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The Latest Breaking News from FTC

Lina Khan’s legacy could prove to be fragile as Trump pick takes helm of FTC

Outgoing agency head was a determined antitrust enforcer during her tenure, but some detractors say she was a bully with unchecked power

The Guardian - US

The FTC is concerned about Big Tech-AI startup partnerships — Microsoft-Open AI raises alarms

The FTC warns that multi-billion-dollar partnerships between Big Tech and AI startups could lead to the monopolization of the AI and cloud computing sectors.

Tom’s Hardware

FTC says Genshin Impact 'deceived children' and orders its publisher to pay a $20 million fine and stop selling loot boxes to kids

The FTC says "Genshin Impact deceived children, teens, and other players into spending hundreds of dollars on prizes they stood little chance of winning."

PC Gamer

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SEC enforcement blitz targets 7 financial firms as Biden administration winds down

The SEC disclosed 7 actions against alleged misbehavior with only three days left for the Biden administration.

Fortune

Caught secretly selling car owners’ driving data, General Motors slapped with a hefty ban by Lina Khan’s FTC

The U.S. carmaker had been harvesting drivers' data that was of particular value for insurers keen on better assessing the risk posed by policyholders.

Fortune

US lawsuit accuses Pepsi company of price discrimination that favored Walmart over smaller stores

A lawsuit filed by the Federal Trade Commission alleges that food and beverage maker PepsiCo engaged in illegal price discrimination by giving unfair price advantages to one big-box retailer

The Independent UK

Feds Ban General Motors from Selling Your Data

The US Federal Trade Commission has banned General Motors from selling sensitive driver data. The agency alleges that the automaker and its OnStar service collected and sold precious geolocation and driving behavior data without obtaining proper consent, and now it can’t sell it to consumer reporting agencies for five years.

Motor1

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Cash advance apps: The new loan sharks?

The Federal Trade Commission has cracked down on the apps, saying they mislead consumers

Salon

Regulation, Prohibition, and Litigation: Joe Biden's Busy Lame-Duck Period

Why should an unpopular president shape so much policy on his way out?

Reason

Trump’s impact on M&A: Part chaos, part back-to-business, all action

Bankers see scope for 2025 to unlock the pent-up M&A pipeline

Fortune

FTC sues Greystar, saying the property manager used hidden fees to swindle renters out of millions

The U.S. Federal Trade Commission has filed a lawsuit accusing property management company Greystar of swindling renters across the country out of at least $100 million using hidden fees

The Independent UK

Millions of hotel users see personal info checked out in huge data leak

A dataset containing the information of 24 million hotel users was discovered unsecured online.

TechRadar

GoDaddy told to up security practices by FTC

GoDaddy has reached an agreement with the FTC after receiving formal complaint surrounding its security practices.

TechRadar

$1 million in refunds are on their way to those who picked up Razer's not-actually-N95 Zephyr mask

Mask off.

PC Gamer

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The Independent UK

FTC sues Deere & Co. for monopolizing farm-equipment repair market

The Federal Trade Commission is accusing Deere & Co. of unfairly monopolizing the farm-equipment repair market

Fortune

UnitedHealth, employer of slain exec Brian Thompson, found to have overcharged cancer patients for drugs by over 1,000%

The report is the latest indictment of America’s broken healthcare system.

Tom’s Guide

Musk, TikTok, and big tech – Donald Trump and data privacy

Donald Trump has returned to the White House and become President of the United States for a second time. But eight years after his last stint, what does this Trump administration mean for the future of data privacy in the US.

Tom’s Hardware

Razer settles 'deceptive' marketing FTC lawsuit for over $1 million — 6,764 Zephyr mask buyers to get full refunds

The FTC fined Razer $100,000 for the deceptive marketing of its Zephyr mask and also ordered it to payback a total of $1,071,254.33 to all of its buyers.

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Top News

FTC Report Reveals Pbms Inflated Drug Prices For Profit

FTC report exposes PBMs inflating drug prices, sparking debate on industry oversight.

Al Jazeera

How the Trump administration threatens internet freedoms

Trump picks to lead gov’t agencies like FCC, FTC may censor speech and make the internet less free.

The Guardian - UK

Chinese officials reportedly discuss sale of TikTok in US to Elon Musk

Tech company rejects as ‘pure fiction’ a report that a deal could take place if it fails to avoid an impending ban

The Independent UK

Scam warning for anyone hit by the LA wildfires

Here’s what to do if you think you are being scammed

Reason

The Incoming FCC Chief Is No 'Warrior for Free Speech'

Brendan Carr is prepared to block a merger because he doesn't approve of minor CBS editorial decisions.

Salon

Businesses are paying big to tame Trump

As more money pours in, it underscores the degree to which powerful companies are willing to court his favor

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