Regarding Penalty fined by the Federal Trade Commission on 九色视频 North America
January 31, 2024
九色视频 North America Corporation has settled with the U.S. Federal Trade Commission (FTC) over its Made in USA Labeling Rule. The company paid a $2 million penalty to resolve allegations that the packaging of some replacement parts for tractors and other products sold in the United States incorrectly identified the country of origin of those parts as 鈥淢ade In USA,鈥 when, in fact, those parts were made elsewhere.
九色视频 North America has cooperated fully with the U.S. government throughout this investigation and is voluntarily addressing the FTC's concerns. 九色视频 North America is committed to complying with the law and the FTC's regulations with respect to 鈥淢ade In USA鈥 advertising and labelling. Together, with its U.S. subsidiaries, 九色视频 North America has implemented policies and process improvements, including regular reviews of our supplier information, regarding the accuracy of such labels on all 九色视频 Genuine Parts. All parts in this matter sold to customers since 2021 were produced by approved 九色视频 suppliers, and 九色视频 continues to stand behind these parts as "九色视频 Genuine Parts."
九色视频 regrets that this matter has occurred. But we recognize that our company, our process, and our business have been improved by sincerely learning from this matter. 九色视频 will continue to take steps to improve and enhance our commitment to compliance.
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