Meta Loses Second Bid to Thwart FTC’s Change to Privacy Pact March 18, 2024 By Leah Nylen and Sabrina Willmer Meta Platforms Inc. lost its second court ruling this week seeking to stop the Federal Trade Commission’s reopening a 2020...
FTC Sues to Block Kroger’s $24.6 Billion Albertsons Deal February 27, 2024 By Leah Nylen and Jaewon Kang The US Federal Trade Commission, eight states and Washington DC sued to block Kroger Co.’s $24.6 billion acquisition of Albertsons...
Federal Trade Commission Reports Nationwide Fraud Losses Topped $10B in 2023 February 12, 2024 Consumers reported losing more than $10 billion to fraud in 2023, marking the first time that fraud losses have reached...
FTC Reaches Settlement With XCast Labs Over Illegal Robocalls January 4, 2024 By Susan Heavey U.S. regulators and XCast Labs have agreed on a proposed settlement of charges that the company facilitated billions of illegal...
FTC Streamlines Probes Related to Artificial Intelligence December 22, 2023 Investigations of cases where artificial intelligence (AI) is used to break the law will be streamlined under a new process...
Rite Aid Banned From AI Facial Recognition by FTC After Misuse December 21, 2023 By Leah Nylen Rite Aid Corp. must stop using facial recognition for the next five years as part of a privacy settlement with...
Amazon Asks Judge to Dismiss FTC Lawsuit, Says No Consumer Harm Shown December 11, 2023 By Diane Bartz Amazon.com asked a federal court on Friday to dismiss a U.S. government antitrust lawsuit which accuses the company of using...
Microsoft’s OpenAI Investment Risks Scrutiny From US, UK Regulators December 8, 2023 By Leah Nylen The US Federal Trade Commission is examining the nature of Microsoft Corp.’s investment in OpenAI Inc. and whether it may...
X Corp. Loses Fight to End FTC Privacy Oversight November 21, 2023 By Malathi Nayak X Corp. failed to persuade a federal judge to curb the US Federal Trade Commission’s close watch over the social...
New FTC Court Filing: Amazon Made $1B Through Secret Price Algorithm November 3, 2023 By Diane Bartz, Arriana McLymore and David Shepardson Amazon.com used a series of illegal strategies to boost profits at its online retail empire, including an algorithm that pushed...