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The Latest Breaking News from FTC

Big Tech's Big Gamble with AI: Are They Overextending?

Recent statistics indicate that although $50 billion has been invested in AI processors alone, huge AI models have only generated roughly $3 billion in income.

International Business Times

Care.com agrees to $8.5 million settlement amid accusations of deceptive practices

Investigation accuses Care.com of inadequate background checks, misleading earnings estimates, and unlawful tactics that hindered subscription cancellations

Latin Times

FTC Cracks Down On Fake Online Reviews

Learn how the FTC is cracking down on fake reviews to protect businesses and consumers online.

Top News

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Fake online reviews and testimonials are a headache for small businesses. They hope the FTC can help

Online reviews and testimonials are a key way that small businesses can attract new customers and boost sales of products

The Independent UK

Kroger and Albertsons head to court to defend merger plan against US regulators' objections

Kroger and Albertsons will defend their plan to merge in a hearing scheduled to begin Monday in federal court in Oregon

The Independent UK

Texas Federal Judge Blocks FTC Ban On Non-Compete Agreements

The rule, which was set to take effect across the United States on September 4, has been effectively blocked by the ruling.

International Business Times

Federal Judge Blocks FTC Rule On Noncompete Agreements

Federal judge in Texas blocks FTC rule on noncompete agreements, raising concerns about worker freedom and business relationships.

Top News

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Don't get squishing on smishing that's fishing for your info

Smishing is spam text phishing attempts that use social engineering to steal your previous info and more. Here's how I combat it.

TechRadar

Censoring the Internet Won't Protect Kids

Sen. Rand Paul makes the case against the Kids Online Safety Act.

Reason

"Unconstitutional": Kroger sues the FTC

"We stand prepared to defend this merger in the upcoming trial in federal court," Kroger CEO Rodney McMullen said

Salon

Harris Joins the FTC's Food Fight Against Kroger-Albertsons Merger

Amid rising grocery costs, the FTC's fight against the merger may end up hurting the very consumers it's supposed to protect.

Reason

FTC Decision May Incentivize DEI Practices In Companies Nationwide

FTC settlement on discriminatory pricing practices at an Arizona dealership sparks debate on DEI considerations in business operations.

Top News

The FTC is banning fake reviews, false testimonials and all sorts of shady consumer deception with an ominous sounding 'final rule'

'The final rule will protect Americans from getting cheated, put businesses that unlawfully game the system on notice, and promote markets that are fair, honest and competitive.'

PC Gamer

When “recyclable” isn't truly recyclable

The plastics industry is working to make the public feel OK about using products virtually guaranteed to be trashed

Salon

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International Business Times

FTC Finalizes Rule Banning Fake Reviews That 'Pollute' Marketplace

The FTC has finalized a rule that prohibits businesses from engaging in marketing practices that could mislead consumers, including buying fake consumer reviews and using AI for review generation.

The Guardian - US

US considers breaking up Google after illegal monopoly ruling, reports say

DoJ could force divestment of Android operation system and Chrome web browser following antitrust verdict

Top News

FTC Faces Lawsuits Over Ban On Noncompete Agreements

FTC's ban on noncompete agreements sparks legal battles and potential Supreme Court involvement, impacting workers and businesses.

The Guardian - US

Kamala’s tech ties: what is Harris’s relationship with Silicon Valley?

Harris’s track record, and time as California senator and AG, has tech leaders wondering if she’d have a friendlier approach to the industry

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The Guardian - US

Kamala Harris needs to take on Google and other monopolies

The Democratic party has the chance to resurrect the zealous monopoly-busting spirit of its New Deal and Great Society heyday. They must use it

International Business Times

Biden Pushes For Shorter Helpline Wait Times To Woo Consumers

Joe Biden is unveiling new rules that would make it easier for consumers to seek helpdesks.

The Independent UK

The US government wants to make it easier for you to click the 'unsubscribe' button

In the name of consumer protection, a slew of U.S. federal agencies are working to make it easier for Americans to click the unsubscribe button for unwanted memberships and recurring payment services

The Independent UK

FTC head wants investigation into grocery stores over inflated prices

The federal regulator wants to see if grocery chains are ‘exploiting their power to inflate prices’

Fortune

Elderly Americans are losing millions to real estate scams

U.S. adults over age 60 lost over $1.6 billion to all types of scams last year, according to the FTC.

Fortune

TikTok parent ByteDance sued for ‘massive-scale invasions of children’s privacy’

Department of Justice alleged TikTok inappropriately violated the rights of millions of children under 13.

Top News

Justice Department Sues Tiktok For Child Privacy Violations

The Justice Department lawsuit accuses TikTok of violating children's online privacy laws and breaching a previous settlement agreement, raising concerns a...

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