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The Latest Breaking News from FTC

FTC Refers Tiktok Complaint To Department Of Justice

FTC refers TikTok complaint to DOJ for alleged COPPA violations and deceptive practices, sparking legal battle.

Top News

Adobe faces troubling FTC lawsuit for ‘trapping' customers

The software company is facing a hefty legal challenge from the U.S. government after a series of complaints from consumers.

The Street

Federal Trade Commission refers complaint about TikTok's adherence to child privacy law to the DOJ

The Federal Trade Commission has referred a complaint against TikTok and its Beijing-based parent company to the Department of Justice

The Independent UK

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The US government is suing Adobe over hidden contract changes and fees trapping customers

Pushed by the FTC, the DOJ has filed a legal complaint against Adobe surrounding its software subscriptions.

TechRadar

Adobe Sued By FTC Over Hidden Fees, Cancellation Issues

The FTC alleges Adobe makes it hard for customers to cancel subscriptions, resulting in early termination fees. Here's what you need to know.

Kiplinger

U.S. government assails Adobe for putting up 'wholly unnecessary' roadblocks when subscribers try to cancel

A federal lawsuit alleges that Adobe misleads subscribers by hiding its cancellation fees until it's time to dissuade them from leaving Adobe behind.

Fortune

Fetch the popcorn: US government sues Adobe, says it's 'trapped' consumers with a subs model that's 'absurdly hard to cancel' and 'ambushed' them with late fees

The US Department of Justice alleges Adobe "hides" cancellation fees and makes it deliberately difficult to cancel subscriptions.

PC Gamer

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US government sues Adobe for'deceptive' business tactics and hiding steep subscription cancellation charges to 'trap' its customers

The US government sues Adobe for using deceptive tactics and exorbitant cancellation fees to prevent users from canceling subscription plans.

Windows Central

The FTC sues Adobe, accusing the creative software maker of locking customers into pricey subscriptions and hiding associated fees

The FTC says that Adove "deceived consumers about early termination fees, inhibited cancellations," and more in a new suit filed against the software maker.

iMore

Adobe sued by DOJ and FTC for ‘hidden’ fees that make it ‘absurdly’ hard to cancel Photoshop subscriptions

Company is accused of making it nearly impossible to cancel annual subscription to popular products

The Independent UK

‘Alarm bells should be going off’ as mental health counselling app expands into Australia, critics say

Exclusive: Consumer advocates say BetterHelp’s wrongdoing overseas means privacy watchdog should investigate whether it has breached local laws

The Guardian - AU

Why Microsoft, OpenAI and Nvidia are facing antimonopoly probes

US Justice Department and Federal Trade Commission are seeking to root out anticompetitive practices in field of AI.

Al Jazeera

FTC chair Lina Khan plans to go after Big Tech’s ‘mob boss’ instead of ‘the henchmen at the bottom’—targeting AI giants OpenAI, Microsoft, and Nvidia

“Where do we see players that are systematically driving these illegal behaviors?” Khan asked at a conference this week.

Fortune

Top five roles on Motorsport Jobs this week

The Aston Martin F1 Team is looking for someone to join its Trackside Performance team as a Race Engineer.

Autosport

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Tom’s Guide

Scammers are impersonating this government agency to steal your cash — don’t answer this call

Scammers are impersonating the Cybersecurity and Infrastructure Security Agency (CISA) to trick Americans into parting with their hard-earned cash.

Salon

Biden busts monopolies, Trump just talks

“Antitrust enforcement during the Biden administration has been extremely vigorous," one policy expert told Salon

The Street

Analyst revamps Microsoft stock price target on AI deal

Here's what could happen next to Microsoft shares.

Top News

US Antitrust Enforcers Investigate Microsoft, Nvidia, And Openai In AI Boom

U.S. antitrust enforcers investigate Microsoft, Nvidia, and OpenAI's roles in AI industry amid concerns of monopolistic behavior.

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The Independent UK

US antitrust enforcers will investigate leading AI companies Microsoft, Nvidia and OpenAI

U.S. antitrust enforcers have decided to investigate the roles Microsoft, Nvidia and OpenAI have played in the artificial intelligence boom, according to people familiar with the pending actions

Kiplinger

Microsoft AI Startup Deal Investigated by FTC: What To Know

The FTC is questioning whether Microsoft's agreement with Inflection AI was structured to avoid an antitrust review. Here's what you need to know.

International Business Times

US Opens Doors For Antitrust Investigations Into Tech Giants Nvidia, Microsoft, OpenAI

The FTC and the Justice Department have cleared the way for an antitrust investigation into Microsoft, Nvidia and OpenAI.

Axios

U.S. to open broad antitrust probe into AI giants

Microsoft and Nvidia among the companies under scrutiny.

The Guardian - UK

Microsoft, OpenAI and Nvidia investigated over monopoly laws

US regulators open inquiry into AI firms over antitrust laws that oversee fair competition

The Guardian - UK

‘Strong likelihood’ ECB is in dialling back phase, says Lagarde, after first rate cut since 2019 – as it happened

European Central Bank lowers borrowing costs for first time in almost five years, but won’t pre-commit to further cuts

Fortune

The FTC scrambles to rescue its Meta break-up suit

The antitrust regulator says the company now known as Meta kept it in the dark when making key acquisitions.

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