Latest News
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.
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.
