The Latest Breaking News from FTC

Amazon pays over $30 million to settle Alexa and Ring privacy lawsuits

Amazon settles two FTC complaints in one day to the tune of around £25 million

Evening Standard · Jun 1, 2023

Amazon to pay out $30.8m over alleged spying on customers

Tech giant agrees to settlement after employee allegedly spied on women using Ring cameras in bedrooms and bathrooms.

Al Jazeera · Jun 1, 2023

Amazon to pay over $30 million in FTC settlements over Ring, Alexa privacy violations

Amazon Alexa violated children's privacy, FTC says.

Axios · May 31, 2023

Accused seller of ‘sham’ health insurance paid $100 million for consumer refunds before seeking bankruptcy protection

A Tampa, Florida-based health insurance distributor accused by the Federal Trade Commission of misleading consumers into buying “sham” health insurance plans has filed for Chapter 11 bankruptcy protection.

Tribune News Service · May 25, 2023

The FTC Is Investigating Anti-Competitive Baby Formula Contracts. Bad Federal Policy Is To Blame.

If the FTC wants to know why there's such a notable lack of competition within America's baby formula market, it ought to ask other parts of the federal bureaucracy.

Reason · May 24, 2023

A more aggressive FTC is starting to target drug mergers and industry middlemen

Under the leadership of an aggressive opponent of anti-competitive business practices, the Federal Trade Commission is moving against drug companies and industry middlemen as part of the Biden administration’s push for lower drug prices at the pharmacy counter.

Tribune News Service · May 24, 2023

Activision Blizzard says it's 'committed to the Chinese market' following China's approval of Microsoft acquisition

Activision Blizzard gets a little good news from China for the first time in a while.

PC Gamer · May 22, 2023

Microsoft's purchase of Activision Blizzard reportedly approved in China

Chinese regulator SAMRA reportedly approved Microsoft's Activision Blizzard purchase for Xbox.

Windows Central · May 19, 2023

Carl Icahn’s activist play plays into the hands of Lina Khan and EU regulators

Every company with acquisition plans in the U.S. and Europe should be concerned about the FTC partnering with EU regulators to sink the Illumina-Grail deal.

Fortune · May 19, 2023

Scammers cost consumers $8.8 billion last year. Here’s how you can avoid becoming a target

Knowing the common warning signs of fraud can help you stop fraud in its tracks.

Fortune · May 18, 2023