By Denny Jacob

 

The Federal Trade Commission said Thursday it finalized an order against Dun & Bradstreet Holdings Inc. for deceiving businesses about the value of products they offered and for failing to correct credit report errors.

In a complaint first announced in January, the FTC alleged that businesses complained of errors in credit reports and that Dun & Bradstreet, a provider of business credit report services, failed to provide an appropriate process to fix the errors.

The FTC said it is ordering the company to respond to disputes filed by businesses by either deleting the disputed information or again investigating the information to confirm accuracy within an appropriate time period.

The FTC said it is also ordering the company to provide refunds to businesses harmed by its practices.

After receiving three comments, the FTC voted 4-0 to approve the complaint and settlement order and send responses to the commenters.

 

Write to Denny Jacob at denny.jacob@wsj.com

 

(END) Dow Jones Newswires

April 07, 2022 11:11 ET (15:11 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.
Dun and Bradstreet (NYSE:DNB)
Historical Stock Chart
Von Feb 2024 bis Mär 2024 Click Here for more Dun and Bradstreet Charts.
Dun and Bradstreet (NYSE:DNB)
Historical Stock Chart
Von Mär 2023 bis Mär 2024 Click Here for more Dun and Bradstreet Charts.