FTC says partnerships like Microsoft-OpenAI raise antitrust concerns
The Federal Trade Commission (FTC) said in a staff report issued Friday that there are potential competitive issues in partnerships between Big Tech
Ex-Pioneer CEO sues FTC for banning him from Exxon board
Former Pioneer Natural Resources CEO Scott Sheffield sued the U.S. Federal Trade Commission on Tuesday, saying it violated the law by barring his inclusion on Exxon Mobil's board when the company acquired Pioneer in a deal worth $59.
FTC issues over $5 million in refunds to victims of credit repair scheme
A November 2022 lawsuit filed by the organization alleged ACRO Services stole millions of dollars from customers under the promise of reduced credit card debt within 12 to 18 months.
United Health Lawsuit Named Among FTC's Biggest Wins
The lawsuit claims that three major healthcare companies were pushing up the price of insulin by 1,200 percent.
FTC points at partnerships between AI leaders and cloud service providers, suggesting they could be subject to antitrust scrutiny
A staff report released Friday by the FTC suggested partnerships between OpenAI and Microsoft, and Amazon and Anthropic, raise antitrust concerns.
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FTC secures 11th hour settlement from PE firm Welsh Carson over alleged roll-up scheme
Private equity firm Welsh, Carson, Anderson & Stowe has agreed to a settlement with the Federal Trade Commission that will pare back its role in a portfolio anesthesia practice the regulator ac | Though it was dismissed from an antitrust lawsuit last year,
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FTC: Companies Are Using Your Data for Individualized 'Surveillance Pricing'
The FTC report says that "Americans deserve to know how their private data is being used to set the prices they pay and whether firms are charging different people different prices for the same good or service.
'Surveillance pricing' alert: FTC says retailers tracking users 'down to their mouse movements'
The watchdog agency's surveillance pricing study indicates that a wide range of consumer behaviors — including the items they leave unpurchased in an online shopping cart — can be used to "tailor" pricing to individual users, as opposed to one price for all customers, a Friday news release says.
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FTC Eyes Probe Of Large Single-Family Rental Owners
Chair Lina Khan is seeking public input about a potential investigation of single-family rental companies and their role in the housing affordability crisis.
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How the FTC’s “Click to Cancel” Rule Will Impact Your Subscriptions
The days of jumping through hoops just to cancel a subscription or membership will soon be no more. A recent rule adopted by the Federal
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Corporate payments company challenges FTC injunction at 11th Circuit
A federal injunction permanently barring Corpay from obscuring fees and misleading consumers about fuel card discounts lets the Federal Trade Commission “micromanage” the company’s customer relationships,
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FTC Announces Annual Changes to U.S. HSR Thresholds with Highest Filing Fees Now $2.39 Million
The Federal Trade Commission (FTC) announced the annual changes to the Hart-Scott-Rodino (HSR) Act notification and filing fee thresholds, expected