FTC Announces a New Rule Banning Fake Reviews and Penalties over $50K
Federal Trade Commission Chair Lina Khan on Oct. 21 announced that the agency’s ban on phony online reviews was going into effect, with penalties of $51,744 per violations. On social media platform X, Khan urged followers to report the proscribed practices at reportfraud.ftc.gov. Announcing the rule this August, she said that fake reviews “not only waste people’s time and...
Read MoreYelp going after Fake Reviews
Yelp is one of the most important destinations on the Web. Its database of user-generated reviews can offer potential shoppers a quality source to vet a business before they shop. But faked reviews are threatening to dilute that landscape, eating away at the purity that a service like Yelp needs in order to be successful. In response, the company has announced new and aggressive steps to remove...
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