WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced Sept. 8 that three companies have agreed to settle allegations of misleading consumers about their participation in the European Union-United States Privacy Shield framework.
The framework allows companies to transfer consumer data from EU member states to the United States in compliance with EU law. The FTC filed three separate complaints against companies for misleading consumers about this framework. The defendants are human resources software company Decusoft LLC, printing services company Tru Communication Inc., and Md7 LLC, which manages real estate leases for wireless companies.
“Today’s actions highlight the FTC’s commitment to aggressively enforce the Privacy Shield frameworks, which are important tools in enabling trans-Atlantic commerce,” said acting FTC chairwoman Maureen K. Ohlhausen. “Companies that want to benefit from these agreements must keep their promises or we will hold them accountable.”
The FTC voted 2-0 to issue the administrative complaints and accept the consent agreements with the three companies. A description of the agreement packages will be published in the Federal Register. The agreements are subject to public comment. After Oct. 10 the FTC will decide whether to finalize them.