Shady Dealership Upcharges Are Now Illegal The FTC finalized the rule it proposed last year, cracking down on bogus fees. And NADA isn't happy about it. Motor1 · Dec 13, 2023
Toyota Slammed For 'Misleading' Public About EVs in FTC Complaint (Updated) A firm has filed a public complaint with the U.S. Federal Trade Commission over Toyota's alleged "misleading" EV advertising practices. InsideEVs · Dec 13, 2023
The FTC should embrace proactive problem-solving The legal precedent would strongly discourage companies from trying to solve perceived problems with proposed transactions. Fortune · Dec 13, 2023
Credit Karma Claims Process Begins. Are You Owed Money? Some Credit Karma users may be due payment as part of the company's $3 million settlement with the federal government. Kiplinger · Dec 11, 2023
How much does text message fraud cost Americans? In 2022, most text fraud reports of financial loss involved less than $1,000 — but over 88,000 reports involved losses of more than $10,000. USAFacts · Dec 11, 2023
Amazon asks federal judge to dismiss the FTC's antitrust lawsuit against the company Attorneys for Amazon have asked a federal judge to dismiss the Federal Trade Commission’s antitrust lawsuit against the e-commerce giant The Independent UK · Dec 9, 2023
FTC opens inquiry of Chevron-Hess merger, marking second review this week of major oil industry deal The Federal Trade Commission is investigating Chevron’s acquisition of Hess oil company, the second inquiry the independent agency has opened this week of a major oil industry merger The Independent UK · Dec 8, 2023
Microsoft vs. FTC II: The Wrath of Khan — the FTC once again comes for Microsoft, for gaming, and now AI too The FTC will take a closer look to see if Microsoft and OpenAI violated antitrust laws. At this stage, the FTC has started preliminary inquiries but has not opened a formal investigation. Windows Central · Dec 8, 2023
US senators introduce ‘fans first’ live-event ticketing reform bill Bipartisan act aims to protect buyers from inflated pricing following Ticketmaster’s disastrous handling of Taylor Swift tour The Guardian - US · Dec 8, 2023
What Elizabeth Warren's Fear of a 'Sandwich Shop Monopoly' Reveals About Democrats' Priorities Should a federal government that is nearly $34 trillion in debt and can't manage basic operations be micromanaging fast-food business purchases? Reason · Dec 8, 2023
Microsoft and Xbox announced 'Marvel's Blade' at The Game Awards — but could it also be coming to PlayStation? Microsoft and Xbox announced Marvel's Blade at The Game Awards, built by Arkane Lyon of Dishonored fame. The teaser trailer for the game generated a significant amount of hype, but there were no platforms mentioned anywhere, which is leading some to think that it won't be Xbox exclusive. Windows Central · Dec 8, 2023
Ex–Twitter exec claims Elon Musk’s cost-cutting zeal gutted a federal agreement—and says he was fired for sounding the alarm Alan Rosa said Twitter unlawfully fired him and denied him severance over his refusal to breach an FTC consent decree. Fortune · Dec 7, 2023
Competition cop Lina Khan’s antitrust overreach is hurting U.S. competitiveness–and destroying billions of dollars in value Antitrust overreach is hurting America's global competitiveness, with the FTC calculating industry concentration on a purely domestic basis. Fortune · Dec 7, 2023
The Independent UK · Dec 6, 2023 A father is warning others about a new AI ‘family emergency scam’ Philadelphia attorney Gary Schildhorn received a call from who he believed was his son, saying that he needed money to post bail following a car crash. Mr Schildhorn later found out he nearly fell victim to scammers using AI to clone his son’s voice, reports Andrea Blanco
The Independent UK · Dec 6, 2023 The common scam around the holidays – and how to get your money back Everything you need to know about gift card scams
Fortune · Dec 6, 2023 Khosla, Tiger, NEA, and 27 other VC firms warn of “destructive” impact of FTC’s current M&A approach “Exits through acquisition are critical to creating and maintaining a self-sustaining cycle of innovation,” a letter singed by the firms reads.
The Independent UK · Dec 5, 2023 Federal Trade Commission is investigating ExxonMobil's $60B deal to acquire a Texas oil company Security filings show the Federal Trade Commission is investigating ExxonMobil’s $60 billion deal to acquire a Texas oil company, potentially one the largest energy industry mergers in two decades
International Business Times · Dec 5, 2023 US Antitrust Regulators Probe ExxonMobil's Pioneer Deal US antitrust officials are seeking additional information related to ExxonMobil's megadeal to acquire Pioneer Natural Resources for about $60 billion, according to a securities filing Tuesday.
Kiplinger · Dec 4, 2023 Scammers Are Pretending to Be From Your Utility Company. Here's How To Shut Them Down With scams in the utility sector on the rise during cold winter months, companies are spreading the word for customers to be on the lookout for fraudsters.
Windows Central · Dec 1, 2023 Microsoft Gaming CEO Phil Spencer says the ability to buy games and play through Xbox Cloud Gaming is still on the way In an interview with Windows Central, Microsoft Gaming CEO Phil Spencer noted that the ability to play games you own through Xbox Cloud Gaming is still on the way.
International Business Times · Dec 1, 2023 Meta Sues US Regulator To Stop Privacy Settlement Change Meta filed a lawsuit late Wednesday arguing that US regulators planning to change the terms of a 2020 privacy settlement are overstepping their authority and should be stopped.
The Independent UK · Nov 30, 2023 Facebook parent Meta sues the FTC claiming 'unconstitutional authority' in child privacy case The parent company of Instagram and Facebook has sued the Federal Trade Commission in an attempt to stop the agency from reopening a 2020 privacy settlement with the company that would prohibit it from profiting from data it collects on users under 18
The Independent UK · Nov 29, 2023 A father nearly fell for an AI phone scam. He’s now speaking out to help others Philadelphia attorney Gary Schildhorn received a call from who he believed was his son, saying that he needed money to post bail following a car crash. Mr Schildhorn later found out he nearly fell victim to scammers using AI to clone his son’s voice, reports Andrea Blanco