NEW YORK (AP) — The Federal Trade Commission said Tuesday that it has sued Walmart for allegedly allowing its money transfer services to be used by scam artists who stole “hundreds of millions of dollars" from customers.
WASHINGTON (AP) — Federal regulators have accused Harley-Davidson and Westinghouse of imposing illegal warranty terms on customers and ordered them to fix their warranties and ensure that their dealers compete fairly with independent repair-makers.
WASHINGTON (AP) — The head of the Federal Trade Commission says the agency is pushing a robust agenda of actions and policies to help safeguard children's privacy online.
The Federal Trade Commission is starting an inquiry into the operations of pharmacy benefit managers who control access to prescription drugs for millions of Americans.
The consumer protection agency said Tuesday that that it will order the nation’s largest PBMs to provide a range of information and records detailing how they do business.
WASHINGTON (AP) — Twitter will pay a $150 million penalty and put in new safeguards to settle federal regulators’ allegations that the social platform failed to protect the privacy of users’ data over a six-year span.
WASHINGTON (AP) — A closely divided House approved legislation Thursday to crack down on alleged price gouging by oil companies and other energy producers as prices at the pump continue to soar.
A bill backed by House Democrats would give President Joe Biden authority to declare an energy emergency that would make it unlawful to increase gasoline and home energy fuel prices in an “excessive” or exploitative manner.
WASHINGTON (AP) — Citing growing worries about high gasoline prices, Democratic leaders announced an effort Thursday to give the Federal Trade Commission increased authority to crack down on companies that engage in price gouging.
Dan Snyder's ownership of his hometown NFL team in Washington has been full of more controversy than playoff success for more than two decades.
Still, the past couple of years have been tumultuous enough to raise the question of how tight Snyder's grip is on the once-storied franchise.
WASHINGTON (AP) — The NFL’s Washington Commanders denied several allegations of financial impropriety in a letter sent Monday to the U.S Federal Trade Commission.
The 19-page letter — including testimony, emails and other documents — came as a response to the U.S.
WASHINGTON (AP) — The U.S. House Committee on Oversight and Reform sent a letter to the Federal Trade Commission on Tuesday saying the Washington Commanders engaged in potentially unlawful financial conduct, and the NFL plans to look into the most serious allegations.
NEW YORK (AP) — Walmart and Kohl's are paying a combined $5.5 million in settlements after the Federal Trade Commission said they falsely marketed dozens of sheets and other home textile products as made of environmentally friendly bamboo, when they were actually rayon.
The Federal Trade Commission is suing TurboTax maker Intuit, saying its ads for “free” tax filing misled consumers. Intuit says it will fight the suit.
The consumer protection agency said Tuesday that millions of consumers cannot actually use the free tax-prep software option — two-thirds of tax filers in 2020.
WASHINGTON (AP) — Tobacco giant Altria said Tuesday that an administrative law judge has dismissed a federal lawsuit alleging the company's partnership with e-cigarette maker Juul Labs amounted to an anticompetitive agreement that hurt consumers.
WASHINGTON (AP) — Federal regulators are suing to block Lockheed Martin Corp.'s $4.4 billion bid for Aerojet Rocketdyne Holdings, saying it would limit competition and drive up prices for components used in missiles that Lockheed and other defense contractors build for the Pentagon.
WASHINGTON (AP) — U.S. competition regulators have mounted an effort to tighten enforcement against illegal mergers, in line with President Joe Biden’s mandate for greater scrutiny to big business combinations.
A federal judge has ruled that the Federal Trade Commission’s revised antitrust suit against Meta, formerly known as Facebook, can proceed, shutting down the social media company’s request for a dismissal.
WASHINGTON (AP) — Three bright and driven women with ground-breaking ideas made significant — if very different — marks on the embattled tech industry in 2021.
Frances Haugen, Lina Khan and Elizabeth Holmes — a data scientist turned whistleblower, a legal scholar turned antitrust enforcer and a former Silicon Valley high-flyer turned criminal defendant — all figured heavily in a technology world where men have long dominated the spotlight.
