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The Latest Breaking News from FTC

Meta says no evidence it monopolized social media market, asks Judge to throw out antitrust case

Meta has stated that the FTC's evidence doesn't stack up, adding that content and engagement have improved since its acquisitions.

TechRadar

‘Customers are being duped’: how murky grocery sales tactics are squeezing some Kroger shoppers

Kroger stores in multiple states have overcharged customers by listing expired sale tags and then ringing up regular prices – a practice that adds extra burdens on struggling US families

The Guardian - US

Democrats take a break from going after Trump to go after Pepsi

Senators Elizabeth Warren, Cory Booker, and Rep. Jerry Nadler are demanding that PepsiCo explain its pricing strategy after being sued by FTC earlier this year for allegedly ‘rigging soft drink competition’

The Independent UK

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Ticketmaster finally changes pricing policy after massive backlash

The Biden administration’s ban on ‘junk fees’ began on Monday meaning greater transparency for fans

The Independent UK

Ticketmaster Will Now Show Upfront, Full Price of Tickets After FTC Ban on Junk Fees

Ticketmaster adheres to the FTC's ban against junk fees, with tickets now showing upfront prices before checkout.

International Business Times

As Biden-era 'junk fee' rule takes effect, Ticketmaster says it will display fees more clearly

A Biden administration ban on so-called “junk fees” took effect Monday

The Independent UK

FTC and DOJ push for data protection in Google antitrust case

Google's search engine monopoly has been met with remedies from the DOJ and further propositions, and the FTC is in agreement.

TechRadar

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‘I was so confused’: Woman can’t believe Walmart treated her like criminal for simply buying 7 gift cards

Shamed over gift cards!

We Got This Covered

FTC delays enforcing 'click to cancel' rule that would finally bring the hammer down on companies that make it as annoying as possible to cancel subscriptions

The Negative Option Rule is great for consumers, but the FTC isn't enforcing it

PC Gamer

‘Who is telling you to buy these?’: Woman tries to buy 7 gift cards at Walmart. Then a worker intervenes with an unusual question

Usually, buying a gift card is a simple transaction. You pick the one for the store the recipient would like best, or a Visa Vanilla if you want to give them the most choice, and head over to the checkout line where the cashier activates it for you. Simple, right?…

The Mary Sue

FTC loses bid to block Microsoft's acquisition of Activision Blizzard, which already happened in 2023

It's not technically over, but yeah, it's over.

PC Gamer

Microsoft, Xbox secure victory in FTC appeal, cementing $69b Activision Blizzard deal

A year and a half after Microsoft's colossal $69 billion acquisition of Activision Blizzard for Xbox closed, a U.S. court has struck down an appeal from the FTC to challenge the deal.

Windows Central

$475 for one character in a video game: Genshin Impact adds new gacha disclaimers after FTC orders it to make costs and currencies less confusing

An exclusive 5-star character can range from $1.98 to $475.20 USD

GamesRadar

Skype's Shutdown Proves Bigger Isn't Always Better

The death of a onetime powerhouse carries a lesson for antitrust enforcers—if they’ll listen.

Reason

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Tom’s Guide

What to do if you’ve been gift card scammed

This is everything you need to know about gift card scams including what you should do if you've fallen for one.

Salon

Trump's crypto racket hurts all wallets

Trump's crypto firm isn't just corrupt — he is making it easier for fraudsters to take your money

Fortune

Ex-FTC commissioner accuses former chair Lina Khan of 'procedural shenanigans' that iced M&A activity

A former FTC official who served under Khan said the accusation was “shockingly out of touch with reality.”

International Business Times

Elderly Americans Suffered Most In $9.3 Billion Crypto Scam Losses Last Year: FBI

Elderly Americans were the most targeted age group last year by crypto scammers and fraudsters, a new FBI report revealed, highlighting how threat actors set their eyes on the most vulnerable demographic to dupe U.S. consumers.

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news in one place.

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PC Gamer

Fallout 3 Remastered seems almost inevitable now, but still a long way off

And like the big sucker that I am, I'd lap it up.

Fortune

Instagram cofounder Kevin Systrom skewers Mark Zuckerberg, saying Meta starved his business after buying it for $1 billion over a decade ago

Systrom testified that Instagram had the potential to thrive independently and did not require Meta’s infrastructure or resources to scale.

The Independent UK

Trump admin sues Uber alleging company makes it too hard to cancel subscription

‘Americans are tired of getting signed up for unwanted subscriptions that seem impossible to cancel,’ the FTC chairman said

Fortune

FTC is suing Uber over ‘deceptive’ Uber One subscription service

The Federal Trade Commission has filed a lawsuit against Uber, alleging the company used deceptive practices to market and manage its Uber One subscription service.

Fortune

Morgan Stanley believed Google would rival Facebook if the search giant could beat Mark Zuckerberg to scooping up WhatsApp

Zuckerberg worried about Google diving into social media, and created a competitive buffer around Meta through M&A, according to allegations in court documents.

International Business Times

FTC Sues Uber Over 'Deceptive' Billing, Hard-To-Cancel Uber One Subscriptions

FTC Chairman Andrew Ferguson said in a statement that people are frustrated with being enrolled in unwanted subscriptions that are nearly impossible to cancel.

The Conversation

Google loses online ad monopoly case. But it’s just one of many antitrust battles against big tech

Tech giant Google has just suffered another legal blow in the United States, losing a landmark antitrust case. This follows on from the company’s loss in a similar case last year.

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