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| FTC | RIN: 3084-AB25 | Publication ID: Spring 2011 |
| Title: ●Rule Governing the Pre-Sale Availability of Written Warranty Terms | |
| Abstract: The Rule Governing the Pre-Sale Availability of Written Warranty Terms, 16 CFR part 702 (Rule 702) published as a final rule in 1975 and amended in 1987, is being reviewed under the Commission's procedures. Section 102(b)(1)(A) of the Magnuson-Moss Warranty Act, 15 U.S.C. 2301 et seq., directed the Commission to prescribe rules requiring that the terms of any written warranty on a consumer product be made available to the consumer or prospective consumer prior to the sale of the product. Accordingly, the Commission issued Rule 702, which requires sellers and warrantors to make the terms of a written warranty available to the consumer prior to sale. Among other things, the Rule requires sellers to make warranty information readily available by either (1) displaying it in close proximity to the product, or (2) furnishing it on request and posting signs in prominent locations advising consumers that warranty information is available. The Rule requires warrantors to provide materials to enable sellers to comply with the Rule's requirements. It also sets out the methods by which warranty information can be made available prior to the sale of the product in instances where the product is sold through catalogs, mail order, or door-to-door. As part of its ongoing systematic review of all Federal Trade Commission rules and guides, the Commission plans to request comments on, among other things, the economic impact and benefits of this Rule; possible conflict between the Rule and State, local, or other Federal laws or regulations; and the effect on the Rule of any technological, economic, or other industry changes. The Commission plans to request comments on this Rule by July 2011. | |
| Agency: Federal Trade Commission(FTC) | Priority: Substantive, Nonsignificant |
| RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Prerule Stage |
| Major: No | Unfunded Mandates: No |
| CFR Citation: 16 CFR 702 | |
| Legal Authority: 15 USC 41 et seq | |
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Legal Deadline:
None |
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Timetable:
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| Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
| Small Entities Affected: Businesses | Federalism: No |
| Included in the Regulatory Plan: No | |
| International Impacts: This regulatory action will be likely to have international trade and investment effects, or otherwise be of international interest. | |
| RIN Data Printed in the FR: No | |
| Related RINs: Previously reported as 3084-AA73 | |
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Agency Contact: Svetlana S Gans Attorney Federal Trade Commission Bureau of Consumer Protection, 600 Pennsylvania Avenue NW., CC-8528, Washington, DC 20580 Phone:202 326-3708 Email: sgans@ftc.gov |
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