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FTC extends public comment period on serial acquisitions request
Antitrust

The Federal Trade Commission (FTC) and the U.S. Department of Justice Antitrust Division (DOJ) have extended the deadline for public comments on a joint Request for Information (RFI) targeting serial acquisitions and roll-up strategies across the U.S. economy. The new deadline is now September 20, 2024.


20 migrants rescued from locked train compartment in Laredo, Texas
Antitrust

Agents with the US Customs and Border Protection (CBP) Laredo Sector conducted a train check on July 12, discovering 20 migrants locked in a train compartment. This rescue was highlighted in a July 12 news release from the CBP.


Horseracing Integrity and Safety Authority hearing on Natalia Lynch set for July 16
Antitrust

The Horseracing Integrity and Safety Authority will hold a hearing before Administrative Law Judge Jay L. Himes regarding the matter of Natalia Lynch, Docket 9423. The event is scheduled for July 16, 2024. The dial-in number for this public hearing has yet to be determined.


FTC issues cease-and-desist letters over deceptive Delta-8 THC product packaging
Antitrust

For the second time in as many years, the Federal Trade Commission (FTC), in collaboration with the U.S. Food and Drug Administration (FDA), has issued cease-and-desist letters to several companies marketing edibles containing Delta-8 tetrahydrocannabinol (THC) in packaging that closely resembles popular children's snacks.


Prehearing conference for Horseracing Integrity and Safety Authority set for July
Antitrust

A prehearing conference for the Horseracing Integrity and Safety Authority (HISA) is scheduled to take place before Administrative Law Judge Jay L. Himes in the matter of Natalia Lynch, Docket 9423. The conference will occur on July 15, 2024, from 1 p.m. to 3 p.m. Eastern Time.


ADL revises antisemitism report card following hostile college campus events
Antitrust

The Anti-Defamation League (ADL) has released revised grades for some schools assessed in its Campus Antisemitism Report Card. The initiative evaluates the climate and administrative policies addressing antisemitism on college campuses.


ADL survey shows 56% of Americans experience online hate or harassment
Antitrust

An annual Anti-Defamation League (ADL) survey has found that 56% of Americans experience online hate or harassment in their lifetimes. This rate, the highest since 2020, confirms an upward trend.


FTC addresses unfair practices in franchising industry
Antitrust

The Federal Trade Commission (FTC) announced a series of actions today aimed at addressing concerns about unfair and deceptive practices by franchisors. The measures are intended to ensure that the franchise business model remains an opportunity for honest small business owners.


FTC adjusts monetary thresholds for franchise rule exemptions
Antitrust

The Federal Trade Commission (FTC) has adjusted for inflation three monetary exemption thresholds used to determine whether the sale of a franchise qualifies for an exemption under the agency’s Franchise Rule. The rule mandates franchisors to disclose essential information prospective buyers need to evaluate the risks and benefits of investing in a franchise.


Potential benefits and risks of open-weight AI Models
Antitrust

The history of traditional open-source software offers a vision of the potential benefits that could arise from the availability of open-weights AI models. These benefits include fostering innovation, enhancing competition, improving consumer choice, and reducing costs. Understanding these models, including their advantages and risks, can help realize competitive benefits while avoiding consumer harm.


FTC supports USPTO's proposed rule on limiting abusive terminal disclaimer practices
Antitrust

The Federal Trade Commission (FTC) has submitted a comment supporting a proposed rule by the U.S. Patent and Trademark Office (USPTO) regarding new requirements for patent terminal disclaimer practice to address potential abuses within the patent system.


FTC reveals widespread use of dark patterns in global subscription services
Antitrust

The Federal Trade Commission (FTC) and two international consumer protection networks have announced the results of a review of selected websites and apps, revealing that a significant percentage may use dark patterns. These digital design techniques can manipulate consumers into purchasing products or services or compromising their privacy.


FTC bans NGL Labs from offering anonymous messaging apps to minors
Antitrust

The Federal Trade Commission (FTC) and the Los Angeles District Attorney’s Office have taken action against NGL Labs, LLC and its co-founders, Raj Vir and Joao Figueiredo, for violations related to their anonymous messaging app. The defendants will pay $5 million to settle the lawsuit and are banned from offering their "NGL: ask me anything" app to individuals under 18.


FTC testifies on FY 2025 budget before House subcommittee
Antitrust

The Federal Trade Commission (FTC) testified before the House Energy and Commerce Subcommittee on Innovation, Data, and Commerce regarding the agency’s fiscal year 2025 budget and its ongoing efforts to promote competition and protect consumers.


FTC releases interim staff report on prescription drug middlemen
Antitrust

The Federal Trade Commission (FTC) has published an interim report on the prescription drug middleman industry, highlighting the significant impact that pharmacy benefit managers (PBMs) have on the accessibility and affordability of prescription drugs. This report is part of an ongoing inquiry initiated by the FTC in 2022.


FTC testifies on fiscal year 2025 budget before House subcommittee
Antitrust

The Federal Trade Commission (FTC) testified today before the House Energy and Commerce Subcommittee on Innovation, Data, and Commerce regarding the agency’s fiscal year 2025 budget and its efforts to promote competition and protect consumers.


FTC warns eight firms over warranty practices impacting right-to-repair
Antitrust

Federal Trade Commission staff sent warning letters to eight companies regarding their warranty practices, which may impede consumers' right to repair products they have purchased. The warnings highlight concerns that these practices violate the Magnuson-Moss Warranty Act (MMWA), a law governing consumer product warranties and enforced by the FTC.


FTC takes action against online used car dealer for deceptive practices
Antitrust

The Federal Trade Commission has taken action against online used car dealer Vroom for misrepresenting that it thoroughly examined all vehicles before listing them for sale and failing to obtain consumers’ consent to shipment delays or provide prompt refunds when cars weren’t delivered in the time Vroom promised.


FTC blocks $4 billion merger between Tempur Sealy and Mattress Firm
Antitrust

The Federal Trade Commission (FTC) has unanimously voted to block Tempur Sealy International, Inc.’s proposed $4 billion acquisition of Mattress Firm Group Inc. The Commission issued an administrative complaint and authorized a lawsuit in federal court to halt the acquisition, alleging that Tempur Sealy—the world’s largest mattress supplier and manufacturer—would gain the ability and incentive to suppress competition and raise prices for mattresses for millions of consumers.


FTC acts against gig work firm for misleading consumers about potential earnings
Antitrust

The Federal Trade Commission (FTC) is taking action against gig work company Arise Virtual Solutions for misleading consumers about potential earnings on its platform and marketing its business opportunity without complying with the FTC’s Business Opportunity Rule. This rule includes the requirement to truthfully disclose the basis for earnings claims to consumers.