Businesses could face over $43,000 in fines per each fake review or deceptive endorsement as the Federal Trade Commission cracks down on 'an explosion' of businesses using social media to promote themselves through misleading messages.The FTC said it has sent formal warnings to about 700 companies for false advertising penalty offenses, notifying businesses that they could face penalties of up to $43,792 for each violation.
For more reporting from the Associated Press, see below. The FTC said it has warned hundreds of major corporations and smaller businesses that they could face fines if they use bogus endorsements to deceive consumers.'The rise of social media has blurred the line between authentic content and advertising, leading to an explosion in deceptive endorsements across the marketplace,' the FTC said in a news release Wednesday.
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Amazon, Tripadvisor and other companies team up to battle fake reviews while FTC seeks to ban themSome of the most used platforms for travel and online shopping said Tuesday they’re going to team up to battle fake reviews.
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Amazon, Tripadvisor and other companies team up to battle fake reviews while FTC seeks to ban themSome of the most used platforms for travel and online shopping said Tuesday they’re going to team up to battle fake reviews. Amazon, reviews site Glassdoor and Trustpilot as well as travel companies Expedia Group, Booking.com and Tripadvisor announced they're launching a group called the “Coalition for Trusted Reviews.
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Amazon, Tripadvisor and other companies team up to fight fake reviews as FTC pushes to ban themAmazon and several companies are launching a coalition to look for best practices for hosting online reviews and share methods to detect fake ones.
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Amazon, Tripadvisor and other companies team up to battle fake reviews while FTC seeks to ban themSome of the most used platforms for travel and online shopping said Tuesday they’re going to team up to battle fake reviews.
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