FTC Imposes $2 Million Penalty on Temu for Violations of the INFORM Consumers Act: Key Compliance Obligations for Online Marketplaces
The FTC’s first INFORM Consumers Act enforcement resulted in a $2 million penalty against Temu for alleged inadequate consumer reporting mechanisms and seller disclosure failures. This landmark case sets compliance precedents for all online marketplaces. The Federal Trade Commission (FTC) has taken its first enforcement action under the INFORM Consumers Act, fining Temu $2 million for …