The Federal Trade Commission (FTC) has announced its decision to withdraw from a Memorandum of Understanding with federal labor agencies concerning merger investigations. Despite this withdrawal, the FTC stated it will continue to scrutinize all issues related to mergers, including potential impacts on labor, following its established merger guidelines.
The FTC is committed to promoting competition and protecting and educating consumers. The agency emphasized that it will never demand money, make threats, instruct individuals to transfer money, or promise prizes. Consumers can learn more about various topics and report scams, fraud, and bad business practices online at ReportFraud.ftc.gov. Additionally, the public can follow the FTC on social media, read their blogs, and subscribe to press releases for the latest news and resources.
