Tomorrow, at its monthly open meeting, the FCC will be voting on the most controversial rule it’s undertaken this year: whether, and how, to let consumers get out of paying their cable company a fee every month for mandatory set-top boxes.
EpiPen maker Mylan might have thought that dealing with the public shaming of a congressional hearing would be the low point of its ongoing price-hike scandal, but lawmakers continue to scrutinize the drug company and are now calling for a federal investigation into the possibility that Mylan was deliberately mis-categorizing the emergency allergy medication in order to reap bigger payments from Medicaid. [More]
The Federal Communications Commission has been stewing over a proposal that would shake up the cable set-top box market for months. They’ve got a vote on the final proposal coming up this week, but in the face of partisan bickering and opposition from the cable industry, the matter has become controversial. So today, a whole passel of folks called on the FCC to approve the measure ASAP, for consumers’ sake.
There are all kinds of annoyances involved in flying, whether it’s that jerk in front of you who slammed his seat back into your knees or the fees you pay to check a bag and select your seat. But one of the most infuriating things for passengers these days? Not knowing how much your airfare will cost by the time all is said and done.
Now that Wells Fargo is in the hot seat for allegedly pushing its employees to meet sales goals and quotas by opening millions of bogus accounts in customers’ names, will the bank use the anti-consumer terms of its customer contracts to get out of the inevitable class action lawsuits? A coalition of U.S. senators have written the bank’s CEO asking him to please not strip customers’ of their day in court. [More]
Election years beget a compressed Congressional schedule. The House and Senate just got back to work in D.C. after a six-week break, and will be taking another six-week break as soon as we hit October 1 (picking up again after the election), so everything the committees want to do has to get done now. Like bringing in all five FCC commissioners for another episode of everyone’s favorite series, The FCC Explains And Defends Literally Everything It’s Doing. [More]
Amid calls for drugmaker Mylan to drop the price of emergency allergy treatment EpiPen, the attorney general for the state of New York has launched an antitrust investigation into a program that helps to put EpiPens in schools, potentially to the detriment of competition. At the same time, U.S. lawmakers are pushing regulators for a federal antitrust probe on the program. [More]
This morning, drug company Mylan announced that it will soon introduce a lower-cost (but still not cheap) generic version of its popular EpiPen emergency allergy treatment. In response, one senator who has been critical of Mylan’s actions says more must be done to make the life-saving drug available. [More]
As you may have heard, the cost of a life-saving EpiPen from drug maker Mylan increased as much as 600% in just nine years, causing lawmakers and health advocates to call on the drug company — and its CEO Heather Bresch — to lower the cost and provide answers for its increase in the first place. But that could be difficult given the executive’s personal connections not only to the medication, but one legislator. [More]
The cost of a life-saving EpiPen from drug maker Mylan increased as much as 600% in just nine years. That’s simply too much, lawmakers say, with some legislators now calling on the pharmaceutical giant to drop its price immediately, while others are pushing for a congressional hearing on the matter. [More]
Senators Want Airlines To Explain Recent Outages & Why Travelers Couldn’t Be Rebooked On Competing Carriers
In just the last few weeks, Delta and Southwest each experienced massive system-wide outages that grounded thousands of flights and ruined travel plans for countless passengers — and there are reasons to believe it could happen to other carriers. Now some lawmakers want the airlines to answer for these failures and to explain what’s being done to prevent future shutdowns. [More]
In May, the Consumer Financial Protection Bureau proposed new rules for financial services companies that could severely limit their ability to sidestep legal liability by forcing wronged customers out of the courtroom and into the byzantine, unfair world of binding arbitration. Some in Congress recently tacked on some legislative pork to an appropriations bill that would prevent the CFPB from moving forward on these rules, but today more than 100 federal lawmakers came out to commend the Bureau for its efforts. [More]
Last month, tests revealed that each time certain older model Honda and Acura vehicles’ Takata airbags deploy, there’s up to a 50% chance that it will rupture, shooting shrapnel at drivers and passengers. While federal regulators urged owners not to drive these vehicles, lawmakers are now calling on Honda to issue the same warning to owners of vehicles containing the defective airbags. [More]
Even though some of the nation’s largest food producers — including General Mills, PepsiCo, Campbell Soup, Mars Inc., Bimbo, and Nestle — have already updated their packaging to comply with Vermont’s new labeling requirement for foods containing genetically modified (GMO) ingredients, these tiny lines of text may be short lived. Last night, the U.S. Senate voted to approve legislation that will not only outlaw Vermont’s labeling requirement, but eventually (maybe) replace these text labels with something as obscure as a barcode. [More]
You might not think of window blinds as something dangerous, but they pose a risk to children, who can entangle themselves in the cords and be strangled. An average of one child every month has strangled to death on the cord to a window covering for the last few decades. Why hasn’t the window covering industry invented something better and safer than a long piece of string to raise and lower our blinds? An industry group announced today that they will figure one out. [More]
Since its introduction in Kansas City, Google Fiber has presented itself as a disruptive force in the pay-TV and internet markets, offering high speeds for reasonable prices, and bringing new competition to markets generally dominated by a single provider. So it’s disappointing to learn that Fiber has decided to follow in the footsteps of AT&T, Comcast, Verizon, Time Warner Cable, and other reviled providers by quietly stripping its customers of their right to sue the company in a court of law. [More]