Business
What happens to the AI exit market if the FTC cracks down on acqui-hires?
Some high-profile acquisitions take out a rising competitor, such as Facebook’s acquisition of FriendFeed in 2009, some immediately expand…
Tag
FTC
Business
Instacart settles with FTC for $60 million over alleged false advertising
Delivery company Instacart will pay $60 million in customer refunds under a settlement reached with the Federal Trade Commission over…
Business
Instacart to pay US$60 million to settle FTC claims it deceived shoppers
INSTACART has agreed to pay US$60 million in refunds to settle the US Federal Trade Commission’s allegations that the online grocery…
Business
US FTC probes Instacart’s AI pricing tool, source says; shares drop
Shoppers viewing Instacart prices saw wildly different prices for the same items sourced at the same stores THE US Federal Trade…
News
Will Trump’s FTC Rein In Lina Khan’s Abuses?
The consumer welfare standard should once again guide the commission’s work. Source link
Business
Amazon might owe you money: $1.5 billion payout for Prime members follows FTC settlement. Here’s what to know
Amazon reached a $2.5 billion settlement with the Federal Trade Commission (FTC) on Thursday over whether the e-commerce giant used…
News
Supreme Court OKs Trump firing of FTC official, may end 80-year executive power limit
The Supreme Court signaled Monday that it is prepared to embrace expansive firing powers for the president, as the justices allowed…
Business
FTC sues Ticketmaster, Live Nation over ticket resales
The Federal Trade Commission (FTC) and seven states sued Ticketmaster and its parent company, Live Nation Entertainment, on Thursday, for…
Culture
FTC scrutinises Ticketmaster efforts to stop resale bots
The company’s industry dominance has long been targeted by fans, artists, regulators and lawmakers, dating back to the 1990s Live Nation’s…
Business
Teens love AI chatbots. The FTC says that’s a problem.
Bespoke AI-powered chatbots crafted to be your best friend, confidante or sexy roleplay partner are everywhere, and kids love them. That’s…
Business
FTC launches inquiry into AI chatbots of Alphabet, Meta and others
THE US Federal Trade Commission on Thursday said it is seeking information from several companies including Alphabet, Meta Platforms and…
News
Supreme Court allows Trump to fire FTC member for now
The U.S. Supreme Court allowed Donald Trump on Monday to keep a Democratic member of the Federal Trade Commission away from her post for…
News
Supreme Court sides with Trump in firing of FTC commissioner
The Supreme Court on Monday allowed President Trump to carry out his firing of a Federal Trade Commission board member -- for now. Source…
News
Supreme Court Gives Trump a Boost in Fight to Oust FTC Commissioner
An Amtrak spokesperson told the Times that the signs currently appear at sites in Connecticut, Maryland, Boston, and Philadelphia, as well…
News
Trump asks Supreme Court to let him fire FTC official
The Trump administration asked the Supreme Court on Thursday to intervene in yet another legal battle over the president's attempt to fire…
News
Appeals court reinstates FTC commissioner fired by Trump
A federal appeals court issued a ruling Tuesday restoring Rebecca Slaughter to her post on the Federal Trade Commission, saying President…
Celebrity
FTC Files Suit Against Reseller for Price-Gouging Concert Tickets, Including for Taylor Swift’s Eras Tour
The Federal Trade Commission has filed a lawsuit against a ticket resale company, alleging that it used illegal methods to secure tickets…
News
Trump’s FTC is spreading lies about trans people. This bill would let it wipe them off the internet
The Federal Trade Commission (FTC) was created in 1914 to protect consumers from corporate overreach. Under Donald Trump, the 110-year-old…
News
Canceling subscriptions was about to get easier, but a federal court blocked the FTC rule
A “click-to-cancel” rule, which would have required businesses to make it easy for consumers to cancel unwanted subscriptions and…
Culture
Walmart to pay US$10 million to settle US FTC lawsuit over money transfer fraud
Walmart has agreed to pay US$10 million to settle a US Federal Trade Commission (FTC) civil lawsuit accusing the world’s largest retailer…
Business
FTC drops final challenge to Microsoft’s $69B Activision Blizzard deal
Three years after suing to block Microsoft from buying one of the biggest names in video games, the U.S. government is finally giving up.…
News
Trump’s FTC Goes to War Against Media Group Elon Musk Despises
A federal judge blocked Donald Trump’s latest escalation against foreigners in the U.S. on Thursday, a ruling that came just hours after…
Business
FTC is sending $18.5 million in refunds to Publishers Clearing House customers over ‘deceptive’ practices: Are you getting a check?
Some good news for Publishers Clearing House (PCH) customers: The Federal Trade Commission (FTC) said Wednesday that the sweepstakes…
Business
Behind the landmark trial that could reshape Meta's future with Instagram
Meta Chief Executive Mark Zuckerberg returned to Washington this week, testifying in a landmark trial that could force the world’s largest…