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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

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

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Fortune

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

VCs are at odds when it comes to DEI.

Roll Call

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.

WEKU

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.

The Guardian - US

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

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TechRadar

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.

Salon

FTC probe drugmakers’ patent thickets

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

The Conversation

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.

iMore

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

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.

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