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The Latest Breaking News from Federal Trade Commission

As VCs pledge support for Trump, Fearless Fund's Arian Simone keeps fighting for diversity

VCs are at odds when it comes to DEI.

Fortune

Lawmakers request review of two defense industry acquisitions - Roll Call

Three liberal lawmakers ask for additional scrutiny of TransDigm acquisition amid pricing concerns for spare parts for the Pentagon.

Roll Call

U.S. bans noncompete agreements for nearly all jobs

The Federal Trade Commission has voted to ban employment agreements that typically prevent workers from leaving their companies for competitors, or starting competing businesses of their own.

WEKU

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read the most diverse news in one place.

Detective wore wig and posed as victim to catch US scammer who stole gold bars

Scam artist allegedly posed as Federal Trade Commission investigator and convinced victim to transfer $789,000 in gold

The Guardian - US

FTC claims that Microsoft layoffs contradict ‘representations it made’ during the fight to acquire Activision

The Federal Trade Commission claims that Microsoft's newly announced layoff plans contradict 'representations it made' during its fight to acquire Activision Blizzard.

TechRadar

FTC probe drugmakers’ patent thickets

The Federal Trade Commission has challenged more than 100 patents drugmakers listed in the FDA’s “Orange Book"

Salon

Data brokers know everything about you – what FTC case against ad tech giant Kochava reveals

Kochava, the self-proclaimed industry leader in mobile app data analytics, is locked in a legal battle with the Federal Trade Commission in a case that could lead to big changes in the global data marketplace and in Congress’ approach to artificial intelligence and data privacy.

The Conversation

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Upsetting the Apple cart? The FTC is investigating Adobe’s subscription cancellation practices

The U.S. government agency wants to ensure companies provide consumers with an easy way to cancel digital subscriptions

iMore

Amazon asks federal judge to dismiss the FTC's antitrust lawsuit against the company

Attorneys for Amazon have asked a federal judge to dismiss the Federal Trade Commission’s antitrust lawsuit against the e-commerce giant

The Independent UK

Lina Khan speaks out about FTC’s private equity lawsuit: ‘We’re putting the market on notice’

Khan says a recent Federal Trade Commission lawsuit is meant to chill the consolidation of medical groups that results in higher prices for consumers. But it may be too late to curb price hikes.

Fortune

The Biden Administration's Antitrust Changes Would Be Great for Bureaucrats—and Bad for Consumers

The guidelines would ignore decades of academic findings about how firm concentration can have a positive impact on consumers' welfare.

Reason

SCOTUS strikes down student debt cancellation plan, takes up case on agency enforcement authority

The Checks and Balances Letter delivers news and information from Ballotpedia’s Administrative State Project, including pivotal actions at the federal and state levels related to the separation of powers, due process, and the rule of law.

Ballotpedia

FTC probe of OpenAI: Consumer protection is the opening salvo of US AI regulation

The Federal Trade Commission has launched an investigation of ChatGPT maker OpenAI for potential violations of consumer protection laws. The FTC sent the company a 20-page demand for information in the week of July 10, 2023. The move comes as European regulators have begun to take action, and Congress is…

The Conversation

FTC loses appeal bid to block Microsoft-Activision deal

A U.S. appeals court denied a Federal Trade Commission bid to pause Microsoft Corp.’s acquisition of Activision Blizzard Inc. Friday, clearing a path for the companies to close the largest gaming deal ever in the U.S.

Tribune News Service

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The Guardian - US

US agency loses bid to halt Microsoft’s $69bn purchase of Activision Blizzard

The Federal Trade Commission’s request to pause the deal was rejected, clearing the few remaining hurdles for it to go through

Tribune News Service

Microsoft, Activision CEOs to defend $69 billion deal in fight with FTC

Microsoft Corp. Chief Executive Officer Satya Nadella and Activision Blizzard Inc. CEO Bobby Kotick will be in court this week to try to persuade a federal judge in California to reject the Federal Trade Commission’s effort to block their $69 billion deal.

Tribune News Service

Lina Khan rejected FTC ethics recommendation to recuse in Meta case

The Federal Trade Commission Chair Lina Khan declined to recuse herself from an FTC case against Meta Platforms Inc., despite the advice of the agency’s top ethics official, according to internal agency documents.

PC Gamer

AI is being used to 'supercharge' phone scams with the cloned voices of your relatives

Crooks are using voice cloning technology to trick sympathetic folks out of money.

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The Independent UK

Microsoft will pay $20M to settle U.S. charges of illegally collecting children's data

Microsoft will pay a fine of $20 million to settle Federal Trade Commission charges that it illegally collected and retained the data of children who signed up to use its Xbox video game console

Tribune News Service

Accused seller of ‘sham’ health insurance paid $100 million for consumer refunds before seeking bankruptcy protection

A Tampa, Florida-based health insurance distributor accused by the Federal Trade Commission of misleading consumers into buying “sham” health insurance plans has filed for Chapter 11 bankruptcy protection.

Ballotpedia

Robe & Gavel: SCOTUS Begins their April 2023 Sitting

Welcome to the April 17 edition of Robe & Gavel, Ballotpedia’s newsletter about the Supreme Court of the United States (SCOTUS) and other judicial happenings around the U.S.

WEKU

Still trying to quit that gym membership? The FTC is proposing a rule that could help

The Federal Trade Commission gets thousands of complaints a year from customers trapped in memberships they don't want. Its "Click to Cancel" proposal aims to change that, Chair Lina Khan tells NPR.

France 24

US govt agency intensifies probe into Twitter users' data protection

A US congressional report reveals the Federal Trade Commission has made repeated requests for internal communications related to Twitter owner Elon Musk. The agency is concerned that the layoffs at the social media company since he took over could have jeopardised users' data protection. Also in the show, we look…

Zenger

Federal Trade Commission Attempting A Lawsuit Against Microsoft Over Antitrust Issues

PlayStation owner Sony Group Corp has been vocal in its attempt to block rival Microsoft Corporation buying Activision Blizzard.

Reason

FTC Investigating, but Not Thwarting, Amazon Acquisition of One Medical

Since the Federal Trade Commission didn't sue in time, the deal went through. But will FTC Chair Lina Khan keep trying to attack Amazon for its bigness?

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Jacqueline Scott Corley

From analysis to the latest developments in health,
read the most diverse news in one place.

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