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The Latest Breaking News from FTC

AI Won't Save Your Failing Dealership. Not Being an Awful Human Will

There are two things that Americans can agree on: Public lands are good, and dealerships suck. But this article touting how AI will save dealerships fails to address why we hate them.

RideApart

Federal Trade Commission Staff Endorses Proposal to End American Bar Association Monopoly on Law School Accreditation

FTC staff support the proposal by the Texas Supreme Court to allow for alternative means of accreditation.

Reason

John Roberts has badly weakened our democracy. Will he ever stand up to Trump?

Under the chief justice, the US supreme court has bolstered authoritarian agendas while undercutting the voice of voters

The Guardian - US

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I'm a Cross-Border Financial Adviser: 5 Things I Wish Americans Knew About Taxes Before Moving to Portugal

Moving to Portugal might not be the clean financial break you expect due to U.S. tax obligations, foreign investment risks, lower investment yields and more.

Kiplinger

Stop Financial Scams Now: 4 Expert Tips from Suze Orman

Scams targeting seniors are surging, as the FTC reported $445M lost in 2024 alone. Get Suze Orman’s prevention tips, from verifying accounts to reporting scams.

GOBankingRates

Europe loosens reins on AI – and US takes them off

EU and US unshackle regulations in quest for growth, and is the AI bubble about to burst? Not yet, says Nvidia

The Guardian - US

Meta Wins FTC Fight, Keeps Instagram Growth Machine Intact

Meta Platforms has put the potential loss of Instagram and WhatsApp in the rearview mirror, maintaining vital sources of current and potential growth.

MarketBeat

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Amazon starts Prime payouts from $2.5 billion settlement – here's how the refunds work and when you might get one

Amazon's started paying out $1.5 billion of its record-breaking settlement with the FTC which is earmarked to refund Prime customers.

TechRadar

Amazon Begins Issuing Prime Refunds After $2.5 Billion FTC Settlement

The agreement, one of the largest consumer protection settlements in the FTC's history, includes $1 billion in civil penalties and $1.5 billion set aside for consumer refunds.

International Business Times

Amazon Is Sending Automatic Refunds To Millions After Record $2.5 Billion FTC Settlement: Here's What You Must Do To Claim Yours

On Wednesday, Amazon.com, Inc. (NASDAQ:AMZN) began issuing automatic refunds to millions of customers as part of a sweeping $2.5 billion settlement with federal regulators.

Benzinga

Amazon's $1.5 billion settlement payments rolling out now — how to get yours

Learn how to claim your Amazon Prime settlement refund.

Tom’s Guide

Meta's Victory Over the Federal Trade Commission Shows the Market Moves Faster Than Antitrust Enforcement

The decision ends the witch hunt begun under the first Trump administration.

Reason

People Like Having Too Much Content, Says Swiss Study on Information Abundance

Plus: FTC loses Facebook case, building a fertility abundance agenda, ICE staffer arrested in underage sex sting, and more...

Reason

Is Meta Stock a Buy or a Sell Before Michael Burry Drops His Bombshell on November 25?

Meta Platforms stock has been under pressure of late, among others, due to the allegations that Michael Burry has leveled against hyperscalers. Burry has promised more information on November 25, but Meta's risk-reward looks quite attractive now after the recent crash.

Barchart

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International Business Times UK

Instagram & WhatsApp Saved by TikTok? — Meta Clears Historic Legal Hurdle

Meta escapes a historic FTC antitrust challenge as a judge rules it is not a monopoly, keeping Instagram and WhatsApp intact. But here is how TikTok helped.

Euronews

Meta wins historic FTC antitrust trial focused on WhatsApp, Instagram

Meta's acquisitions of Instagram and WhatsApp don't violate US antitrust law, ruled district judge James Boasberg on Tuesday.

International Business Times

Meta Avoids Divestiture In Landmark Antitrust Case, Raising Questions For Regulators

Regulators argued the acquisitions were part of a strategy to suppress competition and maintain dominance in personal social networking.

The Guardian - US

Meta wins major US antitrust case and won’t have to break off WhatsApp or Instagram

Challenge to Meta could have forced it to spin off Instagram and WhatsApp, but judge ruled company did not hold social networking monopoly

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Android Central

Meta cleared of monopoly claims as judge highlights competition with TikTok

A U.S. federal judge ruled in favor of Meta, stating it does not maintain a monopoly in the social media space.

Benzinga

Meta Wins FTC Antitrust Case, Not A Social Media Monopoly

A federal judge has handed a major legal triumph to Meta Platforms, Inc. (NASDAQ:META), the parent company of Facebook, officially rejecting government accusations that the tech giant maintains an illegal monopoly on personal social networking.

The Independent UK

Meta prevails in historic FTC antitrust case, won't have to break off WhatsApp, Instagram

Meta has prevailed over an existential challenge to its business that could have forced the tech giant to spin off Instagram and WhatsApp after a judge ruled that the company does not hold a monopoly in social networking

Benzinga

Wealthy New Yorkers Reportedly 'Looking For Therapy' After Zohran Mamdani Taps Former FTC Chair Lena Khan As His Transition Team Co-Chair

New York City's business elite didn't wait long to panic after Mayor-elect Zohran Mamdani announced that former Federal Trade Commission Chair Lina Khan would co-lead his transition team.

The Independent UK

I dropped $50K in a Mercedes backseat after a call ‘from the CIA’: How smart, sophisticated people get conned

Scam artists steal more than $16 billion in the U.S. every year – and AI is making it easier

The Guardian - US

Mamdani’s appointment of Lina Khan a warning to private equity, experts say

Ex-FTC chair was among first to go after practice of folding local firms into larger ones leading to higher prices

Reason

How Lina Khan Is Busy Striving To Maximize Mamdani's Power

Using the mighty power of government to…make stadium hot dogs cheaper? It's one of many ways Khan's petty populism could be coming to New York City.

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