Latest News
By Federal Newswire | Oct 10, 2024
The Justice Department's Antitrust Division has announced its agreement with the Federal Trade Commission's (FTC) decision to finalize changes to the premerger notification form and related instructions. These changes, which also affect the premerger notification rules under the Hart-Scott-Rodino (HSR) Act, represent the first significant update to the HSR form since 1978.
By Federal Newswire | Oct 10, 2024
The Federal Trade Commission (FTC) and the Justice Department’s Antitrust Division have published their annual report on the Hart-Scott-Rodino (HSR) Premerger Notification Program for fiscal year 2023. This program serves as an alert system for transactions that could potentially reduce competition in violation of federal law.
By Federal Newswire | Oct 10, 2024
The Federal Trade Commission (FTC) has unanimously approved changes to the premerger notification form and related instructions under the Hart-Scott-Rodino (HSR) Act. These modifications aim to enhance the FTC's and the U.S. Department of Justice's Antitrust Division's ability to identify illegal mergers before they are finalized.
By Federal Newswire | Oct 9, 2024
The Federal Trade Commission (FTC) has announced a settlement with Marriott International, Inc. and its subsidiary Starwood Hotels & Resorts Worldwide LLC over data security failures that led to three significant breaches between 2014 and 2020. These breaches affected more than 344 million customers globally.
By Federal Newswire | Oct 9, 2024
As the nation prepares for another major hurricane, federal agencies are cautioning consumers about potential scams and price gouging in the aftermath of natural disasters. The Federal Trade Commission (FTC), Department of Justice (DOJ), and Consumer Financial Protection Bureau (CFPB) have issued warnings to alert individuals about fraudulent activities that often arise during such times.
By Federal Newswire | Oct 8, 2024
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.
By Federal Newswire | Oct 4, 2024
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.
By Federal Newswire | Oct 4, 2024
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.
By Federal Newswire | Oct 3, 2024
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.
By Federal Newswire | Oct 2, 2024
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.
By Federal Newswire | Oct 2, 2024
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.
By Federal Newswire | Oct 1, 2024
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.
By Federal Newswire | Sep 30, 2024
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.
By Federal Newswire | Sep 30, 2024
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.
By Federal Newswire | Sep 27, 2024
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.
By Federal Newswire | Sep 26, 2024
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.
By Federal Newswire | Sep 25, 2024
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.
By Federal Newswire | Sep 25, 2024
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.
By Federal Newswire | Sep 25, 2024
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.
By Federal Newswire | Sep 24, 2024
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.
