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The Latest Breaking News from FTC

Commentary: Why make direct car-buying illegal?

With gas prices soaring to well above $4 per gallon, every day seems to bring new examples of federal and state lawmakers decrying the situation and, in many cases, pushing for more environmentally friendly transportation. It seems strange, then, how many states actively limit the ability of consumers to directly…

Tribune News Service

Travel influencer sued over claim she is ‘first woman to visit every country’

Cassie De Pecol has launched a podcast, book and TED Talk off the back of the claim

The Independent UK

Congress Says Commanders May Have Misappropriated Fans’ Money, Misrepresented Revenue

The Committee of Oversight and Reform sent the Federal Trade Commission an explosive letter detailing its new findings into Washington.

Sports Illustrated

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Congress alleges Washington Commanders might have engaged in ‘unlawful’ financial conduct

The House Committee on Oversight and Reform sends a letter to FTC alleging the Washington Commanders' financial improprieties regarding ticket revenue.

USA Today Sports Media Group

Congress tells FTC Commanders may have broken financial laws

The U.S. House Oversight Committee sent a letter to the Federal Trade Commission saying it found evidence the NFL's Washington Commanders engaged in unlawful financial conduct

The Independent UK

Walmart, Kohl's settle over 'eco-friendly' rayon products

Walmart and Kohl’s are paying a combined $5.5 million in settlements after he Federal Trade Commission said the retailers falsely marketed dozens of sheets and other home textile products as made of environmentally friendly bamboo

The Independent UK

Fake bank records are readily available as US hunts for fraud

For anyone who wants a phony pay stub or doctored tax return, an easy source is just a click away.

Tribune News Service

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What worries Big Tech about Europe's new digital rules

Big Tech worries that compliance might mess with what made their products popular.

Axios

FDA Warns CBD Companies To Stop Claiming Their Products Can Treat COVID-19

The FDA issued a letter warning seven CBD companies to re

Benzinga

The feds just slapped TurboTax with a lawsuit for its “free” filing claims

You know those “free, free free free” commercials? Yeah, not only are they annoying, but they’re untrue too.

Mic

Michael Hiltzik: The FTC sues TurboTax for trying to keep you from filing your taxes for free

For what seems like forever, Americans have been asking why it's so damn hard — and expensive — to file their taxes.

Los Angeles Times

FTC sues Intuit to stop 'bait-and-switch' TurboTax ads

The Federal Trade Commission is suing TurboTax maker Intuit, saying its ads for “free” tax filing misled consumers

The Independent UK

No, Schools Aren't Accommodating Students Who Identify as Animals

Plus: Biden wants to ramp up military and law enforcement spending, study challenges conventional wisdom about social media misinformation, and more...

Reason

Amazon Consummates MGM Deal Post Clean Chit From Regulators

Amazon.com Inc (NASDAQ:AMZN) closed the $8.5 billion acquisition of film studio Metro-Goldwyn-Mayer after a clean chit from the U.S. FTC and EU. The EU contended that the deal would not hamper competition as the two companies did not significantly overlap in content production, the Wall Street Journal reports. The FTC also did not…

Benzinga

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The Guardian - US

Weight Watchers allegedly used diet app to illegally gather data on children, FTC says

Kurbo, designed to target children as young as eight, allegedly encouraged users to claim they were at least 13 years old

Roll Call

Senate panel deadlocks again over nomination of Bedoya for FTC

Senate Commerce is again deadlocked on President Biden's nomination to the FTC because of a tweet about the 2016 Republican convention.

Input

Can the government stop fast fashion brands from lying to shoppers?

A new bill in New York is targeting the industry’s lack of environmental and labor regulations, aiming to put an end to years of customer deception.

Tribune News Service

FTC claims South Florida company violated Do Not Call list to peddle ‘bogus’ auto warranties

How many times have you received a phone call from someone at “Dealer Services” seeking to sell you an extended warranty for your vehicle?

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news in one place.

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The Independent UK

Altria says judge has dismissed lawsuit over Juul investment

Altria says an administrative law judge dismissed a federal lawsuit alleging that its investment into vaping company Juul violates anticompetitive laws

Input

FTC says 'romance scams' bilked victims out of $547 million last year

Dating apps and social media were at the center of most scams, says the FTC.

Ballotpedia

U.S. Supreme Court to decide whether federal courts have jurisdiction over challenges to the structure of the Federal Trade Commission

The U.S. Supreme Court agreed to hear Axon Enterprise, Inc. v. Federal Trade Commission in an order released on Jan. 24, 2022. The case concerns whether federal courts have the authority to review constitutional challenges to the structure of the Federal Trade Commission (FTC) if plaintiffs have not first raised…

Input

Nvidia calls off Arm buyout following FTC block

The FTC's tirade against Big Tech acquisitions continues unabated.

Input

Amazon wants to buy Peloton, antitrust concerns be damned

After losing a significant portion of its value in the last year, Peloton is ripe for the picking.

Benzinga

Biogen's Aduhelm Approval, Marketing Comes Under FTC, SEC Probes

The Federal Trade Commission (FTC) and the Securities and Exchange Commission (SEC) have launched two separate investigations into Biogen Inc (NASDAQ: BIIB) and its Alzheimer's med, Aduhelm (aducanumab).

Roll Call

House panel debates bill to create federal price-gouging policy - Roll Call

The bill split panel members, with Republicans accusing Democrats of ignoring inflation, labor shortages and supply chain concerns.

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People

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