Federal Trade Commission

G7 Authorities Vow to Enforce Competition Laws in AI Markets
G7 Authorities Vow to Enforce Competition Laws in AI Markets
October 04, 2024  |  ANTITRUST

Competition authorities and policymakers have a role in addressing competitive threats in artificial intelligence-related technologies, products and applications, the Federal Trade Commission and the Department...

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FTC Enforcement Sweep Targets ‘Fever Pitch’ of AI Scams
FTC Enforcement Sweep Targets ‘Fever Pitch’ of AI Scams
September 25, 2024  |  artificial intelligence

The Federal Trade Commission (FTC) announced five law enforcement actions that it said are part of a crackdown on deceptive artificial intelligence (AI) claims and...

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FTC Gets $40 Million Settlement in Alleged Unauthorized Billing Scheme
FTC Gets $40 Million Settlement in Alleged Unauthorized Billing Scheme
September 17, 2024  |  Legal

Defendants who allegedly enrolled consumers, without their knowledge, into continuity plans for products they did not buy will forfeit assets valued at $40 million and...

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FTC to Use PayPal to Send Refunds in FloatMe Settlement
FTC to Use PayPal to Send Refunds in FloatMe Settlement
September 16, 2024  |  Security & Fraud

The Federal Trade Commission (FTC) will begin sending refunded money via PayPal to consumers it said were harmed by online cash advance provider FloatMe. Consumers...

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This Week in Web3: Crypto Scams and Payments Surge
This Week in Web3: Crypto Scams and Payments Surge
September 11, 2024  |  Cryptocurrency

Cryptocurrencies were created to address supposed pain points across the financial system. By decentralizing transaction verification and record-keeping through a distributed ledger, blockchain-based digital assets...

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FTC Reports Tenfold Increase in Scams Involving Bitcoin ATMs
FTC Reports Tenfold Increase in Scams Involving Bitcoin ATMs
September 03, 2024  |  Security & Fraud

As bitcoin ATMs have been installed in more locations, they have become a “payment portal for scammers,” the Federal Trade Commission (FTC) said in a...

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FTC Accuses Care.com of Misleading Job-Seeking Caregivers
FTC Accuses Care.com of Misleading Job-Seeking Caregivers
August 26, 2024  |  Regulation

The Federal Trade Commission took legal action against child and older adult care platform Care.com. The FTC alleged that Care deceived caregivers about the availability...

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FTC Junk Fee Crackdown Leaves Restaurants Feeling Queasy
FTC Junk Fee Crackdown Leaves Restaurants Feeling Queasy
August 25, 2024  |  Regulation

The Biden administration’s anti-junk-fee campaign is targeting the restaurant sector. But as CNBC reported Sunday (Aug. 25), restaurateurs are trying to avoid this fight. The...

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FTC Offers Support to Epic Games in Battle With Google
FTC Offers Support to Epic Games in Battle With Google
August 13, 2024  |  Legal

The FTC has offered support to Epic Games in that company’s legal battle with Google. The Federal Trade Commission (FTC) said Tuesday (Aug. 13) that it had filed an amicus...

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