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FTC approves final rule on HISA oversight
Antitrust

The Federal Trade Commission (FTC) has approved the publication of a Federal Register notice announcing a final new oversight rule concerning non-budget aspects of the operations of the Horseracing Integrity and Safety Authority (Authority).


Commissioner Bedoya to meet with CTIA and USTelecom on proposed rulemaking
Antitrust

Commissioner Bedoya, CTIA, and USTelecom will participate in an ex parte meeting on the Unfair or Deceptive Fees Notice of Proposed Rulemaking (NPRM). This meeting is closed to the public.


FTC secures permanent ban on operator involved in multimillion-dollar sweepstakes scam
Antitrust

As a result of a Federal Trade Commission (FTC) case, one of the operators of a sweepstakes scam that cost consumers millions has agreed to a settlement that permanently bans him from operating sweepstakes or making claims to consumers about prizes they have won or may win.


FTC settles with operators of multimillion-dollar business opportunity scam
Antitrust

As a result of a Federal Trade Commission lawsuit, two defendants who helped operate a sprawling business opportunity scheme known by several names, including Blueprint to Wealth, have agreed to settlements that include lifetime bans from pitching money-making and investment opportunities.


Federal grand jury indicts company executives for $100M price-fixing conspiracy
Antitrust

A federal grand jury in Oklahoma City returned an indictment, which was unsealed today, charging Sioux Erosion Control, Inc. (Sioux), its vice president, and another employee with a price-fixing conspiracy targeting over $100 million in publicly-funded transportation construction contracts across Oklahoma.


FTC issues $1.9 million in refunds over Hey Dude violations
Antitrust

The Federal Trade Commission (FTC) is distributing nearly $1.9 million in refunds to consumers affected by the practices of online shoe seller Hey Dude, Inc.


Justice Department comments on ruling in U.S. v Google
Antitrust

The Justice Department issued statements from Attorney General Merrick B. Garland and Assistant Attorney General Jonathan Kanter of the Justice Department’s Antitrust Division regarding the U.S. District Court for the District of Columbia’s decision in United States v. Google.


FTC action results in permanent bans for scammers behind credit repair pyramid scheme
Antitrust

As a result of a Federal Trade Commission lawsuit, the owners and operators of Financial Education Services (FES) will cease practices that the FTC alleged created a pyramid scheme and violated the Credit Repair Organizations Act. The proposed court orders include substantial monetary penalties.


Justice Department announces settlement over alleged premerger coordination by Legends Hospitality
Antitrust

The Justice Department today filed a civil lawsuit and announced a proposed settlement with Legends Hospitality Parent Holdings LLC (Legends) for an alleged violation of the Hart-Scott-Rodino Act (HSR Act).


Justice Department comments on IAG's abandoned acquisition of Air Europa
Antitrust

The Justice Department has released a statement from Deputy Assistant Attorney General Michael Kades of the Antitrust Division following International Consolidated Airlines Group S.A. (IAG)'s decision to abandon its proposed acquisition of sole control of Air Europa Holding S.L. (Air Europa).


FTC sues TikTok over alleged violations of children's privacy law
Antitrust

On behalf of the Federal Trade Commission (FTC), the Department of Justice has filed a lawsuit against TikTok, its parent company ByteDance, and affiliated companies for allegedly violating the Children’s Online Privacy Protection Act (COPPA) and infringing an existing 2019 FTC consent order against TikTok.


FTC schedules closed meeting to discuss nonpublic law enforcement matter
Antitrust

The Federal Trade Commission (FTC) has announced a closed commission meeting to consider a nonpublic law enforcement matter. The meeting is scheduled for August 2, 2024, at 2:00 PM EDT and will be conducted via Zoom.


Justice Department and FTC host first meeting on pricing strike force
Antitrust

The Justice Department (DOJ) and Federal Trade Commission (FTC) virtually co-hosted the first public meeting of the Strike Force on Unfair and Illegal Pricing (Strike Force) to discuss enforcement actions aimed at reducing prices for Americans.


FTC announces virtual open commission meeting for August 1
Antitrust

Federal Trade Commission Chair Lina M. Khan announced that an open meeting of the Commission will be held virtually on Thursday, August 1, 2024. The meeting will commence at 10 am ET and will begin with time for members of the public to address the Commission.


FTC and DOJ host first strike force meeting on unfair pricing
Antitrust

The Federal Trade Commission (FTC) and the Department of Justice (DOJ) virtually cohosted the inaugural public meeting of the Strike Force on Unfair and Illegal Pricing to discuss enforcement actions aimed at reducing prices for Americans.


Administrative hearing set for Kroger and Albertsons merger case
Antitrust

Hearing Before Administrative Law Judge D. Michael Chappell In the Matter of The Kroger Company and Albertsons Companies, Inc., Docket 9428.


FTC and DOJ announce first public meeting on unfair pricing strike force
Antitrust

The Federal Trade Commission (FTC) and the Department of Justice (DOJ) will virtually cohost the first public meeting of the Strike Force on Unfair and Illegal Pricing to discuss enforcement actions aimed at lowering prices for Americans. The event is scheduled for Thursday, August 1, 2024, from 3:30 PM to 4:15 PM.


FTC sends $12 million in refunds over alleged real estate investment scheme
Antitrust

The Federal Trade Commission (FTC) is distributing over $12 million in refunds to consumers who paid Zurixx, LLC for a real estate investment training program. The program allegedly made false promises about earning substantial profits by "flipping" houses.


Carshield settles FTC charges over deceptive advertising for $10 million
Antitrust

ImageNRRM, LLC, operating as CarShield, along with American Auto Shield, LLC (AAS), the administrator of its vehicle service contracts (VSCs), will pay $10 million to settle Federal Trade Commission charges. The FTC alleges that CarShield's advertisements and telemarketing for VSCs were deceptive and misleading, leading many purchasers to find that numerous repairs were not "covered" despite making payments of up to $120 per month. Additionally, the FTC claims CarShield’s celebrity and consumer endorsers made false statements in its ads.


FTC submits comment on FCC's inquiry into harmful effects of artificial intelligence
Antitrust

The Federal Trade Commission (FTC) has highlighted its efforts to protect consumers from potential harms related to artificial intelligence in a comment submitted as part of the Federal Communication Commission’s (FCC) notice of inquiry examining the implications of emerging AI technologies.