan on Dec 18, 2002 - 40 comments

FTC unanimously approves AOL/Time Warner merger. With a couple of restraint-avoidance conditions. Wonder who's gonna enforce those... Aw, crap.
posted by baylink on Dec 14, 2000 - 9 comments

Although this story doesn't sound like much, the FTC coming down on Time Warner, the effects could be great. Time Warner has agreed to ban their minimum pricing on featured new CDs, admitting that for the last seven years, these compact discs have been artificially overpriced. Do you think making CDs cheaper for the first time in years had anything to do with all the attention mp3s have been getting from consumers?
posted by mathowie on May 10, 2000 - 5 comments