Risky business
No one is sliding across the living room floor in shades lip synching to Bob Seger, but violating the FTC’s Risk-Based Pricing Rule is risky business nonetheless. That’s the message of the FTC’s $1.9 million settlement with telecom company Time Warner Cable, Inc., the first case brought under the Risk-Based Pricing Rule. Part of the Fair Credit Reporting Act, the Risk-Based Pricing Rule has been in place for almost three years. If a company...