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The Latest Breaking News from FTC

Visa Hit By Japan's First-Ever Antitrust Action Against Credit Card Industry

Japan’s Fair Trade Commission has taken its first administrative action against the credit card industry, targeting Visa Worldwide Pte Ltd., a subsidiary of Visa Inc.‘s (NYSE:V) Singapore operations, over suspected monopolistic practices in the authorization system market.

Benzinga

8 Property Title Transfers That Trigger Federal Scrutiny

Property title transfers often feel like straightforward real estate procedures—but some can suddenly catch the eye of federal regulators. Whether due to tax, anti-money laundering laws, or mortgage clauses, certain transfers trigger more attention than others. Understanding the triggers helps you stay compliant and avoid costly surprises. Let’s explore 8…

Clever Dude

The AI boom is now bigger than the '90s dotcom bubble—and it's built on the backs of bots, maybe more than real users

Automated bots now make up more than half of global internet traffic, surpassing human-generated activity for the first time in 2024.

Fortune

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‘There’s no rules!’ A day out on an adult school trip

Despite his reservations, Tom Gill discovers making new friends surprisingly fun on a group whale-watching adventure to Phillip Island

The Guardian - AU

White House declares war after a defeated Donald Trump fails to be as illegal as he pleases

Apparently, saying no to Trump is now "unlawful."

We Got This Covered

Federal Judge to Trump on FTC Commissioner Firing: No, You Can't Fire Whomever You Want

The ruling upholds protections afforded to officers of the "quasi legislative or quasi judicial agencies" created by Congress.

Reason

Exxon's Block Fails—Chevron Seals $53 Billion Hess Deal After Ruling

In a pivotal moment for the energy sector, Chevron Corporation‘s (NYSE:CVX) has won a dispute with Exxon Mobil Corporation (NYSE:XOM) over Hess Corp’s (NYSE:HESS) offshore oil assets in Guyana.

Benzinga

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Settlement reached in investors’ lawsuit against Meta CEO Mark Zuckerberg and other company leaders

A settlement has been reached in a class action investors’ lawsuit against Meta CEO Mark Zuckerberg and company leaders over claims stemming from the privacy scandal involving the Cambridge Analytica political consulting firm

The Independent UK

Meta Shareholders Sue Mark Zuckerberg, Peter Thiel For $8 Billion Over Privacy Violations Linked To Cambridge Analytica Scandal

On Wednesday, a trial began in Delaware, where Meta Platforms, Inc. (NASDAQ:META) shareholders are seeking $8 billion in damages from top executives, including Mark Zuckerberg, Peter Thiel and Sheryl Sandberg, over alleged failures to protect user data following the Cambridge Analytica scandal.

Benzinga

Meta CEO Mark Zuckerberg expected to testify in $8 billion Facebook privacy lawsuit

A $8 billion-dollar class action investors’ lawsuit against Meta CEO Mark Zuckerberg and company leaders begins, with claims stemming from the privacy scandal involving the Cambridge Analytica political consulting firm

The Independent UK

The Department of Justice Just Sided with RFK Jr. Group's Claim That News Orgs Can't Boycott Misinformation

Applying antitrust statutes to alleged publisher boycotts doesn’t protect free speech. It does the opposite.

Reason

6 Online Deals That Were Too Good to Be Legal

The internet offers a world of amazing deals, but the promise of a steep discount can sometimes mask a deceptive or illegal scheme. Scammers exploit the excitement of online shopping to lure consumers into fraudulent situations that range from selling counterfeit goods to outright theft. The Federal Trade Commission (FTC)…

Grocery Coupon Guide

10 Financial Promises That Are Actually Legal Risks

Money advice is everywhere. You see it on social media, hear it from friends, and read it in emails. Some of it sounds great—easy fixes, quick wins, or “guaranteed” results. But not every financial promise is safe. In fact, some can land you in legal trouble. If you’re not careful,…

Clever Dude

Mark Zuckerberg Expected To Appear As Star Witness In $8 Billion Trial Over Alleged Privacy Violations

The CEO of Meta Platforms Inc. (NASDAQ:META), Mark Zuckerberg, is expected to testify in a high-stakes trial where the company is accused of privacy violations.

Benzinga

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The Independent UK

One Tech Tip: 'Click-to-cancel' is over, but there are other ways to unsubscribe

A “click-to-cancel” rule, which would have made it easier for consumers to end unwanted subscriptions, has been blocked by a federal appeals court days before it was set to go into effect

Reason

The 8th Circuit Court Was Right To Kill the FTC's 'Click-to-Cancel' Rule

The Federal Trade Commission ignored mandatory regulatory impact analyses in an attempt to institute its "click-to-cancel" rule.

Saving Advice

These 5 ‘Free Trials’ Are Draining Your Bank Without Warning

Did you ever sign up for a “free trial” only to wake up to unexplained bank charges? You’re not alone—many unsuspecting consumers fall into the...

Benzinga

'Are You Really Free If Your Groceries Are So Expensive You Can't Afford Them?' Asks Former FTC Chair Lina Khan, Challenging Corporate Power

For years, Americans have been told the free market is working just fine. But former Federal Trade Commission Chair Lina Khan is pushing back against that idea, saying that growing corporate consolidation is making life harder and more expensive for everyday people.

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Tom’s Guide

Canceling Netflix, Prime Video and other streaming services may about to get harder — what to know

A court ruling means 'click to cancel' is on hold

The Independent UK

A 'click-to-cancel' rule, intended to make cancelling subscriptions easier, is blocked

A “click-to-cancel” rule, which would have required businesses to make it easy for consumers to cancel unwanted subscriptions and memberships, has been blocked by a court days before it was set to go into effect

The Guardian - US

US court strikes down ‘click-to-cancel’ rule designed to make unsubscribing easier

Rule would have kept businesses from forcing customers through lengthy chats or other barriers to cancellation

Clever Dude

9 Wellness Products That Made False Medical Claims

The wellness industry has exploded in recent years, promising everything from detoxification to disease prevention. While many products do offer real benefits, others rely on false medical claims to lure consumers into spending big. These exaggerated or outright fabricated health claims can be dangerous, especially when they replace proper medical…

Budget and the Bees

7 Funeral Home Practices That Were Just Made Illegal

The death of a loved one brings immense grief. This vulnerability makes families susceptible to predatory business practices. For decades, the Federal Trade Commission (FTC) governed the funeral industry with “The Funeral Rule.” Recognizing evolved consumer needs, the FTC recently updated these rules for the first time in 30 years.…

RideApart

Harley-Davdison Japan Gets $1.4 Million Fine After an Anti-Monopoly Investigation

Harley-Davidson Japan was under investigation by Japanese authorities over claims of excessive dealer quotas on inventory, and violating national monopoly laws.

The Conversation

The hidden cost of convenience: How your data pulls in hundreds of billions of dollars for app and social media companies

You wake up in the morning and, first thing, you open your weather app. You close that pesky ad that opens first and check the forecast. You like your weather app, which shows hourly weather forecasts for your location. And the app is free!

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People

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