SACRAMENTO, Calif. (AP) — A company once owned by “Pharma Bro" Martin Shkreli will pay up to $40 million to settle allegations that it jacked up the price of a life-saving medication by roughly 4,000% after obtaining exclusive rights to the drug, the Federal Trade Commission announced Tuesday.
The Federal Trade Commission on Thursday sued to block graphics chip maker Nvidia’s $40 billion purchase of chip designer Arm, saying the deal would create a powerful company that could hurt the growth of new technologies.
WASHINGTON (AP) — President Joe Biden’s choice to lead enforcement of competition laws at the Justice Department has won Senate approval as his administration pursues action against outsized market power it has condemned in several industries, including Big Tech, health care, airlines and agriculture.
The nascent Horseracing Integrity and Safety Authority on Thursday released a draft of proposed anti-doping and medication control rules designed to bring uniformity to a sport that has operated for years under patchwork regulations in 38 racing states.
WASHINGTON (AP) — Federal regulators say they are cracking down on “an explosion” of businesses' use of fake reviews and other misleading messages to promote their products and services on social media.
WASHINGTON (AP) — The family of a slain journalist is asking the Federal Trade Commission to take action against Facebook for failing to remove online footage of her shooting death.
Andy Parker said Tuesday the company is violating its own terms of service in hosting videos on Facebook and its sibling service Instagram that glorify violence.
Facebook is asking a federal court to dismiss a revised complaint against it by the Federal Trade Commission, arguing that the agency has not provided enough evidence to show that the company is a monopoly.
WASHINGTON (AP) — The Senate narrowly approved President Joe Biden's pick to run the Consumer Financial Protection Bureau on Thursday, giving the bureau a director who is likely to embrace an aggressive “watchdog” role, similar to how the agency operated under former President Barack Obama.
BOSTON (AP) — The Federal Trade Commission has for the first time banned a company that makes so-called stalkerware — software used to surreptitiously track a cellphone user's activities and location — from continuing in the surveillance app business.
WASHINGTON (AP) — Federal regulators have sharpened their antitrust attack against Facebook, alleging in a revised complaint Thursday that the social network giant pursued a laser-focused strategy to “buy or bury" rivals to suppress competition.
WASHINGTON (AP) — President Joe Biden's administration is moving at home and abroad to try to address concerns about rising energy prices slowing the nation's recovery from the pandemic-induced recession.
WASHINGTON (AP) — A senior Federal Trade Commission official is criticizing Facebook’s move to shut down the personal accounts of two academic researchers and terminate their probe into misinformation spread through political ads on the social network.
WASHINGTON (AP) — Americans would be freer to repair their broken cellphones, computers, videogame consoles and even tractors themselves, or to use independent repair shops, under changes being eyed by federal regulators.
WASHINGTON (AP) — Facebook is asking that the new head of the Federal Trade Commission step away from decisions on whether to continue the agency's antitrust case against the social network giant, asserting that past public criticism of the company’s market power makes it impossible for her to be impartial.
OMAHA, Neb. (AP) — Federal regulators say Berkshire Hathaway's $1.3 billion deal to buy a natural gas pipeline from Dominion Energy that fell apart this week should have never been attempted because a similar deal drew strong opposition in the past.
WASHINGTON (AP) — Amazon is asking that the new head of the Federal Trade Commission step aside from antitrust investigations into the e-commerce giant, contending that her past public criticism of the company’s market power makes it impossible for her to be impartial.
WASHINGTON (AP) — A federal judge on Monday dismissed antitrust lawsuits brought against Facebook by the Federal Trade Commission and a coalition of state attorneys general, dealing a significant blow to attempts by regulators to rein in tech giants.
WASHINGTON (AP) — President Joe Biden on Tuesday installed an energetic critic of Big Tech as a top federal regulator at a time when the industry is under intense pressure from Congress, regulators and state attorneys general.
The Federal Trade Commission and six states are suing Frontier Communications for not delivering the internet speeds it promised customers and charging them for better, more expensive service than they actually got.
Amazon met with skepticism from some privacy advocates and members of Congress last year when it introduced its SAN FRANCISCO (AP) — Facebook said it expects a fine of up to $5 billion from the Federal Trade Commission, which is investigating whether the social network violated its users' privacy...