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The Latest Breaking News from FTC

Exxon's Block Fails—Chevron Seals $53 Billion Hess Deal After Ruling

In a pivotal moment for the energy sector, Chevron Corporation‘s (NYSE:CVX) has won a dispute with Exxon Mobil Corporation (NYSE:XOM) over Hess Corp’s (NYSE:HESS) offshore oil assets in Guyana.

Settlement reached in investors’ lawsuit against Meta CEO Mark Zuckerberg and other company leaders

Settlement reached in investors’ lawsuit against Meta CEO Mark Zuckerberg and other company leaders

A settlement has been reached in a class action investors’ lawsuit against Meta CEO Mark Zuckerberg and company leaders over claims stemming from the privacy scandal involving the Cambridge Analytica political consulting firm

The Independent UK

Meta Shareholders Sue Mark Zuckerberg, Peter Thiel For $8 Billion Over Privacy Violations Linked To Cambridge Analytica Scandal

Meta Shareholders Sue Mark Zuckerberg, Peter Thiel For $8 Billion Over Privacy Violations Linked To Cambridge Analytica Scandal

On Wednesday, a trial began in Delaware, where Meta Platforms, Inc. (NASDAQ:META) shareholders are seeking $8 billion in damages from top executives, including Mark Zuckerberg, Peter Thiel and Sheryl Sandberg, over alleged failures to protect user data following the Cambridge Analytica scandal.

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Meta CEO Mark Zuckerberg expected to testify in $8 billion Facebook privacy lawsuit

A $8 billion-dollar class action investors’ lawsuit against Meta CEO Mark Zuckerberg and company leaders begins, with claims stemming from the privacy scandal involving the Cambridge Analytica political consulting firm

The Independent UK

The Department of Justice Just Sided with RFK Jr. Group's Claim That News Orgs Can't Boycott Misinformation

Applying antitrust statutes to alleged publisher boycotts doesn’t protect free speech. It does the opposite.

6 Online Deals That Were Too Good to Be Legal

The internet offers a world of amazing deals, but the promise of a steep discount can sometimes mask a deceptive or illegal scheme. Scammers exploit the excitement of online shopping to lure consumers into fraudulent situations that range from selling counterfeit goods to outright theft. The Federal Trade Commission (FTC)…

Grocery Coupon Guide

10 Financial Promises That Are Actually Legal Risks

Money advice is everywhere. You see it on social media, hear it from friends, and read it in emails. Some of it sounds great—easy fixes, quick wins, or “guaranteed” results. But not every financial promise is safe. In fact, some can land you in legal trouble. If you’re not careful,…

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Mark Zuckerberg Expected To Appear As Star Witness In $8 Billion Trial Over Alleged Privacy Violations

Mark Zuckerberg Expected To Appear As Star Witness In $8 Billion Trial Over Alleged Privacy Violations

The CEO of Meta Platforms Inc. (NASDAQ:META), Mark Zuckerberg, is expected to testify in a high-stakes trial where the company is accused of privacy violations.

One Tech Tip: 'Click-to-cancel' is over, but there are other ways to unsubscribe

One Tech Tip: 'Click-to-cancel' is over, but there are other ways to unsubscribe

A “click-to-cancel” rule, which would have made it easier for consumers to end unwanted subscriptions, has been blocked by a federal appeals court days before it was set to go into effect

The Independent UK

The 8th Circuit Court Was Right To Kill the FTC's 'Click-to-Cancel' Rule

The Federal Trade Commission ignored mandatory regulatory impact analyses in an attempt to institute its "click-to-cancel" rule.

These 5 ‘Free Trials’ Are Draining Your Bank Without Warning

These 5 ‘Free Trials’ Are Draining Your Bank Without Warning

Did you ever sign up for a “free trial” only to wake up to unexplained bank charges? You’re not alone—many unsuspecting consumers fall into the...

'Are You Really Free If Your Groceries Are So Expensive You Can't Afford Them?' Asks Former FTC Chair Lina Khan, Challenging Corporate Power

'Are You Really Free If Your Groceries Are So Expensive You Can't Afford Them?' Asks Former FTC Chair Lina Khan, Challenging Corporate Power

For years, Americans have been told the free market is working just fine. But former Federal Trade Commission Chair Lina Khan is pushing back against that idea, saying that growing corporate consolidation is making life harder and more expensive for everyday people.

Canceling Netflix, Prime Video and other streaming services may about to get harder — what to know

Canceling Netflix, Prime Video and other streaming services may about to get harder — what to know

A court ruling means 'click to cancel' is on hold

A 'click-to-cancel' rule, intended to make cancelling subscriptions easier, is blocked

A 'click-to-cancel' rule, intended to make cancelling subscriptions easier, is blocked

A “click-to-cancel” rule, which would have required businesses to make it easy for consumers to cancel unwanted subscriptions and memberships, has been blocked by a court days before it was set to go into effect

The Independent UK

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The Guardian - US

US court strikes down ‘click-to-cancel’ rule designed to make unsubscribing easier

Rule would have kept businesses from forcing customers through lengthy chats or other barriers to cancellation

9 Wellness Products That Made False Medical Claims

The wellness industry has exploded in recent years, promising everything from detoxification to disease prevention. While many products do offer real benefits, others rely on false medical claims to lure consumers into spending big. These exaggerated or outright fabricated health claims can be dangerous, especially when they replace proper medical…

Budget and the Bees

7 Funeral Home Practices That Were Just Made Illegal

The death of a loved one brings immense grief. This vulnerability makes families susceptible to predatory business practices. For decades, the Federal Trade Commission (FTC) governed the funeral industry with “The Funeral Rule.” Recognizing evolved consumer needs, the FTC recently updated these rules for the first time in 30 years.…

Harley-Davdison Japan Gets $1.4 Million Fine After an Anti-Monopoly Investigation

Harley-Davidson Japan was under investigation by Japanese authorities over claims of excessive dealer quotas on inventory, and violating national monopoly laws.

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The Conversation

The hidden cost of convenience: How your data pulls in hundreds of billions of dollars for app and social media companies

You wake up in the morning and, first thing, you open your weather app. You close that pesky ad that opens first and check the forecast. You like your weather app, which shows hourly weather forecasts for your location. And the app is free!

Last Call for Fortnite Refunds: Parents Can Still File a Claim

The FTC is sending out $126 million in refunds to families whose kids were charged for unwanted items in Fortnite — and there’s still time to file a claim.

International Business Times UK

FTC Refund for Fortnite Players Reaches $200M: Here's How Much is Remaining From the Settlement

The total refunds issued by FTC as part of Fortnite settlement is now $200 million! Can you still get yours?

The FTC is giving $126 million-worth of Fortnite refunds to players, and there's still time to submit a claim for one

Are YOU eligible for compensation?

The Independent UK

More refunds are being sent to Fortnite players 'tricked' into unwanted purchases. How you can apply

The Federal Trade Commission is issuing more refunds to Fortnite players who it says were charged for unwanted purchases

International Business Times

FTC Issues Nearly $126M in Refunds to Fortnite Players Over Deceptive Charges

The FTC is sending nearly $126 million in refunds to Fortnite players charged for unwanted in-game purchases and has reopened claims until July 9.

Tom’s Hardware

FTC to give $126 million back to Fortnite players who were charged for unwanted items — 950,000 payments refunded, and the deadline to claim your cash was just extended

The FTC has begun its second round of refunds for players affected by Fortnite's dark patterns that led to unwanted in-game purchases.

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