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The Latest Breaking News from The Federal Trade Commission

FTC Sues 'Middlemen' For Inflating Insulin Drug Prices

The suit accuses the "Big Three" of steering diabetes patients toward high-priced insulin to benefit their bottom lines

International Business Times

Kroger and Albertsons prepare to make a final federal court argument for their merger

Closing arguments are coming up in the Federal Trade Commission's attempt to block the proposed merger of supermarket chains Kroger and Albertsons

The Independent UK

IRS Back Taxes Scam Call Steals Millions

IRS fakes are cheating thousands of people out of “overdue tax debt.” Are you next?

Kiplinger

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Why is it so hard to cancel subscriptions or end ‘free’ trials? Report shows how companies trap you into paying

Many businesses are trapping Australian consumers in paid subscriptions by making them hard to cancel, hiding important details and offering “free” trials that auto-renew with hefty charges. We need law reform to tackle this continuing problem.

The Conversation

Gift card scams generate billions for fraudsters and industry as regulators fail to protect consumers − and how one 83-year-old fell into the ‘fear bubble’

Wednesday morning, the day before Thanksgiving, Mae awoke, set her hair in curlers and switched on her laptop. The screen froze and a message appeared. It said her Safari web browser had encountered a problem, and a link offered to connect the 83-year-old to the Apple Computer Company. Mae clicked…

The Conversation

Coin company accused of 9/11 ‘scam’ is selling $2 bills with Trump’s assassination fist pump on for $20

Company has sold at least seven variations of a $2 bill with Trump’s face, mugshot or likeness on it

The Independent UK

E.U. Regulations Made the CrowdStrike Fiasco Much Worse

The Brussels Effect makes meddlesome European regulations a global problem.

Reason

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Car Companies Know When You Speed. Then They Sell That Data

Now two U.S. Senators are urging the federal government to intervene. Will you ever have true privacy in the connected car era?

InsideEVs

The Federal Trade Commission Needs To Stay in its Lane

Recent actions by the FTC show that its officers should review the Constitution.

Reason

FTC Investigates Companies For Surveillance Pricing Practices

FTC investigates companies using personal data for surveillance pricing, raising privacy concerns.

Top News

FTC orders 8 companies to provide information on 'surveillance pricing' practices

The Federal Trade Commission has ordered information from eight companies that the agency says offer products and services that use personal data to set prices based on a shopper’s individual characteristics

The Independent UK

Grocery's biggest merger stuck in limbo

The merger of two of the country's biggest supermarkets now faces both state and federal legal hurdles

Salon

Senator calls out Big Tech's new approach to poaching talent, products from smaller AI startups

U.S. Sen. Ron Wyden is calling for action against a new practice big technology companies are using to swallow up the talent and products of innovative AI startups without formally acquiring them

The Independent UK

Scammers are swiping billions from Americans every year. Worse, most crooks are getting away with it

Sophisticated overseas criminals are stealing tens of billions of dollars from Americans every year, a crime wave projected to get worse as the U.S. population ages and technology makes it easier to successfully perpetrate fraud

The Independent UK

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The Independent UK

FTC says gig company Arise misled consumers about how much money they could make on its platform

The Federal Trade Commission is taking action against a gig work company, saying it misled people about the money they could make on its platform

International Business Times UK

Users Lost $60M To Microsoft-related Scams In 2023: Here Are 4 Other Companies Scammers Use To Steal Your Money

A new report reveals scammers impersonate trusted brands to steal money. Microsoft and Publishers Clearing House scams caused the highest losses.

Salon

Viral post exposes tech support of Trump

Silicon Valley increasingly depends on scammy products, and no one is friendlier to grifters than Trump

Top News

FTC Refers Tiktok Complaint To Department Of Justice

FTC refers TikTok complaint to DOJ for alleged COPPA violations and deceptive practices, sparking legal battle.

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The Independent UK

Federal Trade Commission refers complaint about TikTok's adherence to child privacy law to the DOJ

The Federal Trade Commission has referred a complaint against TikTok and its Beijing-based parent company to the Department of Justice

Al Jazeera

Why Microsoft, OpenAI and Nvidia are facing antimonopoly probes

US Justice Department and Federal Trade Commission are seeking to root out anticompetitive practices in field of AI.

Fortune

AI's regulatory troubles pile up as U.S. prepares antitrust probes and activists target Meta over privacy

The Justice Department will reportedly tackle Nvidia, with the Federal Trade Commission taking on OpenAI and Microsoft.

The Guardian - UK

Microsoft, OpenAI and Nvidia investigated over monopoly laws

US regulators open inquiry into AI firms over antitrust laws that oversee fair competition

Roll Call

Congress asked to probe tech companies hiding antitrust evidence - Roll Call

Anti-monopoly groups requested Congress investigate tech company employees encrypting messages to destroy evidence.

The Independent UK

Bottoms up: FTC set to sue country’s largest alcohol distributor over how it prices spirits

The US competition regulator is said to be preparing a lawsuit against Southern Glazer’s Wine and Spirits under a rarely-used 1936 law

Fortune

Lina Khan’s noncompete crackdown could leave most doctors and nurses out in the cold

Provider groups are disappointed that the Federal Trade Commission’s new rule may not protect those who work for nonprofit hospitals and health care facilities, which employ the largest number of medical professionals.

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