The Federal Trade Commission (FTC) announced Wednesday a final rule that bans online fake reviews and testimonials and allows the agency to seek civil penalties from known violators. The rule ...

Businesses that buy, sell or promote phony online ... "Fake reviews not only waste people's time and money, but also pollute the marketplace and divert business away from honest competitors," FTC ...

All five FTC commissioners ... brokering fake reviews. Amazon did not immediately respond to CNBC's request for comment on the FTC's new rule. Some of the biggest online review sites support ...

The FTC is prohibiting the creation or purchase of fake reviews and will also seek to prevent the suppression of negative reviews online. It can be hard to trust anything you read online ...

All five FTC commissioners ... user reviews for products sold on online platforms. The result: Consumers sometimes end up purchasing items based on false praise or misleading promises. Fake ...

Companies are now prohibited from paying for or selling online ... reviews and generating other types of fake testimonials under a Federal Trade Commission rule that went into force Monday. The ...

According to the FTC, each violation of the rules could result in a fine, meaning if an online retailer has thousands of fake reviews or followers, it could face a heavy penalty. The rules are ...