Antitrust Law Daily Wrap Up, CONSUMER PROTECTION NEWS: FTC finalizes changes to MMWA product warranty interpretations, (Jul 20, 2015)
Nearly two months after the FTC announced changes to its Interpretations concerning product warranty rules under the Magnuson-Moss Warranty Act (MMWA), the revisions became effective today upon publication of the final action in the Federal Register.
In response to the comments received, the FTC revised Part 700.10 of the Interpretations to clarify that implied tying—warranty language that implies to a consumer that warranty coverage is conditioned on the use of select parts or service—is deceptive. The agency has also revised Part 700.10 to state that, to the extent that the MMWA’s services contract provisions apply to the insurance business, they are effective if they do not interfere with state laws regulating the business of insurance. The citation format in the Interpretations and Rules were also updated.
News: ConsumerProtection FederalTradeCommissionNews