The Latest Breaking News from FTC

Kroger’s (KR) $25 billion merger with Albertsons (ACI) is in limbo as federal regulators and states push to block the deal over concerns of higher prices and reduced competition. As the legal battle heats up, the company is fighting to prove the merger’s benefits for shoppers. In this article, we’ll…

The supermarkets argue mega-stores like Costco, Amazon and Walmart are their real competitors

As this story shows, taking legal action against a company's predatory billing practices can sometimes bear fruit. The post Guy Declares War On Dating App After It Won’t Refund Him $45, Company Ends Up Paying $23 Million first appeared on Bored Panda.

The FTC alleges in its lawsuit that Amazon employs anti-competitive tactics to maintain dominance among online marketplaces and superstores. In December, Amazon sought to dismiss the case, stating that the FTC had provided no evidence of consumer harm.

Oil company scion John Hess allegedly 'communicated publicly and privately with OPEC representatives and oil ministers of OPEC member states.'

The vice president hasn’t done much to woo Big Business, but many executives would still rather take their chances with her than the alternative.

"If you’re not enforcing antitrust, you’re allowing decades of consolidation that can create inflationary spikes more readily, because your system as a whole is less resilient to that disruption."

Some reasonable regulations need to be placed on AI companies. Meanwhile, using current laws to go after the bad guys sounds good to me.

The FTC is going after AI companies that are making promises they can't keep.

Five's a good start sure, but I'll bet this has made a few AI hype merchants more than a little worried.

Even if you haven’t knowingly opted in, companies are still scraping your personal information to train their systems