Latest News
By Federal Newswire | Sep 24, 2024
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.
By Federal Newswire | Sep 20, 2024
Chair Khan will appear for a fireside chat in New York City before the Council of Foreign Relations on September 20, 2024.
By Federal Newswire | Sep 20, 2024
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.
By Federal Newswire | Sep 20, 2024
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.
By Federal Newswire | Sep 19, 2024
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.
By Federal Newswire | Sep 19, 2024
The Federal Trade Commission (FTC) will conduct an informal hearing on the proposed amendments to the Energy and Water Use Labeling for Consumer Products Under the Energy Policy and Conservation Act, commonly referred to as the "Energy Labeling Rule." The hearing is scheduled to take place virtually on September 19, 2024.
By Federal Newswire | Sep 19, 2024
A new Federal Trade Commission (FTC) staff report examines the data collection and use practices of major social media and video streaming services, revealing extensive surveillance of consumers to monetize personal information while failing to adequately protect users online, especially children and teens.
By Federal Newswire | Sep 19, 2024
Chair Khan will appear on a panel alongside FCC’s Chair Rosenworcel and CFPB's Director Chopra at the Aspen Institute Cybersecurity Summit.
By Federal Newswire | Sep 18, 2024
Phoenix, Arizona-based WillScot Holdings Corporation (WillScot) announced today that it is abandoning its proposed acquisition of McGrath RentCorp (McGrath). Under the merger agreement disclosed on January 29, 2024, WillScot had agreed to acquire McGrath, a business-to-business rental company based in Livermore, California, for $3.8 billion. Both companies are major players in the modular and portable storage rental industry across the United States.
By Federal Newswire | Sep 18, 2024
As a result of a Federal Trade Commission lawsuit, an individual and his company who helped operate a sprawling business opportunity scheme known as Blueprint to Wealth have agreed to a settlement that permanently bans them from the telemarketing industry.
By Federal Newswire | Sep 18, 2024
Today, the Federal Trade Commission announced that Ryan Cohen, managing partner of RC Ventures, LLC, and Chairman and CEO of GameStop Corp., will pay a $985,320 civil penalty to settle charges that his acquisition of Wells Fargo & Company shares violated the Hart-Scott-Rodino (HSR) Act.
By Federal Newswire | Sep 18, 2024
The Federal Trade Commission (FTC) is distributing payments exceeding $370,000 to consumers affected by data security lapses at the online merchandise platform CafePress.
By Federal Newswire | Sep 17, 2024
At the request of the Federal Trade Commission (FTC), a federal court has approved settlements requiring the forfeiture of assets valued at approximately $40 million from defendants accused of defrauding consumers nationwide. The defendants allegedly enrolled consumers, without their knowledge, into continuity plans for CBD and keto-related products they did not agree to purchase.
By Federal Newswire | Sep 16, 2024
The Federal Trade Commission (FTC) is distributing more than $2.6 million in refunds to consumers affected by the deceptive practices of online cash advance provider FloatMe. The company had misled consumers with false promises of "free money" and discriminated against certain applicants for cash advances.
By Federal Newswire | Sep 13, 2024
A scheduling conference is set to take place before Administrative Law Judge Dania L. Ayoubi in the matter concerning Asbury Automotive Group, Inc., et al. The case is filed under Docket 9436.
By Federal Newswire | Sep 13, 2024
Chair Lina M. Khan will participate in a fireside chat with Eleanor Fox and Joseph Ostoyich at the 51st Annual Fordham Antitrust Law and Policy Conference.
By Federal Newswire | Sep 12, 2024
Today, 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.
By Federal Newswire | Sep 11, 2024
Federal Trade Commissioner Alvaro Bedoya, Justice Department Antitrust Division Assistant Attorney General Jonathan Kanter, and Japan Fair Trade Commission (JFTC) Commissioner Reiko Aoki met yesterday in Washington, D.C., to mark the 25th anniversary of the signing of an agreement between the United States and Japan concerning cooperation on anticompetitive activities.
By Federal Newswire | Sep 11, 2024
The Federal Trade Commission (FTC) has submitted a comment in support of a proposed rule by the U.S. Department of Agriculture (USDA) aimed at protecting farmers, growers, ranchers, and consumers from unfair practices by dominant meat processors.
By Federal Newswire | Sep 10, 2024
Federal Trade Commission staff have issued warnings to 31 adoption intermediaries, cautioning them against misleading consumers about placement rates and times, suppressing negative reviews, or engaging in other deceptive practices that could harm prospective adoptive and birth parents.
