Antitrust news and reports on Federal Newswire

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FTC issues refunds over CafePress data breach
Antitrust

The Federal Trade Commission (FTC) is distributing payments exceeding $370,000 to consumers affected by data security lapses at the online merchandise platform CafePress.


Federal court approves FTC settlements for unauthorized billing schemes
Antitrust

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.


FTC sends $2.6 million in refunds over deceptive practices by FloatMe
Antitrust

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.


Scheduling conference for Asbury Automotive Group set for September
Antitrust

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.


Fordham Antitrust Law and Policy Conference to feature Lina M. Khan
Antitrust

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.


FTC announces agenda for September open commission meeting
Antitrust

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.


U.S., Japan mark 25 years of competition cooperation
Antitrust

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.


FTC supports USDA’s effort against unfair practices by meat processors
Antitrust

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.


FTC warns 31 adoption intermediaries against deceptive practices
Antitrust

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.


FTC issues refunds after settling with genetic testing firm over data security
Antitrust

The Federal Trade Commission (FTC) is issuing refunds to over 2,400 consumers following a settlement with 1Health.io, previously known as Vitagene. The settlement addresses allegations that the genetic testing company failed to secure sensitive genetic and health data, misled consumers about their ability to delete their data, and retroactively changed its privacy policy.


Horseracing Integrity and Safety Authority presents closing arguments in Natalia Lynch case
Antitrust

The Horseracing Integrity and Safety Authority (HISA) presented its closing arguments before Administrative Law Judge Jay L. Himes on September 4, 2024. The case in question involves Natalia Lynch, docket number 9423.


FTC urges denial of proposed Indiana hospital merger
Antitrust

Federal Trade Commission (FTC) staff have submitted a comment urging the Indiana Department of Health to deny an application seeking to merge Union Hospital, Inc. (Union Health) and Terre Haute Regional Hospital, L.P. (THRH).


FTC provides annual summary of debt collection activities
Antitrust

The Federal Trade Commission (FTC) has provided the Consumer Financial Protection Bureau (CFPB) with its annual summary of activities aimed at protecting consumers in the debt collection sector.


FTC issues report on multi-level marketing income disclosures
Antitrust

The staff of the Federal Trade Commission (FTC) have issued a report detailing findings from a review of income disclosure statements from 70 different multi-level marketers (MLMs).


FTC reports surge in losses due to Bitcoin ATM scams
Antitrust

New data from the Federal Trade Commission shows a significant increase in the amount of money consumers report losing to scammers involving Bitcoin ATM machines. Since 2020, the amount consumers reported losing has increased nearly tenfold to over $110 million in 2023.


Ex parte meeting on unfair fees rulemaking between Commissioner Ferguson and towing association
Antitrust

Commissioner Ferguson and the Towing and Recovery Association of America will participate in an ex parte meeting on the Unfair or Deceptive Fees Rulemaking. This meeting is closed to the public.


Hearing scheduled for W. Bret Calhoun under Horseracing Integrity and Safety Authority
Antitrust

An evidentiary hearing is scheduled before Administrative Law Judge Dania L. Ayoubi in the matter of W. Bret Calhoun, Docket 9430. The hearing will take place on August 29, 2024.


Commissioner Ferguson and NCTA to discuss unfair fees rulemaking in closed meeting
Antitrust

Commissioner Ferguson and the National Cable & Telecommunications Association (NCTA) will be participating in an ex parte meeting on the Unfair or Deceptive Fees Rulemaking. This meeting is closed to the public.


Former president pleads guilty to price-fixing conspiracy affecting $50 million sales
Antitrust

An executive of a steel distributor in Carolina, Puerto Rico, pleaded guilty today to conspiring with competitors to fix prices for sales of reinforcing bar, or rebar.


FTC fines Verkada $2.95 million over data breaches and spam email violations
Antitrust

The Federal Trade Commission (FTC) has mandated that security camera firm Verkada develop and implement a comprehensive information security program to settle allegations of inadequate information security practices, which allowed a hacker to access customers' security cameras.