SANTA MONICA, CA – Consumer Watchdog today warned that the tech industry is pressing the Trump Administration to adopt language in a new North American Free Trade Agreement (NAFTA) deal that would protect websites like the notorious Backpage.com that facilitate child sex-trafficking.
WASHINGTON — A U.S. House committee approved legislation today to give the federal government final say over the performance of self-driving vehicles, a measure that would preempt states from trying to set their own standards.
The Federal Trade Commission is reportedly looking into the company’s pricing policy
How do you know if the great deal you just snagged on Amazon is real?
According to a recent report, a vendor who sells direct through Amazon has stepped forward to accuse the ecommerce giant of misleading business practices. Specifically, they said that Amazon jacked up the suggested retail price of their product on Prime Day 2017 to make it seem like the discount consumers were getting was far better than it actually was.
A driverless car bill is quickly moving through the House, as Congress races to pass the first federal legislation to address the emerging technology.
The Energy and Commerce Committee unanimously approved a legislative package Thursday that would bar states from setting certain driverless car rules and allow manufacturers to deploy up to 100,000 self-driving vehicles per year without meeting existing auto safety standards.
WASHINGTON (Reuters) - An influential U.S. House committee on Thursday approved a revised bipartisan bill on a 54-0 vote that would speed the deployment of self-driving cars without human controls and bar states from blocking autonomous vehicles.
The bill would allow automakers to obtain exemptions to deploy up to 25,000 vehicles without meeting existing auto safety standards in the first year, a cap that would rise to 100,000 vehicles annually over three years.
Automakers each would be allowed to test up to 100,000 self-driving cars per year on U.S. roads, and states would be prevented from passing laws to prevent them from doing so under a bill advanced Thursday by a panel in the U.S. House of Representatives.
A Charlotte-based startup says e-commerce king Amazon (AMZN) jacked up their suggested retail price during the company’s annual discount event—Prime Day—to deceive consumers into thinking that they were getting a deal, when in reality, they weren’t.
Critics have already expressed their displeasure with Amazon’s bid to purchase Whole Foods on antitrust and labor grounds, and now reports say the Federal Trade Commission (FTC) may be looking at the company's pricing strategies.
The FTC began looking into potential discrepancies in Amazon's pricing list after a recent Consumer Watchdog report, a source told Reuters.
The inquiry found that 61 percent of Amazon's products with reference prices were higher for the same product than what the company had sold in the previous 90 days, the Consumer Watchdog wrote in a letter to the FTC dated July 6.
After receiving the complaint, the agency made informal inquiries about the allegations, according to a source who did not want to named in order to preserve his business relationships.