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Sprint Agrees to Pay FTC $2.95 Million to Settle Risk-Based Pricing Rule Charges Under the FCRA

2015-11-11 18:14:50| Telecom - Topix.net

Mobile service providers frequently look at their customers' credit reports and scores to determine the best pricing plans for those customers. But as a recent settlement between Sprint Corporation and the Federal Trade Commission shows, mobile carriers that use customers' credit information to determine service rates may be subject to the FTC's Risk-Based Pricing Rule under the Fair Credit Reporting Act , which requires notice to affected customers that they were approved for service on less favorable terms than other customers with better credit histories.

Tags: under pay million rule

 

Sprint Agrees to Pay FTC $2.95 Million to Settle Risk-Based Pricing Rule Charges Under the FCRA

2015-11-11 17:04:01| IT Services - Topix.net

Mobile service providers frequently look at their customers' credit reports and scores to determine the best pricing plans for those customers. But as a recent settlement between Sprint Corporation and the Federal Trade Commission shows, mobile carriers that use customers' credit information to determine service rates may be subject to the FTC's Risk-Based Pricing Rule under the Fair Credit Reporting Act , which requires notice to affected customers that they were approved for service on less favorable terms than other customers with better credit histories.

Tags: under pay million rule

 
 

Merck faces probe into asthma drug pricing

2015-11-06 23:06:05| Biotech - Topix.net

Merck & Co. Inc.'s stock dropped 1.5% in midday trade Friday, after the drug maker disclosed in a filing late Thursday that it had received a civil investigative demand from the U.S. Attorney's office.

Tags: drug pricing faces probe

 

Drug makers investigated over pricing

2015-11-06 21:01:30| BBC News | Business | UK Edition

US drug makers Merck and Eli Lilly are being investigated over their pricing policies.

Tags: drug pricing investigated makers

 

Toyota announces expected fuel economy and pricing for RAV4 Hybrid: 33 mpg combined, entry at $28,370

2015-11-06 18:55:29| Green Car Congress

Tags: at entry expected combined

 

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