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The Latest Breaking News from The Federal Trade Commission

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.

International Business Times

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

The Independent UK

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.

International Business Times

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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

The Independent UK

Lina Khan's Future At FTC In Jeopardy Under Trump

Lina Khan, head of the FTC, faces potential replacement under Trump's return, signaling a shift in regulatory priorities.

Top News

"Predatory": Are grocers overcharging?

Sen. Elizabeth Warren and Rep. Adam Schiff are concerned supermarkets are overcharging customers

Salon

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Good Riddance, Lina Khan

Under Khan's leadership, the Federal Trade Commission has been bad for business and bad for consumers.

Reason

Analysts see tech policy changes in potential GOP-led Senate - Roll Call

Republican control of the Senate would likely tilt tech policy on AI and other areas toward industry-friendly terms.

Roll Call

AI, cryptocurrencies and data privacy: Comparing the Trump and Harris records on technology regulation

It’s not surprising that technology regulation is an important issue in the 2024 U.S. presidential campaign.

The Conversation

Gym-Avoiders Rejoice As New 'Click to Cancel' Rule Puts an End to Infamously Irritating Membership Cancellation Process

Inactive gym members reluctant to embark upon an arduous membership cancellation process can look forward to a less painful process thanks to the Federal Trade Commission's new "Click-to-Cancel" rule.

Latin Times

It Is Becoming Easier To Cancel Those Unwanted Subscriptions; Here's How

The Federal Trade Commission (FTC) unveils its new modifications to an existing policy to stop difficult cancellations.

International Business Times

Canceling memberships just got easier

The Federal Trade Commission's new "click to cancel" rule aims to smooth the process for consumers

Salon

Marriott Agrees To Pay $52 Million Penalty, Boost Security After Data Breaches

The Federal Trade Commission (FTC), attorneys general from 49 states, and the District of Columbia, confirmed having reached separate settlement agreements with the hotel giant on Wednesday.

International Business Times

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The Independent UK

Judge rules the FTC can proceed with antitrust lawsuit against Amazon, tosses out few state claims

A federal judge said the Federal Trade Commission can proceed with its landmark antitrust lawsuit against Amazon

Fortune

Does 23andMe have your DNA? Take these steps to delete your data

23andMe has recently come under fire. What does that mean for its 15 million customers?

PC Gamer

Operation AI Comply has come out swinging against five companies the FTC says are peddling 'deceptive AI claims and schemes'

Five's a good start sure, but I'll bet this has made a few AI hype merchants more than a little worried.

The Independent UK

Invitation Homes agrees to pay $48 million to settle claims it saddled tenants with hidden fees

The nation’s largest owner of single-family homes for rent has agreed to pay $48 million to settle claims by the Federal Trade Commission

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International Business Times

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

The Independent UK

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

Kiplinger

IRS Back Taxes Scam Call Steals Millions

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

The Conversation

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 Independent UK

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

Reason

E.U. Regulations Made the CrowdStrike Fiasco Much Worse

The Brussels Effect makes meddlesome European regulations a global problem.

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