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Khan to speak at AMVA forum; event closed to public
Antitrust

Chair Lina M. Khan will be speaking at the AMVA Veterinary Business and Economic Forum on October 8, 2024. The event is not open to the public and there will be no livestream available.


Khan and Gallego to address renters in listening session
Antitrust

Chair Lina M. Khan is scheduled to speak at a Renters Listening Session alongside Representative Gallego. The session will take place at 12 noon MST/1 p.m. EST.


G7 summit addresses AI market competition challenges
Antitrust

The Federal Trade Commission (FTC) and the Justice Department's Antitrust Division recently participated in a summit with G7 enforcement partners to address competition challenges related to artificial intelligence (AI). The event, known as the G7 Competition Authorities and Policymakers Summit, focused on ensuring fair competition in AI technologies, products, and applications.


FTC issues over $1M in refunds due to LASIK ad deception
Antitrust

The Federal Trade Commission (FTC) is distributing over $1.1 million in refunds to consumers who were misled by deceptive advertising practices from LCA-Vision, the largest LASIK surgery provider in the United States.


Commissioner Bedoya’s office and NCTA to discuss NPRM on unfair fees
Antitrust

Commissioner Bedoya's office and NCTA will participate in a virtual ex parte meeting on the Unfair or Deceptive Fees Notice of Proposed Rulemaking (NPRM). The meeting is scheduled for October 2, 2024.


Vice president pleads guilty in Michigan asphalt bid-rigging case
Antitrust

A senior executive from a Michigan-based asphalt paving company has admitted to his involvement in two separate bid-rigging conspiracies. David A. Coppola, vice president of Al’s Asphalt Paving Company Inc., based in Taylor, Michigan, entered a guilty plea today for conspiring with Asphalt Specialists LLC (ASI), F. Allied Construction Company Inc. (Allied), and their employees to manipulate bids for asphalt paving services contracts within the state.


FTC issues refunds for falsely advertised Pyrex products
Antitrust

The Federal Trade Commission (FTC) is distributing over $88,000 in refunds to consumers who purchased measuring cups marketed as "Made in USA" by Instant Brands, the manufacturer of Pyrex products. The FTC's action stems from a 2023 case where Instant Brands was charged with falsely advertising that all its glass measuring cups were made domestically, while some were actually imported from China.


FTC issues $2.8 million refunds over deceptive "free trial" personal care product offers
Antitrust

The Federal Trade Commission (FTC) is distributing over $2.8 million in refunds to consumers who were charged for supposed “free trial” offers for personal care products and supplements.


FTC bans John B. Hess from joining Chevron board amid acquisition deal
Antitrust

The Federal Trade Commission (FTC) has approved a proposed consent order to address antitrust concerns related to Chevron Corporation's acquisition of Hess Corporation. The order prohibits Chevron from appointing Hess CEO John B. Hess to its Board of Directors.


FTC withdraws from memorandum with labor agencies on merger investigations
Antitrust

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.


FTC announces virtual workshop examining children's online engagement
Antitrust

The Federal Trade Commission (FTC) has announced a virtual workshop scheduled for February 25, 2025. The event will explore the use of design features on digital platforms that aim to keep children and teenagers online for extended periods.


FTC expands international consumer protection agreement
Antitrust

The Federal Trade Commission (FTC) announced that consumer protection agencies from Costa Rica, the Dominican Republic, and Panama have joined an existing agreement with consumer protection authorities from Chile, Colombia, Mexico, and Peru. This agreement, initially reached in 2023, aims to enhance cooperation among these agencies to protect consumers from cross-border fraud, deception, and other illegal practices.


FTC targets deceptive use of artificial intelligence in new crackdown
Antitrust

The Federal Trade Commission (FTC) has initiated a crackdown on deceptive claims and schemes involving artificial intelligence (AI) through its new law enforcement sweep, Operation AI Comply. The FTC is taking action against several companies accused of using AI to engage in deceptive or unfair practices that harm consumers.


ICPEN Fall Conference to feature key addresses from FTC officials
Antitrust

Chair Lina Khan will deliver opening remarks on Wednesday, September 25. Commissioner Alvaro Bedoya will deliver remarks on Thursday, September 26, and Bureau of Consumer Protection Director Sam Levine will deliver remarks on Friday, September 27.


Justice Department sues Visa for alleged monopolization of debit markets
Antitrust

The Justice Department has filed a civil antitrust lawsuit against Visa, accusing the company of monopolization and other unlawful conduct in debit network markets. The suit, filed in the U.S. District Court for the Southern District of New York, claims that Visa violates Sections 1 and 2 of the Sherman Act by maintaining its monopoly over debit network markets.


FTC targets Invitation Homes for deceptive practices
Antitrust

The Federal Trade Commission (FTC) is taking action against Invitation Homes, the largest landlord of single-family homes in the United States, for several unlawful practices. These include deceiving renters about lease costs, charging undisclosed fees, failing to inspect homes before residents moved in, and unfairly withholding security deposits.


Chair Khan to attend fireside chat at Council of Foreign Relations
Antitrust

Chair Khan will appear for a fireside chat in New York City before the Council of Foreign Relations on September 20, 2024.


FTC awards Kathy Broderick with Consumer Shield Award
Antitrust

The Federal Trade Commission has awarded Kathy Broderick, a retired Postal Inspector in the U.S. Postal Inspection Services’ Chicago Division, with the Commission’s 2024 Criminal Liaison Unit Consumer Shield Award. The award recognizes a criminal investigator exemplifying the spirit of cooperation that the Criminal Liaison Unit (CLU) seeks to promote.


FTC sues prescription drug middlemen over inflated insulin prices
Antitrust

The Federal Trade Commission (FTC) has initiated legal action against the three largest prescription drug benefit managers (PBMs)—Caremark Rx, Express Scripts (ESI), and OptumRx—and their affiliated group purchasing organizations (GPOs). The FTC alleges that these entities have engaged in anticompetitive and unfair rebating practices, leading to artificially inflated insulin prices, restricted access to lower-priced products, and increased costs for vulnerable patients.


FTC announces virtual open commission meeting set for September 19
Antitrust

Federal Trade Commission Chair Lina M. Khan announced that an open meeting of the Commission will be held virtually on Thursday, September 19, 2024. The meeting will commence at 11 a.m. ET and will begin with time for members of the public to address the Commission.