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The Latest Breaking News from FTC

Mark Meador's Nomination to the Federal Trade Commission Is Bad News for Consumers

Meador’s nomination is a win for antitrust activism and a blow to economic freedom.

Reason

Whiskey and tequila prices drop for the holidays despite 2024 alcohol inflation

Beer served in bars is nearly 4% more expensive than last year

The Independent UK

The Trump administration could reverse progress on AI regulation

Trump’s pick for the US FTC chair is expected to push back against regulating AI, undermining efforts so far.

Al Jazeera

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Kroger-Albertsons Merger Halted by the Federal Trade Commission

The Federal Trade Commission's antitrust action does not benefit grocery shoppers.

Reason

What’s next for Albertsons after calling off its $25B grocery merger with Kroger: More lawsuits

Albertsons announced on Dec. 11, 2024, that it had called off an attempted merger with Kroger and would sue Kroger for breach of contract. The US$25 billion deal, first announced in 2022, would have combined Cincinnati-based Kroger, already the largest traditional U.S. supermarket chain, with Boise, Idaho-based Albertsons, which is…

The Conversation

Trump FTC Pick Good News For Big Tech, Says Analyst. 'We Expect The Strong To Get Stronger.'

Wedbush analysts are bullish that Trump's pick for FTC chair will boost dealmaking for technology companies.

Investors Business Daily

Mike Lee's App Store Accountability Act Would Make Google and Apple Check IDs

Lee says this is about "sexual and violent content." It goes far beyond that.

Reason

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Fortnite players could be owed $114. Here's how to claim it.

Epic Games agrees to $245 million settlement.

Fortune

Google wants the FTC to stop exclusive Microsoft cloud deal with OpenAI

Microsoft is OpenAI’s exclusive cloud provider, but Google says this could be costly and damaging to customers.

TechRadar

Here's Why The Kroeger Albertsons Merger Was Blocked And What It Means For Consumers

A federal judge blocked Kroger's £19.58B merger with Albertsons. The judge ruled the deal would harm consumers by reducing competition.

International Business Times UK

Google asks US government to shatter Microsoft's exclusive cloud deal with OpenAI, claiming consumers may incur extra charges buying the ChatGPT maker's tech through Microsoft

Google recently requested the US Federal Trade Commission to break Microsoft's exclusive deal to host OpenAI's technology on its cloud servers. The company claims consumers may incur additional charges when buying OpenAI products through Microsoft servers.

Windows Central

Fortnite Refunds: Who Is Eligible And Can You Still Make A Claim?

The FTC will make the first refunds totaling $72 million for Fortnite players and customers who were "duped" into making unwanted in-game purchases – find out if you're eligible to make a claim.

International Business Times

US Courts Block Kroger's $25 Bn Supermarket Mega-merger

Two US courts ruled against supermarket giant Kroger's planned $24.6 billion acquisition of rival chain Albertsons on Tuesday, dealing an existential threat to the merger in a win for the Federal Trade Commission, which had argued the deal would harm consumers.

International Business Times

President-Elect Trump Selects Andrew Ferguson As FTC Chair

President-elect Trump announces Andrew Ferguson as FTC chair and Mark Meador as commissioner. Speculation on tech antitrust cases.

Top News

FTC Begins Issuing Refunds For Fortnite Purchases

Epic Games settles for 0 million over deceptive practices in Fortnite, issuing refunds to affected consumers. FTC confirms refund checks for victims of ...

PC Gamer

US Federal Trade Commission sends out the first wave of $72 million in refunds to Fortnite players that Epic used 'dark patterns to trick'

The average payout is $114.

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The Independent UK

Fortnite players 'tricked' into unwanted purchases are starting to get refunds. Here's how to apply

U.S. consumers who were tricked into purchases they didn’t want from Fortnite maker Epic Games are now starting to receive refund checks, the Federal Trade Commission said this week

Reason

Trump Is Coming for Tech Companies

It looks like we can expect the antitrust assaults to continue.

TechRadar

Microsoft says it found out about FTC probe by watching the news

Microsoft finds out about FTC probe on the news.

Windows Central

“… Consistent with an unfortunate trend:” Microsoft accuses FTC of improperly leaking confidential information about antitrust investigation, says to 'investigate yourself'

After a report last week that the FTC was opening an antitrust investigation into Microsoft, spanning from its cloud business to AI, Microsoft responded, noting it was unaware of such a case despite asking the FTC. Moreover, it asked the FTC to investigate itself regarding a pattern of target leaks…

The Independent UK

FTC opens Microsoft antitrust investigation that Trump administration must carry on or drop

Antitrust enforcers with the Federal Trade Commission have opened a wide-ranging investigation into Microsoft’s business practices, starting off a big legal project that an incoming Trump administration must take up or abandon

Fortune

Data Sheet: Microsoft's November surprise

The FTC chaiar launches an eleventh-hour antitrust probe into Microsoft.

International Business Times UK

Pelosi Sells 5K Microsoft Shares Ahead Of FTC Antitrust Probe, Marking Her Largest Sell In Years

Nancy Pelosi sold 5,000 Microsoft shares as the AI giant faces an antitrust probe that gained momentum after several cybersecurity incidents, including the July Crowdstrike crash, which impacted millions of devices operating on Microsoft Windows systems.

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