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The Latest Breaking News from The Federal Trade Commission

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.

Fortune

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.

International Business Times

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.

WEKU

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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."

PC Gamer

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.

WEKU

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

Salon

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

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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.

WEKU

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.

Kiplinger

Landmark data privacy deal would create first federal standard - Roll Call

Lawmakers said Sunday they have negotiated a bipartisan deal on federal data privacy, a breakthrough that previously eluded Congress.

Roll Call

TikTok is under investigation by the FTC over data practices and could face a lawsuit

A person familiar with the matter says the Federal Trade Commission is investigating TikTok over its data and security practices

The Independent UK

FTC Opens Inquiry Into Reddit's AI Data Sharing Practices

FTC investigates Reddit's AI training practices as Reddit prepares for IPO with Google partnership.

Top News

Is the Kroger-Albertsons merger sunk?

Ninety percent of companies that fail to block preliminary injunctions abandon their merger plans, experts say

Salon

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The Guardian - US

Largest-ever US supermarket merger faces block over fears of price hikes

FTC argues Kroger’s $24.6bn takeover of Albertsons would narrow consumer choice and weaken quality of products

WEKU

FTC and 9 states sue to block Kroger-Albertsons supermarket merger

The Federal Trade Commission and 9 states want to stop the deal that would combine the country's two largest grocery store chains. The companies say they have to merge to compete with Walmart.

Roll Call

Lawmakers urge DOD to play larger role in scrutinizing mergers - Roll Call

In a new letter, two Democratic lawmakers want answers from the Pentagon about how it can step up oversight of proposed defense mergers.

TechRadar

The FTC bans AI impersonations of individuals — and unveils greater powers to win stolen money back

The Federal Trade Commission has said that individuals, not just business and government, will now be better protected from AI scams.

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Kiplinger

A $50k CIA Imposter Scam Went Viral. Here's How To Keep Yourself Safe.

After a personal finance expert fell victim to scammers posing as the CIA, the Federal Trade Commission shared advice for keeping yourself safe.

Salon

FTC probe drugmakers’ patent thickets

The Federal Trade Commission has challenged more than 100 patents drugmakers listed in the FDA’s “Orange Book"

The Texas Tribune

Federal complaint faults Texas Medicaid software glitches for removal errors

Health care advocates have asked the Federal Trade Commission to investigate Deloitte software errors they say disenrolled qualified Medicaid participants.

The Conversation

Data brokers know everything about you – what FTC case against ad tech giant Kochava reveals

Kochava, the self-proclaimed industry leader in mobile app data analytics, is locked in a legal battle with the Federal Trade Commission in a case that could lead to big changes in the global data marketplace and in Congress’ approach to artificial intelligence and data privacy.

The Independent UK

New York governor vetoes bill that would ban noncompete agreements

New York Gov. Kathy Hochul has vetoed a bill days before Christmas that would have banned noncompete agreements, which restrict workers’ ability to leave their job for a role with a rival business

Ballotpedia

SCOTUS hears oral argument in constitutional challenge to SEC enforcement proceedings

The Checks and Balances Letter delivers news and information from Ballotpedia’s Administrative State Project, including pivotal actions at the federal and state levels related to the separation of powers, due process, and the rule of law.

Fortune

March-in rights are key to Biden’s push to lower excessive drug prices

Agencies like the Department of Health and Human Services can now consider whether a drug is priced so high that it’s basically out of reach to millions of Americans.

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Cathy McMorris Rodgers

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