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The Latest Breaking News from The Federal Trade Commission

Crypto and big tech’s backing pays off as Trump makes tech-friendly moves

Flurry of directives relaxes regulations and drops lawsuit – and billionaires who donated to Trump are ready to benefit

The Guardian - US

Amazon is boasting record profits but one mystery remains: How much are seller fees boosting the bottom line?

Amazon's cloud and ad divisions are key contributors to its record profit. But the tech giant keeps the full picture murky.

Fortune

'Genshin Impact' Dev Cognosphere Ordered To Pay $20 Million in Relation to FTC Charges

Genshin Impact developer Cognosphere agreed to pay a $20 million settlement with the Federal Trade Commission over a number of charges.

Player One

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read the most diverse news in one place.

Lina Khan’s legacy could prove to be fragile as Trump pick takes helm of FTC

Outgoing agency head was a determined antitrust enforcer during her tenure, but some detractors say she was a bully with unchecked power

The Guardian - US

US lawsuit accuses Pepsi company of price discrimination that favored Walmart over smaller stores

A lawsuit filed by the Federal Trade Commission alleges that food and beverage maker PepsiCo engaged in illegal price discrimination by giving unfair price advantages to one big-box retailer

The Independent UK

Cash advance apps: The new loan sharks?

The Federal Trade Commission has cracked down on the apps, saying they mislead consumers

Salon

FTC sues Deere & Co. for monopolizing farm-equipment repair market

The Federal Trade Commission is accusing Deere & Co. of unfairly monopolizing the farm-equipment repair market

The Independent UK

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UnitedHealth, employer of slain exec Brian Thompson, found to have overcharged cancer patients for drugs by over 1,000%

The report is the latest indictment of America’s broken healthcare system.

Fortune

Musk, TikTok, and big tech – Donald Trump and data privacy

Donald Trump has returned to the White House and become President of the United States for a second time. But eight years after his last stint, what does this Trump administration mean for the future of data privacy in the US.

Tom’s Guide

Grubhub to pay $25M in deceptive practices settlement with Illinois attorney general and the FTC

Grubhub Inc. will pay $25 million to settle a dispute over alleged deceptive business practices with the Illinois attorney general and the Federal Trade Commission

The Independent UK

Concert promoters, hotels and lodging sites soon will have to disclose extra fees up front

The Federal Trade Commission says it will soon require hotels, vacation rental platforms and live event promoters to disclose any fees up front when they list prices

The Independent UK

Harley-Davidson's Warranty Policies are Predatory Says Owners' Lawsuit

While my law experience is attempting to get out of a few—read many—speeding tickets over the years, there's always been something about contract law that irks me. And that's how aftermarket parts can void warranties. I understand that if you throw on a turbocharger or add nitrous to a UTV, hence…

RideApart

Mark Meador's Nomination to the Federal Trade Commission Is Bad News for Consumers

Meador’s nomination is a win for antitrust activism and a blow to economic freedom.

Reason

Kroger-Albertsons Merger Halted by the Federal Trade Commission

The Federal Trade Commission's antitrust action does not benefit grocery shoppers.

Reason

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Fortune

Fortnite players could be owed $114. Here's how to claim it.

Epic Games agrees to $245 million settlement.

International Business Times

US Courts Block Kroger's $25 Bn Supermarket Mega-merger

Two US courts ruled against supermarket giant Kroger's planned $24.6 billion acquisition of rival chain Albertsons on Tuesday, dealing an existential threat to the merger in a win for the Federal Trade Commission, which had argued the deal would harm consumers.

The Independent UK

Fortnite players 'tricked' into unwanted purchases are starting to get refunds. Here's how to apply

U.S. consumers who were tricked into purchases they didn’t want from Fortnite maker Epic Games are now starting to receive refund checks, the Federal Trade Commission said this week

Reason

Trump Is Coming for Tech Companies

It looks like we can expect the antitrust assaults to continue.

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news in one place.

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International Business Times

Senators Press for Antitrust Investigation Into FanDuel and DraftKings

Sens. Mike Lee and Peter Welch asked the Justice Department and Federal Trade Commission to investigate the online betting platforms' relationship, which they claim violates antitrust laws.

The Independent UK

FTC opens Microsoft antitrust investigation that Trump administration must carry on or drop

Antitrust enforcers with the Federal Trade Commission have opened a wide-ranging investigation into Microsoft’s business practices, starting off a big legal project that an incoming Trump administration must take up or abandon

International Business Times

9 In 10 'Smart' Devices Could Face Security Threats: Feds

88.6% of 184 manufacturers' web pages for the products failed to disclose how long they would receive software updates, leaving them exposed to potential harm.

The Independent UK

Wall Street eyes M&A revival if new Trump administration ushers in lower rates, looser scrutiny

Wall Street is betting corporate dealmaking could bounce back next year if the new Trump administration ushers in lower interest rates and looser regulatory scrutiny

The Independent UK

Trump’s NATO pick used to work for company offering a ‘masculine toilet’ for well-endowed men

Matthew Whitaker once worked for a business that promoted left-field inventions before it was shut down by the Federal Trade Commission