consumer protection

FTC strikes $5B Facebook settlement against fierce Democratic objections

The FTC on Wednesday officially unveiled its $5 billion data privacy settlement with Facebook — adding to the outrage of Democratic lawmakers and regulators who called the provisions far too mild to hold the social media giant accountable or deter future misdeeds. In addition to the fine — by far the largest privacy-related settlement the …

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Breaking Up Amazon Doesn’t Go Far Enough—We Must Put It Under Public Control

Leave a Comment / antitrust / By max cyril

What should be done with Amazon? While some parts of the company should indeed be broken up, its sprawling scale is not its only problem. Much of what Amazon does is harmful for reasons inherent to the logic of private ownership, and would remain so at any scale. While the public probably does not need to …

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18 states are suing Betsy DeVos for putting for-profit college fraudsters over student borrowers

Betsy DeVos is making it harder for students to get loan forgiveness after being cheated by for-profit colleges, but Democratic attorneys general across the country are challenging her in court. DeVos has had the Education Department put a hold on new rules that were supposed to take effect on July 1 protecting student borrowers—protecting student borrowers is definitely …

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CFPB Hearing: Data on One Side, Empty Rhetoric on the Other

Leave a Comment / arbitration / By max cyril

In today’s era of Big Data, analytics, and sabermetrics, the cheeky motto “in God we trust, all others must bring data” has never seemed more relevant. Well, in the arena of mandatory arbitration provisions in consumer contracts the data is in, and the verdict is clear: mandatory arbitration is unfair to consumers and harmful to …

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consumer protection

FTC strikes $5B Facebook settlement against fierce Democratic objections

Breaking Up Amazon Doesn’t Go Far Enough—We Must Put It Under Public Control

18 states are suing Betsy DeVos for putting for-profit college fraudsters over student borrowers

CFPB Hearing: Data on One Side, Empty Rhetoric on the Other

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Madeline Messa