Another scrapped hospital deal pins "fate" on FTC
Two North Carolina hospitals face an uncertain future after a proposed sale fell through June 18.
What the FTC's ban on noncompete agreements means for 30 million workers
An estimated 30 million U.S. workers are currently under noncompete agreements.
You Don't Have To Be a 'Khanservative' To Want Strong Antitrust Enforcement
Republicans have a long tradition of pushing back on concentrated authorities.
Who Will Build the Tech Future—America or China?
Maintaining America's global leadership position in technology isn't inevitable. But losing it isn't inevitable, either.
We're Living in a Land of Monopolies
If you haven't felt the sting of monopolistic power in some way, you're probably a rare breed.
Fortnite maker to pay users $245 million: how to apply and who qualifies
FTC opens claims a settlement over deceptive in-game purchases affecting over 37 million users.
Ring ordered to refund 55,000 customers in mid-2024: Do you qualify?
FTC's $5.8M settlement with Ring mandates refunds for 55,000 users over privacy issues, set for mid-2024 distribution.
Big Tech Is Exploiting Kids Online. Congress Has To Step In
Social media platforms know the harm they do to children. Kids spend huge portions of their days in front of screens.
Jim Jordan sets hard deadline for Biden official to hand over docs
The Federal Trade Commission confirmed to Newsweek that the agency received Jordan's letter demanding documents be handed over by Monday.
Walmart's $2 eggs spark concerns, questions
In December, the average cost for a dozen large Grade A eggs in U.S. cities hit $4.25, up $1.79 from a year earlier.
Candace Owens has new theory for what's causing egg shortage
Owens and Fox News' Tucker Carlson are putting the blame on companies, while one farm organization has a completely different viewpoint.
Cryptocurrency Fraud Is Growing Fast And Consumers Must Be Protected
While government agencies have begun to recognize the need to combat crypto fraud, it's clear that the frequency of cryptocurrency fraud is outpacing the ability of consumer watchdogs to police it.
Credit Karma Fined $3M for 'Tricking' Users With Allegedly False Offers
Almost one third of customers who applied for some of Credit Karma's "pre-approved" offers were denied, alleged the FTC.
FTC Sues Company Over Tracking Data to 'Sensitive' Locations
The Federal Trade Commission filed a lawsuit against data broker Kochava for allegedly selling geolocation data from hundreds of millions of mobile devices.
Avoiding Student Loan Forgiveness Scams as Biden Mulls Decision
"Scammers might promise a loan forgiveness program—that most people won't qualify for," the FTC recently warned.
Price Gouging on Baby Formula Is to Be 'Actively' Monitored by FTC
President Joe Biden wrote a letter to the FTC requesting that it "bring all of the Commission's tools to bear" to investigate reports of formula price gouging.
TurboTax's 'Free' Software Misleads Millions of Ineligible Users: Lawsuit
"TurboTax is bombarding consumers with ads for 'free' tax filing services, and then hitting them with charges when it's time to file," said the FTC.
People Share 'Strange Events' That Are Rarely Discussed in Viral Thread
"Equifax lost the personal data of almost every single adult [in the U.S.]," said one Redditor, reminding readers of the company's 2017 data breach.
Romance Fraud Scamming Americans Out of Over $1.3B in Past Five Years
"These fraudsters know exactly how to play on people's emotions," a U.S. attorney investigating the scams warned.
Social Media Cons Now Most Profitable Method for Scam Artists
"Social media was far more profitable to scammers in 2021 than any other method of reaching people," the Federal Trade Commission said.
Unlikely Allies AOC, Matt Gaetz Agree That Facebook Needs to Be Stopped
Two members of Congress from opposite ends of the political spectrum said they agreed Facebook should be broken up.
Antitrust Push by Feds Could Halt Mega-Mergers Like $8.45B Amazon-MGM Deal
An antitrust U.S. attorney stated that they were seeing "a truly unprecedented explosion" of merger requests.
FTC Chair Says She 'Won't Back Down' as Big Tech Aims to 'Intimidate'
Lina Khan said she will move "with a fierce sense of urgency" as her agency pursues antitrust actions.
DOJ Announces Aim to Restrict Corporate Mergers Amid Big Tech Buying Spree
"Our country depends on competition to drive progress, innovation and prosperity," Jonathan Kanter of the Justice Department's Antitrust Division said.
Martin Shkreli Gets Lifetime Ban From Pharma Industry for Inflating Costs
U.S. District Judge Denise Cote also ordered Friday that "Pharma Bro" Shkreli pay a $64.4 million fine.
Facebook Sued For Billions Over Harvesting People's Data
The lawsuit argues Meta should pay its 44 million British users compensation for taking all their personal and private data between 2015 and 2019.
Fake COVID Tests Are Circulating Online, Here's How to Avoid Buying Them
The Federal Trade Commission warned about "opportunistic scammers" who are taking "advantage of the spike in demand."
More Testing Can End the War on Cancer. Washington Can Help
The FTC's misguided and dangerous action against better cancer screening will make lifechanging science less accessible to minorities.
Gas Trade Group Calls Biden's Demand for Probe a 'Distraction'
The president asked the FTC to investigate whether Americans are paying more for gas "because of anti-competitive or otherwise potentially illegal conduct."
Biden Urges Probe Into Whether Illegal Conduct to Blame for High Gas Prices
Today, the average price for a gallon of regular unleaded gas is $3.413—more than a dollar higher than the average price one year ago.