Last year, U.S. pet owners spent over $50 billion on their pets. That’s a lot of puppy chow, chew toys, and rhinestone collars. But it also reflects significant expenditures for pet health products and services, including veterinary office visits and medicines. In fact, in 2011 American consumers spent nearly $7 billion on pet medications alone.
If you’ve been following the ongoing story of the FTC’s law enforcement action stemming from Neovi, Inc.'s Qchex check-writing system, the Court’s recent contempt ruling will make for interesting reading. If those names aren’t familiar to you — and you have clients in the payments arena — it’s time to get up to speed.
The FTC asked for your input and you chimed in with 350 comments about the future of the Children’s Online Privacy Protection Rule. Based on what you said — and what we’ve learned through law enforcement — we’re back, asking for your help in thinking through modifications to certain definitions to clarify the scope of the Rule and strengthen its protections.