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The Latest Breaking News from FTC

H&R Block Faces Hefty $7 Million Fine: What It Means for Taxpayers

A tax prep industry giant was accused of deceiving customers and making downgrading difficult.

Kiplinger

Man Refuses To Share His SSN, Girlfriend Insists It’s Non-Negotiable, Silence Follows

His girlfriend asked for his social security number a year into their relationship so she could "do a background check". He refused so she left. The post Man Refuses To Share His SSN, Girlfriend Insists It’s Non-Negotiable, Silence Follows first appeared on Bored Panda.

Bored Panda

FTC orders Marriott and Starwood to boost cybersecurity following major incidents

Marriott has been ordered to implement stricter security after three major data breaches.

TechRadar

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

Have This Conversation to Save Your Family's Money This Holiday Season

While your family is together, talk about the risks of sophisticated financial scams.

Kiplinger

The internet is rife with fake reviews. Will AI make it worse?

Researchers and watchdog groups say the emergence of generative artificial intelligence tools that allow people to efficiently produce detailed and novel online reviews has put merchants, service providers and consumers in uncharted territory

The Independent UK

FTC: Stop Grubhub's "pricing shell game"

"Our investigation found that Grubhub tricked its customers," said FTC chair Lina Khan

Salon

Congress Strips PBM Reforms From Funding Package

US PBM reform efforts face setback as Congress fails to pass transparency measures. FTC takes action against major PBMs for alleged insulin price inflation.

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Joe Biden Tried To Use the Regulatory State To Micromanage Everything

The Biden administration's war on "junk fees" is emblematic of its nanny state instincts.

Reason

How Is Corpay's Stock Performance Compared to Other Digital Payments Stocks?

Corpay has underperformed the digital payments industry over the past year, but analysts are moderately optimistic about the stock’s prospects.

Barchart

Fortnite Teams Up With Skibidi Toilet For Wild Crossover

Starting today (Dec.18), players can grab a variety of bathroom-themed cosmetics in the Item Shop, including a Plungerman skin and a toilet-themed back bling.

International Business Times

Grubhub to pay $25M in deceptive practices settlement with Illinois attorney general and the FTC

Grubhub Inc. will pay $25 million to settle a dispute over alleged deceptive business practices with the Illinois attorney general and the Federal Trade Commission

The Independent UK

FTC takes aim at hotel, event junk fees

The rule requires companies to display the full price of a service or product upfront

Salon

Concert promoters, hotels and lodging sites soon will have to disclose extra fees up front

The Federal Trade Commission says it will soon require hotels, vacation rental platforms and live event promoters to disclose any fees up front when they list prices

The Independent UK

Harley-Davidson's Warranty Policies are Predatory Says Owners' Lawsuit

While my law experience is attempting to get out of a few—read many—speeding tickets over the years, there's always been something about contract law that irks me. And that's how aftermarket parts can void warranties. I understand that if you throw on a turbocharger or add nitrous to a UTV, hence…

RideApart

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TechRadar

Fake job tasks are costing victims millions, FTC warns

FTC warns job seekers are being scammed out of millions in a new task scam.

International Business Times UK

Fortnite Refund Policy: How Epic Games Will Pay Users in £56.48M Record Refund Case

Epic Games will pay $245M for misleading billing practices, which violated the Fortnite return policy. The FTC will distribute refunds to millions of players.

Salon

Under Trump, the "Khan approach" is dead

Trump's nominees in the FTC and DOJ's antitrust division will test the "Khanservative's" commitment to antitrust

Reason

Mark Meador's Nomination to the Federal Trade Commission Is Bad News for Consumers

Meador’s nomination is a win for antitrust activism and a blow to economic freedom.

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news in one place.

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The Independent UK

Whiskey and tequila prices drop for the holidays despite 2024 alcohol inflation

Beer served in bars is nearly 4% more expensive than last year

Al Jazeera

The Trump administration could reverse progress on AI regulation

Trump’s pick for the US FTC chair is expected to push back against regulating AI, undermining efforts so far.

Reason

Kroger-Albertsons Merger Halted by the Federal Trade Commission

The Federal Trade Commission's antitrust action does not benefit grocery shoppers.

The Conversation

What’s next for Albertsons after calling off its $25B grocery merger with Kroger: More lawsuits

Albertsons announced on Dec. 11, 2024, that it had called off an attempted merger with Kroger and would sue Kroger for breach of contract. The US$25 billion deal, first announced in 2022, would have combined Cincinnati-based Kroger, already the largest traditional U.S. supermarket chain, with Boise, Idaho-based Albertsons, which is…

Reason

Mike Lee's App Store Accountability Act Would Make Google and Apple Check IDs

Lee says this is about "sexual and violent content." It goes far beyond that.

Fortune

Fortnite players could be owed $114. Here's how to claim it.

Epic Games agrees to $245 million settlement.

TechRadar

Google wants the FTC to stop exclusive Microsoft cloud deal with OpenAI

Microsoft is OpenAI’s exclusive cloud provider, but Google says this could be costly and damaging to customers.

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