Antitrust news and reports on Federal Newswire

Latest News


Cleo AI settles with FTC for $17 million over alleged consumer deception
Antitrust

Cleo AI, an online provider of cash advances, has agreed to a $17 million settlement with the Federal Trade Commission (FTC) over allegations that it misled consumers regarding availability and timing of funds.


FTC chairman appoints new deputy directors for competition and consumer protection
Antitrust

Federal Trade Commission Chairman Andrew N. Ferguson has appointed Taylor C. Hoogendoorn as Deputy Director of the Bureau of Competition and Katherine White as Deputy Director of the Bureau of Consumer Protection.


FTC announces workshop addressing big tech's impact on children
Antitrust

The Federal Trade Commission (FTC) has announced an upcoming workshop titled "The Attention Economy: How Big Tech Firms Exploit Children and Hurt Families."


FTC settles e-commerce scam case involving Young and Baiz
Antitrust

The Federal Trade Commission (FTC) has taken action against operators of a deceptive business opportunity, resulting in permanent bans and financial penalties.


Consulting firms admit guilt in bid rigging case involving NYC public schools
Antitrust

Four defendants, including two consulting companies and their owners, have pleaded guilty to participating in a bid rigging scheme that involved budget and procurement consulting services for New York City Public Schools.


FTC chairman comments on departure of former commissioners
Antitrust

Federal Trade Commission Chairman Andrew N. Ferguson has released a statement regarding the departure of former Commissioners Rebecca Kelly Slaughter and Alvaro Bedoya.


FTC halts 'Click Profit' scheme claiming deceptive online sales promises
Antitrust

At the request of the Federal Trade Commission (FTC), a federal court has temporarily halted Click Profit, an online business opportunity scheme.


FTC offers webinar on children's online safety with Youville resource
Antitrust

Children today often spend significant time online, engaging in activities such as watching videos, playing games, and texting friends.


FTC opposes Indiana hospital merger citing anticompetitive risks
Antitrust

Federal Trade Commission (FTC) staff have reiterated their opposition to the proposed merger between Union Hospital, Inc. and Terre Haute Regional Hospital, L.P. The FTC urged the Indiana Department of Health to deny the hospitals' application for...


FTC returns $337.3 million to consumers through law enforcement actions
Antitrust

The Federal Trade Commission (FTC) announced that it returned $337.3 million to consumers in 2024 as a result of its law enforcement actions.


FTC issues $934K in refunds over Vroom delivery failures
Antitrust

The Federal Trade Commission (FTC) is distributing over $934,000 in refunds to consumers affected by shipment delays from the online used car dealer Vroom.


FTC issues refunds over deceptive ads by Career Step targeting servicemembers
Antitrust

The Federal Trade Commission (FTC) is distributing over $15.5 million in refunds to consumers, including servicemembers and their spouses, who were misled by Career Step's deceptive advertising practices.


Consumer-reported fraud losses hit record high according to new FTC data
Antitrust

Federal Trade Commission (FTC) data released for 2024 shows a significant rise in consumer-reported losses due to fraud, totaling over $12.5 billion.


FTC returns $25.5 million after tech support scam
Antitrust

The Federal Trade Commission (FTC) is distributing over $25.5 million to consumers who were misled into purchasing computer repair services by two tech support companies.


FTC halts Growth Cave's alleged scam operations following legal action
Antitrust

A federal court has temporarily halted the operations of a business opportunity and credit repair scam known as "Growth Cave," following a lawsuit by the Federal Trade Commission (FTC).


FTC issues refunds for deceptive Pure Green Coffee ads
Antitrust

The Federal Trade Commission (FTC) is distributing over $905,000 in refunds to consumers who purchased Pure Green Coffee, a weight loss product falsely advertised by NPB Advertising.


FTC sues GTCR over planned acquisition of Surmodics
Antitrust

The Federal Trade Commission (FTC) has initiated legal action to prevent GTCR BC Holdings, LLC from acquiring Surmodics, Inc. The FTC claims the merger would consolidate over half of the market for outsourced hydrophilic coatings, which are...


Commission holds closed meeting for nonpublic law enforcement matter
Antitrust

A closed commission meeting took place on March 6, 2025, at 1:00 PM EDT.


FTC and VA host webinar on protecting veterans' benefits from scams
Antitrust

The Federal Trade Commission (FTC) and the U.S. Department of Veterans Affairs’ Veterans Benefits Administration are collaborating to offer a free webinar during National Consumer Protection Week.


FTC secures initial win against Seek Capital in finance scheme case
Antitrust

The Federal Trade Commission (FTC) has achieved an initial victory in its legal battle against Seek Capital and its founder and CEO, Roy Ferman.