On March 5, President Joe Biden launched the Strike Force on Unfair and Illegal Pricing (Strike Force) for the purpose of implementing policies in his July 9, 2021 Executive Order on Promoting Competition in the American Economy.[1] The Strike Force is co-chaired by the Department of Justice (DOJ) and Federal Trade Commission, with the
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Weekly Blockchain Blog – March 25, 2024
In this issue:
• Hyperledger Announces Financial Group, Exchange Adds Custody Service• Reports Address Bitcoin Mining and Price Data in Advance of ‘Bitcoin Halving’• BIS Paper Examines Role of Collateral and Leverage on DeFi Protocols• Ethereum Foundation Faces ‘State Authority’ Enquiry; SEC Actions Continue
Hyperledger Announces Financial Group, Exchange Adds Custody Service…
What’s the Damage? – The FTC Cracks Down on False Promises of PPP Loans
The other day, the FTC announced settlements with two different companies that allegedly made false promises to small businesses that their companies could help these small businesses get Paycheck Protection Program loans. As we will discuss in more detail, these cases highlight the fact that the FTC – in some situations – has the authority…
Lipstick on a Pig: OCR’s Cosmetic Revisions to Guidance on Tracking Technology in Healthcare Fail to Address Fundamental Issues
When the U.S. Department of Health and Human Services, Office for Civil Rights (HHS OCR) issued its guidance on “Use of Online Tracking Technologies by HIPAA Covered Entities and Business Associates” on Dec. 1, 2022 (Original Guidance), it was widely regarded (outside the plaintiffs’ class action bar) as a clumsy foray into technology of which…
The Latest Public FTC Meeting: A Telemarketing Recap and Supply Chain Issues
The latest public Federal Trade Commission (FTC) meeting focused on two issues – the recent announcement of revisions to the Telemarketing Sales Rule (TSR or Rule) and a discussion of an agency report on supply chain issues in the grocery industry. Both are important topics. But the most important question for many of us –…
An Introduction to the Basics of the EU AI Act
Following several years of drafts and negotiations, on March 13, the European Parliament approved the EU’s Artificial Intelligence Act (the AI Act), making it the world’s first comprehensive AI legislation. The AI Act stands as the central part of “a wider package of policy measures to support the development of trustworthy AI, which also…
A Mountain of Privacy Lawsuits Might Be Coming to Utah
Until recently, Utah’s Notice of Intent to Sell Nonpublic Personal Information Act (UNISNPIA) had not been on the national privacy radar. However, a string of recent lawsuits has made clear it is a law of which companies should be aware.
The law states that “[a] commercial entity may not disclose nonpublic personal information that the…
New York-Based Employers: Failure-to-Hire and Failure-to-Promote Claims Brought by Nonresidents Should Be on Your Radar!
On March 14, the New York Court of Appeals ruled that the protections of the New York State Human Rights Law (NYSHRL) and the New York City Human Rights Law (NYCHRL) can apply to non-New York state or city residents or employees, provided they “proactively sought” jobs based in the state or the city. This…
HHS OCR Provides Annual Report to Congress Detailing 2022 Enforcement Activities
On Feb. 16, the U.S. Department of Health and Human Services (HHS) Office for Civil Rights (OCR) published its 2022 Annual Report to Congress. The report details the department’s enforcement activities around the HIPAA Privacy, Security, and Breach Notification Rule, including the number of complaints received, how those complaints were resolved, the number and…
Weekly Blockchain Blog – March 18, 2024
In this issue:
• Financial Firms Complete Blockchain Pilot, UK Approves Crypto ETNs• Ethereum Implements Upgrade; Ethereum and Bitcoin Network Data Published• USPTO and Copyright Office Publish Report on NFTs and Intellectual Property• Wyoming Passes Law Providing Legal Status for DAO Nonprofits• DOJ Convicts Bitcoin Mixer Operator, Seizes $1.4M USDT, Seeks…