FTC

AI Giants Set to Face US Antitrust Probes
AI Giants Set to Face US Antitrust Probes
June 06, 2024  |  artificial intelligence

American regulators are reportedly readying antitrust investigations into three major players in the AI industry. The Justice Department and Federal Trade Commission (FTC) have come...

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Sen. Ron Wyden Calls for Investigation of UnitedHealth Group Cyberattack
Sen. Ron Wyden Calls for Investigation of UnitedHealth Group Cyberattack
May 30, 2024  |  Cybersecurity

Senate Finance Committee Chair Ron Wyden, D-Ore., has called on the Biden administration to investigate the cybersecurity incident at UnitedHealth Group. In a Thursday (May...

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FTC: Company Impersonation Scams Cost Consumers Millions of Dollars
FTC: Company Impersonation Scams Cost Consumers Millions of Dollars
May 24, 2024  |  Security & Fraud

The Federal Trade Commission said it has been flooded with reports from consumers who have been taken in by scammers purporting to represent some of today’s leading companies. The FTC said Friday (May...

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FTC Announces $10M Settlement With BlueSnap, 2 Former Executives
FTC Announces $10M Settlement With BlueSnap, 2 Former Executives
May 01, 2024  |  Legal

The Federal Trade Commission (FTC) has announced a settlement with payment processing company BlueSnap and its former CEO Ralph Dangelmaier and former Senior Vice President Terry Monteith. The FTC charged these...

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Walmart-Vizio Merger Gets FTC Antitrust Scrutiny
Walmart-Vizio Merger Gets FTC Antitrust Scrutiny
April 30, 2024  |  Acquisitions

Federal regulators are examining Walmart’s plan to buy smart television maker Vizio. The Federal Trade Commission (FTC) is conducting an antitrust review of the proposed $2.3 billion merger, Vizio said in a...

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FTC Files Complaint Against Doxo, Alleging Misleading Ads
FTC Files Complaint Against Doxo, Alleging Misleading Ads
April 25, 2024  |  Regulation

The Federal Trade Commission (FTC) is taking action against doxo, saying the bill payment company misleads consumers and tacks on junk fees. The agency filed a federal court complaint alleging...

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Chamber of Commerce Plans to Sue to Overturn FTC Non-Compete Ban
Chamber of Commerce Plans to Sue to Overturn FTC Non-Compete Ban
April 24, 2024  |  Legal

The U.S. Chamber of Commerce is blasting the FTC’s new ban on non-compete clauses. Soon after the Federal Trade Commission (FTC) imposed the ban on Tuesday (April 23),...

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Regulators Not ‘Dazzled’ by AI Companies’ Attempts to Avoid Scrutiny
Regulators Not ‘Dazzled’ by AI Companies’ Attempts to Avoid Scrutiny
April 14, 2024  |  artificial intelligence

Antitrust regulators are reportedly not convinced by artificial intelligence (AI) firms’ suggested hands-off policy. Speaking at an antitrust conference in Washington last week, Federal Trade...

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Meta Disputes FTC Claims That Instagram, WhatsApp Acquisitions Harmed Consumers
Meta Disputes FTC Claims That Instagram, WhatsApp Acquisitions Harmed Consumers
April 05, 2024  |  Meta

Meta Platforms asked a judge Friday (April 5) to throw out an antitrust lawsuit filed against it by the Federal Trade Commission. In a court filing, the...

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