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The Latest Breaking News from FTC

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.

Top News

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

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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

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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

Fake job tasks are costing victims millions, FTC warns

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

TechRadar

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.

International Business Times UK

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

Salon

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.

Reason

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

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

The Independent UK

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.

Al Jazeera

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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.

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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.

International Business Times UK

Here's Why The Kroeger Albertsons Merger Was Blocked And What It Means For Consumers

A federal judge blocked Kroger's £19.58B merger with Albertsons. The judge ruled the deal would harm consumers by reducing competition.

Windows Central

Google asks US government to shatter Microsoft's exclusive cloud deal with OpenAI, claiming consumers may incur extra charges buying the ChatGPT maker's tech through Microsoft

Google recently requested the US Federal Trade Commission to break Microsoft's exclusive deal to host OpenAI's technology on its cloud servers. The company claims consumers may incur additional charges when buying OpenAI products through Microsoft servers.

International Business Times

Fortnite Refunds: Who Is Eligible And Can You Still Make A Claim?

The FTC will make the first refunds totaling $72 million for Fortnite players and customers who were "duped" into making unwanted in-game purchases – find out if you're eligible to make a claim.

International Business Times

US Courts Block Kroger's $25 Bn Supermarket Mega-merger

Two US courts ruled against supermarket giant Kroger's planned $24.6 billion acquisition of rival chain Albertsons on Tuesday, dealing an existential threat to the merger in a win for the Federal Trade Commission, which had argued the deal would harm consumers.

Top News

President-Elect Trump Selects Andrew Ferguson As FTC Chair

President-elect Trump announces Andrew Ferguson as FTC chair and Mark Meador as commissioner. Speculation on tech antitrust cases.

The Independent UK

Federal judge blocks grocery megamerger between Kroger and Albertsons over monopoly concerns

A federal judge has temporarily halted a proposed merger between supermarket giants Kroger and Albertsons, an action that could scuttle the deal

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