FTC Staff Report Finds Large Social Media and Video Streaming …
WEB2 days ago · A new Federal Trade Commission staff report that examines the data collection and use practices of major social media and video streaming services shows they engaged in vast surveillance of consumers in order to monetize their personal information while failing to adequately protect users online, especially children and teens.
FTC Sues Prescription Drug Middlemen for Artificially Inflating …
WEB22 hours ago · Today, the Federal Trade Commission brought action against the three largest prescription drug benefit managers (PBMs)—Caremark Rx, Express Scripts (ESI), and OptumRx—and their affiliated group purchasing organizations (GPOs) for engaging in anticompetitive and unfair rebating practices that have artificially inflated the list price of insulin drugs, impaired patients’ access to lower ...
News and Events - Federal Trade Commission
WEBNews and Events. We strive to engage and inform consumers and businesses about the agency’s work to protect consumers and competition. Learn about the latest cases and other developments from our news releases, blogs, features, and event listings.
Press Releases - Federal Trade Commission
WEBFTC Announces Tentative Agenda for September 19 Open Commission Meeting. Date. September 12, 2024. Today, Federal Trade Commission Chair Lina M. Khan announced that an open meeting of the Commission will be …
FTC Sends More Than $2.6 Million to Consumers Harmed by …
WEB4 days ago · The Federal Trade Commission is sending more than $2.6 million in refunds to consumers harmed by online cash advance provider FloatMe. The company deceived consumers with false promises of “free money” and discriminated against some consumers who applied for cash advances.
FTC Announces Rule Banning Noncompetes | Federal Trade Commission
WEBApr 23, 2024 · Today, the Federal Trade Commission issued a final rule to promote competition by banning noncompetes nationwide, protecting the fundamental freedom of workers to change jobs, increasing innovation, and fostering new business formation.
As Nationwide Fraud Losses Top $10 Billion in 2023, FTC Steps Up ...
WEBNewly released Federal Trade Commission data show that consumers reported losing more than $10 billion to fraud in 2023, marking the first time that fraud losses have reached that benchmark. This marks a 14% increase over reported losses in 2022.
FTC Takes Action Against Adobe and Executives for Hiding Fees ...
WEBJun 17, 2024 · The Federal Trade Commission is taking action against software maker Adobe and two of its executives, Maninder Sawhney and David Wadhwani, for deceiving consumers by hiding the early terminati.
FTC Releases Report on Grocery Supply Chain Disruptions
WEBMar 21, 2024 · The Federal Trade Commission today issued a report on the causes behind grocery supply chain disruptions resulting from the COVID-19 pandemic. The report revealed that large market participants accelerated and distorted the negative effects associated with supply chain disruptions.
GameStop CEO Ryan Cohen to Pay Nearly $1 Million Penalty to …
WEB3 days ago · Any person may submit written comments concerning the proposed settlement during a 60-day comment period to Maribeth Petrizzi, Special Attorney, United States, c/o Federal Trade Commission, 600 Pennsylvania Avenue, NW, Washington, DC 20580 bccompliance@ftc.gov. At the conclusion of the 60-day comment period, the …
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