United States of America: FTC lawsuit against Ascend Ecom for alleged false claims on income from AI-powered tools
Progress
Current status
under deliberation
07 Sep 2024 under deliberation
Scope
Implementers
United States of America
Policy Area
Consumer protection
Policy Instrument
Fair marketing and advertising practice requirement
Regulated Economic Activity
platform intermediary: other
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
Announced FTC lawsuit against Ascend Ecom for alleged false claims on income from AI-powered tools
On 7 September 2024, the Federal Trade Commission (FTC) announced a lawsuit against Ascend Ecom for alleged false claims on income from Artificial Intelligence (AI) powered tools. The FTC alleges that Ascend Ecom falsely claimed that its AI-powered …
SourceEvent type
public lawsuit
Action type
announcement
Government branch
executive
Government body
other regulatory body