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The Latest Breaking News from Federal Trade Commission

Harris and Trump Both Say They Will Stop Price Gouging, But Making It Happen Will Be Tough

Economists say it requires crossing influential business lobbies to crack down on excessively high pricing by companies that dominate their industries.

Capital & Main

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

Can you trust companies that say their plastic products are recyclable? US regulators may crack down on deceptive claims

Plastic is a fast-growing segment of U.S. municipal solid waste, and most of it ends up in the environment. Just 9% of plastic collected in municipal solid waste was recycled as of 2018, the most recent year for which national data is available. The rest was burned in waste-to-energy plants…

The Conversation

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US Accuses Social Media Giants Of 'Vast Surveillance'

A years-long analysis shows that social media titans engaged in "vast surveillance" to make money from people's personal information, according to the US Federal Trade Commission (FTC).

International Business Times

Supreme Court Briefs Filed By Attorney General Kamala Harris

Knowing all that we know, I struggle to see how putting Harris in the White House would "save conservatism."

Reason

US sues TikTok over privacy of children under 13 years old - Roll Call

The Justice Department and Federal Trade Commission filed a civil lawsuit against TikTok and its parent company on Friday.

Roll Call

As VCs pledge support for Trump, Fearless Fund's Arian Simone keeps fighting for diversity

VCs are at odds when it comes to DEI.

Fortune

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Lawmakers request review of two defense industry acquisitions - Roll Call

Three liberal lawmakers ask for additional scrutiny of TransDigm acquisition amid pricing concerns for spare parts for the Pentagon.

Roll Call

U.S. bans noncompete agreements for nearly all jobs

The Federal Trade Commission has voted to ban employment agreements that typically prevent workers from leaving their companies for competitors, or starting competing businesses of their own.

WEKU

Detective wore wig and posed as victim to catch US scammer who stole gold bars

Scam artist allegedly posed as Federal Trade Commission investigator and convinced victim to transfer $789,000 in gold

The Guardian - US

FTC claims that Microsoft layoffs contradict ‘representations it made’ during the fight to acquire Activision

The Federal Trade Commission claims that Microsoft's newly announced layoff plans contradict 'representations it made' during its fight to acquire Activision Blizzard.

TechRadar

FTC probe drugmakers’ patent thickets

The Federal Trade Commission has challenged more than 100 patents drugmakers listed in the FDA’s “Orange Book"

Salon

Data brokers know everything about you – what FTC case against ad tech giant Kochava reveals

Kochava, the self-proclaimed industry leader in mobile app data analytics, is locked in a legal battle with the Federal Trade Commission in a case that could lead to big changes in the global data marketplace and in Congress’ approach to artificial intelligence and data privacy.

The Conversation

Upsetting the Apple cart? The FTC is investigating Adobe’s subscription cancellation practices

The U.S. government agency wants to ensure companies provide consumers with an easy way to cancel digital subscriptions

iMore

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The Independent UK

Amazon asks federal judge to dismiss the FTC's antitrust lawsuit against the company

Attorneys for Amazon have asked a federal judge to dismiss the Federal Trade Commission’s antitrust lawsuit against the e-commerce giant

Fortune

Lina Khan speaks out about FTC’s private equity lawsuit: ‘We’re putting the market on notice’

Khan says a recent Federal Trade Commission lawsuit is meant to chill the consolidation of medical groups that results in higher prices for consumers. But it may be too late to curb price hikes.

Reason

The Biden Administration's Antitrust Changes Would Be Great for Bureaucrats—and Bad for Consumers

The guidelines would ignore decades of academic findings about how firm concentration can have a positive impact on consumers' welfare.

Ballotpedia

SCOTUS strikes down student debt cancellation plan, takes up case on agency enforcement authority

The Checks and Balances Letter delivers news and information from Ballotpedia’s Administrative State Project, including pivotal actions at the federal and state levels related to the separation of powers, due process, and the rule of law.

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The Conversation

FTC probe of OpenAI: Consumer protection is the opening salvo of US AI regulation

The Federal Trade Commission has launched an investigation of ChatGPT maker OpenAI for potential violations of consumer protection laws. The FTC sent the company a 20-page demand for information in the week of July 10, 2023. The move comes as European regulators have begun to take action, and Congress is…

Tribune News Service

FTC loses appeal bid to block Microsoft-Activision deal

A U.S. appeals court denied a Federal Trade Commission bid to pause Microsoft Corp.’s acquisition of Activision Blizzard Inc. Friday, clearing a path for the companies to close the largest gaming deal ever in the U.S.

The Guardian - US

US agency loses bid to halt Microsoft’s $69bn purchase of Activision Blizzard

The Federal Trade Commission’s request to pause the deal was rejected, clearing the few remaining hurdles for it to go through

Tribune News Service

Microsoft, Activision CEOs to defend $69 billion deal in fight with FTC

Microsoft Corp. Chief Executive Officer Satya Nadella and Activision Blizzard Inc. CEO Bobby Kotick will be in court this week to try to persuade a federal judge in California to reject the Federal Trade Commission’s effort to block their $69 billion deal.

Tribune News Service

Lina Khan rejected FTC ethics recommendation to recuse in Meta case

The Federal Trade Commission Chair Lina Khan declined to recuse herself from an FTC case against Meta Platforms Inc., despite the advice of the agency’s top ethics official, according to internal agency documents.

PC Gamer

AI is being used to 'supercharge' phone scams with the cloned voices of your relatives

Crooks are using voice cloning technology to trick sympathetic folks out of money.

The Independent UK

Microsoft will pay $20M to settle U.S. charges of illegally collecting children's data

Microsoft will pay a fine of $20 million to settle Federal Trade Commission charges that it illegally collected and retained the data of children who signed up to use its Xbox video game console

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People

Jacqueline Scott Corley

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Ben Horowitz

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