Federal Trade Commission
U.S. Government: Agencies/Departments/Divisions | Federal Agencies
Recent News About Federal Trade Commission
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The Federal Trade Commission (FTC) testified today before the House Energy and Commerce Subcommittee on Innovation, Data, and Commerce regarding the agency’s fiscal year 2025 budget and its efforts to promote competition and protect consumers.
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Federal Trade Commission staff sent warning letters to eight companies regarding their warranty practices, which may impede consumers' right to repair products they have purchased. The warnings highlight concerns that these practices violate the Magnuson-Moss Warranty Act (MMWA), a law governing consumer product warranties and enforced by the FTC.
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The Federal Trade Commission has taken action against online used car dealer Vroom for misrepresenting that it thoroughly examined all vehicles before listing them for sale and failing to obtain consumers’ consent to shipment delays or provide prompt refunds when cars weren’t delivered in the time Vroom promised.
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The Federal Trade Commission (FTC) has unanimously voted to block Tempur Sealy International, Inc.’s proposed $4 billion acquisition of Mattress Firm Group Inc. The Commission issued an administrative complaint and authorized a lawsuit in federal court to halt the acquisition, alleging that Tempur Sealy—the world’s largest mattress supplier and manufacturer—would gain the ability and incentive to suppress competition and raise prices for mattresses for millions of consumers.
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The Federal Trade Commission (FTC) is taking action against gig work company Arise Virtual Solutions for misleading consumers about potential earnings on its platform and marketing its business opportunity without complying with the FTC’s Business Opportunity Rule. This rule includes the requirement to truthfully disclose the basis for earnings claims to consumers.
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The Commission will hold a closed meeting on July 1, 2024, at 11:00 AM EDT via Zoom to consider a nonpublic law enforcement matter. The decision to close the meeting was unanimous, with a vote of 5-0. The urgency of the matter necessitated consideration with less than seven days' notice to the public.
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Federal Trade Commission Bureau of Competition Director Henry Liu issued a statement in response to Novant Health, Inc.'s decision to terminate its proposed acquisition of two hospitals from Community Health Systems.
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A U.S. district court in central Florida today unsealed a Federal Trade Commission (FTC) complaint charging two related groups of defendants with defrauding consumers nationwide by enrolling them, without their knowledge, into continuity plans where they are shipped and charged repeatedly for personal care products that they did not agree to purchase.
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The Fireside Chat with FTC Chair Lina M. Khan, hosted by the ABA Antitrust Law Section of Young Lawyer Representatives, will take place on June 27, 2024. During the event, Chair Khan will discuss her background in antitrust law, her experience at the Federal Trade Commission (FTC), and offer advice for younger attorneys interested in pursuing careers in antitrust and consumer protection law.
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The Federal Trade Commission (FTC) has intervened in a student loan debt relief scheme that defrauded consumers of more than $20.3 million, marking its first enforcement under the Impersonation Rule. The scheme, which falsely claimed affiliations with the Department of Education, has been temporarily halted by a federal court, which also froze its assets at the FTC's request.
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The Federal Trade Commission has finalized an order banning software provider Avast from selling, disclosing, or licensing any web browsing data for advertising purposes. This action settles charges that the company and its subsidiaries sold such information despite promising that its products would protect consumers from online tracking. Avast is also required to pay $16.5 million, which is expected to be used to provide redress to consumers.
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Concluding a comprehensive multi-year review, the Federal Trade Commission today announced final updates to its Ophthalmic Practice Rules, known as the Eyeglass Rule, aimed at promoting competition and consumer choice.
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As a result of a Federal Trade Commission case, the operators of a sweepstakes scam that cost consumers millions have agreed to settlements that permanently ban them from operating sweepstakes or making claims to consumers about prizes they have won or may win.
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The Federal Trade Commission's Bureau of Economics and the Tobin Center for Economic Policy at Yale University will host the 17th Annual FTC Microeconomics Conference on November 14 and 15, 2024, in Washington, D.C. The event aims to gather scholars focused on antitrust, consumer protection, and public policy issues pertinent to the FTC’s mission. The conference will be held in person with a live stream available for remote viewers.
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The Federal Trade Commission (FTC) law enforcement actions resulted in more than $324 million in refunds to consumers in 2023, the agency reported in its annual summary on refunds.
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The Commission will hold a closed meeting on June 20, 2024, to consider a nonpublic law enforcement matter. The meeting is scheduled for 12:30 PM EDT and will be conducted via Zoom.
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The Commission has issued a statement regarding its referral of a complaint against TikTok, the successor to Musical.ly, and its parent company ByteDance Ltd., to the Department of Justice. The Commission vote authorizing the issuance of the statement was 3-0-2, with Commissioners Ferguson and Holyoak recused.
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The Federal Trade Commission (FTC) has submitted a comment supporting a proposed rule by the U.S. Patent and Trademark Office (USPTO) regarding the disclosure of patent settlement agreements.
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The Federal Trade Commission (FTC) is taking action against Adobe and two of its executives, Maninder Sawhney and David Wadhwani, for allegedly deceiving consumers by hiding early termination fees for its most popular subscription plan and making it difficult for consumers to cancel their subscriptions.
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New Federal Trade Commission data reveals that government impersonation scammers are targeting consumers for payments in cash, with the amount of cash reported lost to these scams nearly doubling from 2022 to 2023.