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The Latest Breaking News from FTC

Trump Admin To Press Ahead With Amazon, Meta Antitrust Cases

In an interview with FOX Business, newly appointed Federal Trade Commission (FTC) Chair Andrew Ferguson confirmed that ongoing cases against Amazon and Meta would proceed, emphasizing his commitment to "holding Big Tech's feet to the fire."

International Business Times

Do US Expats Need to File Taxes? Here's What the IRS Requires

For many Americans living abroad, the question of whether they need to file US taxes can be confusing. Unlike most other countries, the United States taxes its citizens based on citizenship rather than residency.

inkl

FTC Chair Throws Stones in a Glass House

Federal Trade Commission Chair Andrew Ferguson hypocritically engages in the very partisanship for which he faults the American Bar Association.

Reason

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Trump signs order making independent regulators answerable to White House

Executive power grab would affect Securities and Exchange Commission and Federal Trade Commission

The Guardian - US

Trump Administration To Reinstate Consumer Welfare Standard In Antitrust

Debate over antitrust enforcement in the US, focusing on Consumer Welfare Standard vs. Brandeisian Antitrust views.

Top News

Trump Has Good Reason To Complain About Limits on His Ability To Fire Executive Officers

His position is grounded in concerns about the separation of powers that presidents of both major parties have raised for many years.

Reason

Parents are desperate to protect kids on social media. Why did the US let a safety bill die?

The Kids Online Safety act passed the Senate 91-to-3 but died in the House. Advocates on both sides say they won’t give up

The Guardian - US

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Indie FPS developer targets content creators who take undisclosed payments from rival developers and then dunk on his game: 'You and I will have legal problems'

"I'm tired of watching you all get paid off to do hit pieces on games that don't fork cash over for you."

PC Gamer

FTC Bans Political Appointees From Being ABA Members

The ABA has been planting the seeds of its own demise for decades.

Reason

Trump Administration's Position on President's Power to Remove Commission Members

From the letter sent yesterday to Senator Richard Durbin (the ranking minority member on the Senate Judiciary Committee) by Acting… The post Trump Administration's Position on President's Power to Remove Commission Members appeared first on Reason.com.

Reason

FBI Warns Americans To Ignore 'Outstanding Toll Bill' Texts From Alleged Chinese Cybercriminals

FBI warns of smishing texts claiming unpaid tolls, likely from Chinese cybercriminals. These scams aim to steal money and data via malicious links.

International Business Times UK

Millions of phone location records feared leaked as one of the biggest data leaks ever may be a whole lot worse

The geo-location information of tens of millions of smartphones have been leaked, a fresh lawsuit alleges.

TechRadar

US health department condemns private equity firms for role in declining healthcare access

Government report says private equity investment in nursing homes led to 11% increase in patient deaths

The Guardian - US

Short Circuit: A Roundup of Recent Federal Court Decisions

Right whales, premium cigars, and tax evasion.

Reason

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Reason

Biden's Antitrust Crackdown Stifled Innovation

Antitrust scrutiny of startup acquisitions led to fewer deals and less venture capital funding.

Fortune

Renters need to watch out for hidden junk fees

The FTC and the State of Colorado recently sued a prominent property management company, alleging hidden fees added on top of the publicly advertised monthly rent.

RideApart

The Feds Just Sued a Major OEM Over Right to Repair, Is It A Big Deal?

If you're a DIY enthusiast, then chances are excellent that you know exactly how satisfying it is to successfully do things yourself. Whether it's repairing a small electronic device yourself, soldering a circuit board, or even changing out a faucet in your kitchen or bathroom, there's a special sense of…

International Business Times UK

Genshin Impact Gets $20 Million Fine Over Deceptive Game Practices Towards Kids, Teens

Some of the allegations FTC put forward in their report included aggressively marketing the game to minors and obtaining personal data from them.

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International Business Times UK

'It's Out of Control': UnitedHealth Group and Peers Charged Americans 1000% More for Drugs

FTC stated that the 'Big 3' PBM organisations collectively generated over £5.94 billion ($7.3 billion) in revenue from 2017 to 2022.

Salon

Trump's Big Tech turnaround

The scene signaled that the industry Trump once called “dividing and divisive” is now in his good graces

Fortune

Trump has promised to 'knock out' pharmacy benefit managers. How the drug middlemen became a $557 billion industry that its customers love to hate

The industry says it keeps down the cost of prescription drugs, but critics say it's profiting at the expense of patients.

Reason

Pepsi Suffers the Wrath of (Lina) Khan

Outgoing FTC Chair Lina Khan sues Pepsi for violating Robinson-Patman Act.

Player One

'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.

The Guardian - US

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

Tom’s Hardware

The FTC is concerned about Big Tech-AI startup partnerships — Microsoft-Open AI raises alarms

The FTC warns that multi-billion-dollar partnerships between Big Tech and AI startups could lead to the monopolization of the AI and cloud computing sectors.

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