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The Latest Breaking News from The Federal Trade Commission

The Federal Trade Commission Needs To Stay in its Lane

Recent actions by the FTC show that its officers should review the Constitution.

Reason

FTC Investigates Companies For Surveillance Pricing Practices

FTC investigates companies using personal data for surveillance pricing, raising privacy concerns.

Top News

FTC orders 8 companies to provide information on 'surveillance pricing' practices

The Federal Trade Commission has ordered information from eight companies that the agency says offer products and services that use personal data to set prices based on a shopper’s individual characteristics

The Independent UK

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Grocery's biggest merger stuck in limbo

The merger of two of the country's biggest supermarkets now faces both state and federal legal hurdles

Salon

Senator calls out Big Tech's new approach to poaching talent, products from smaller AI startups

U.S. Sen. Ron Wyden is calling for action against a new practice big technology companies are using to swallow up the talent and products of innovative AI startups without formally acquiring them

The Independent UK

Scammers are swiping billions from Americans every year. Worse, most crooks are getting away with it

Sophisticated overseas criminals are stealing tens of billions of dollars from Americans every year, a crime wave projected to get worse as the U.S. population ages and technology makes it easier to successfully perpetrate fraud

The Independent UK

FTC says gig company Arise misled consumers about how much money they could make on its platform

The Federal Trade Commission is taking action against a gig work company, saying it misled people about the money they could make on its platform

The Independent UK

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Users Lost $60M To Microsoft-related Scams In 2023: Here Are 4 Other Companies Scammers Use To Steal Your Money

A new report reveals scammers impersonate trusted brands to steal money. Microsoft and Publishers Clearing House scams caused the highest losses.

International Business Times UK

Viral post exposes tech support of Trump

Silicon Valley increasingly depends on scammy products, and no one is friendlier to grifters than Trump

Salon

FTC Refers Tiktok Complaint To Department Of Justice

FTC refers TikTok complaint to DOJ for alleged COPPA violations and deceptive practices, sparking legal battle.

Top News

Federal Trade Commission refers complaint about TikTok's adherence to child privacy law to the DOJ

The Federal Trade Commission has referred a complaint against TikTok and its Beijing-based parent company to the Department of Justice

The Independent UK

Why Microsoft, OpenAI and Nvidia are facing antimonopoly probes

US Justice Department and Federal Trade Commission are seeking to root out anticompetitive practices in field of AI.

Al Jazeera

AI's regulatory troubles pile up as U.S. prepares antitrust probes and activists target Meta over privacy

The Justice Department will reportedly tackle Nvidia, with the Federal Trade Commission taking on OpenAI and Microsoft.

Fortune

Microsoft, OpenAI and Nvidia investigated over monopoly laws

US regulators open inquiry into AI firms over antitrust laws that oversee fair competition

The Guardian - UK

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Roll Call

Congress asked to probe tech companies hiding antitrust evidence - Roll Call

Anti-monopoly groups requested Congress investigate tech company employees encrypting messages to destroy evidence.

The Independent UK

Bottoms up: FTC set to sue country’s largest alcohol distributor over how it prices spirits

The US competition regulator is said to be preparing a lawsuit against Southern Glazer’s Wine and Spirits under a rarely-used 1936 law

Fortune

Lina Khan’s noncompete crackdown could leave most doctors and nurses out in the cold

Provider groups are disappointed that the Federal Trade Commission’s new rule may not protect those who work for nonprofit hospitals and health care facilities, which employ the largest number of medical professionals.

International Business Times

Schumer Urges FTC To Halt Chevron-Hess $53B Merger Over Fear Of Gas Price Hike

Senate Majority Leader Chuck Schumer has urged the Federal Trade Commission (FTC) to intervene in Chevron Corp's proposed $53 billion acquisition of Hess Corp, citing concerns over potential gas price increases.

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WEKU

FTC bars former Pioneer CEO in Exxon Mobil deal, saying he colluded with OPEC

Exxon Mobil's $60 billion deal to buy Pioneer Natural Resources received federal clearance, but former Pioneer CEO Scott Sheffield was barred from joining the new company's board of directors.

PC Gamer

US game devs celebrate as non-compete clauses, previously deemed 'a trash way to keep the talent', face a ban from the FTC—which would free up movement across the AAA industry

"There are going to be SO MANY new indie games from AAA devs if this goes through."

WEKU

U.S. bans noncompete agreements for nearly all jobs

The Federal Trade Commission has voted to ban employment agreements that typically prevent workers from leaving their companies for competitors, or starting competing businesses of their own.

Salon

Is the Kroger-Albertsons merger back on?

The FTC sued to block the $25 billion merger between two of the country’s largest supermarket chains

WEKU

After 26,000 public comments, FTC to vote on rule banning noncompete agreements

The Federal Trade Commission will vote Tuesday on whether to issue a final rule banning noncompete agreements. The Biden administration has argued that noncompetes harm workers and stifle competition.

WEKU

The government announced winners of a contest to tell real voices from deepfake audio

Four organizations won a FTC contest for their tools that help tell real audio clips from deepfakes. The winners' approaches illuminate challenges AI audio deepfakes pose.

Kiplinger

How to Spot a Social Security Scam (and What to Do About It)

Here are a scam's red flags and how to report it if someone tries to scam you. The first things to do if a scammer contacts you: Remain calm and ignore them.

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