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The Latest Breaking News from US Federal Trade Commission

Feds Ban General Motors from Selling Your Data

The US Federal Trade Commission has banned General Motors from selling sensitive driver data. The agency alleges that the automaker and its OnStar service collected and sold precious geolocation and driving behavior data without obtaining proper consent, and now it can’t sell it to consumer reporting agencies for five years.

Motor1

Microsoft is ready to fight for its $69 billion Activision deal

Microsoft Corp. is ready to fight for its $69 billion acquisition of gaming company Activision Blizzard Inc. if the US Federal Trade Commission files a lawsuit seeking to block the deal, according to a person familiar with the matter.

Tribune News Service

US Begins Antitrust Review of Amazon’s Takeover of Vacuum Maker iRobot

The US Federal Trade Commission has begun a review of Amazon.com's (AMZN.O) $1.7 billion takeover of robot vacuum maker iRobot Corp (IRBT.O) to decide if the deal violates antitrust law, Politico reported on Friday, citing people familiar with the matter. The US anti-trust body’s iRobot review is wide-ranging and would…

Asharq Al-Awsat

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Meta learned via a tweet of FTC’s surprise suit to block vr deal

Meta Platforms Inc. learned that the US Federal Trade Commission was suing the company over one of its smaller acquisitions via a Twitter post.

Tribune News Service

Social Media And Crypto a Combustible Combination for Fraud: FTC Report

Social media and cryptocurrencies are a combustible combination for fraud, with nearly half the people who reported losing crypto to a scam since 2021 saying it started with an advertisement, post, or message on a social media platform, according to a report by the US Federal Trade Commission (FTC).

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