FTC

FTC hammers Walmart over years of ‘facilitating’ money transfer scams

The Federal Trade Commission is suing Walmart for sitting by while scammers bilked customers out of more than $197 million, the agency alleged in a statement on Tuesday. It’s seeking a court ord

Twitter agrees to pay $150M for breaking privacy promises

Twitter has agreed to pay $150 million as part of a settlement with regulators over allegations that the social media company misrepresented the “security and privacy” of user data over se

FTC orders online shop to pay $4M for hiding reviews below 4 stars

We all know online reviews must be taken with a grain of salt, but generally you’d like to think that a product with a 4.5-star average is better than one with a 3.5-star average. You might be w

FTC sues to block Lockheed Martin’s $4.4B deal to buy Aerojet Rocketdyne

The U.S. Federal Trade Commission (FTC) has filed suit to block the pending deal defense and aerospace giant Lockheed Martin has on the table to acquire Aerojet Rocketdyne. The proposed deal has a tot

FTC challenges consolidation in tech with review of merger guidelines

It’s a sign of the times that on the very same morning, the FTC and Justice Department announced a thorough review of corporate merger policies with an eye to preventing anti-competitive acquisi

FTC may consider rule curbing algorithmic discrimination and ‘commercial surveillance’

The Federal Trade Commission appears to be preparing to consider a rule aimed at digital platforms that either invasively track their users or allow others to do so. The “Trade Regulation Rule o

FTC bans spyware maker SpyFone, and orders it to notify hacked victims

The Federal Trade Commission has unanimously voted to ban the spyware maker SpyFone and its chief executive Scott Zuckerman from the surveillance industry, the first order of its kind, after the agenc

FTC puts hardware makers on warning for potential ‘unlawful repair restrictions’

As phones and other consumer devices have gained feature after feature, they have also declined in how easily they can be repaired, with Apple at the head of this ignoble pack. The FTC has taken note,

Facebook is shook, asks for removal of FTC Chair Khan from antitrust cases against it

Facebook has joined Amazon in a show of alarm at the sudden rise of antitrust hawk Lina Khan to the position of FTC Chair by asking that she be recused from all decisions relating to the company. The

Amazon betrays its fear with petition to sideline FTC Chair and antitrust hawk Lina Khan

Amazon has petitioned that the newly minted Chair of the FTC and implacable critic of the company, Lina Khan, be recused from decisions relating to the company. The company argues that she has been to

FTC’s antitrust case against Facebook falters but doesn’t quite fall in federal court

An antitrust suit against Facebook by the FTC and several states had the wind taken out of its sails today by a federal judge, who ruled that the plaintiffs don’t provide enough evidence that th

A newly tech-skeptical FTC will reportedly review Amazon’s acquisition of MGM

Amazon’s purchase of MGM must pass the scrutiny of the FTC, newly chaired by prominent Amazon critic Lina Khan, The Wall Street Journal has reported. While the $8.45 million merger is not likely

Biden elevates tech antitrust crusader Lina Khan to FTC chair

The Senate confirmed Big Tech critic and prominent antitrust scholar Lina Khan as FTC Commissioner Tuesday. In a strong and surprising signal that the tech industry is overdue for some intense regulat

Lina Khan’s timely tech skepticism makes for a refreshingly friendly FTC confirmation hearing

One never knows how a confirmation hearing will go these days, especially one for a young outsider nominated to an important position despite challenging the status quo and big business. Lina Khan, ju

Biden will nominate Big Tech critic and antitrust star Lina Khan to the FTC

Biden didn’t campaign on getting tough against Big Tech, but his early actions are speaking louder than his words. The White House confirmed its intentions to nominate Lina Khan to the FTC Monda

Facebook challenges FTC’s antitrust case with Big Tech’s tattered playbook

Facebook has challenged the FTC’s antitrust case against it using a standard playbook that questions the agency’s arguably expansive approach to defining monopolies. But the old reliable &

Amazon to pay $61.7M to settle FTC complaint over stolen Amazon Flex driver tips

The U.S. Federal Trade Commission announced today that Amazon will be required to pay $61.7 million to settle charges that it withheld some customer tips from its Amazon Flex drivers over a two and a

Flo gets FTC slap for sharing user data when it promised privacy

The FTC has reached a settlement with Flo, a period and fertility tracking app with 100 million+ users, over allegations it shared users’ health data with third-party app analytics and marketing

FTC settlement with Ever orders data and AIs deleted after facial recognition pivot

The maker of a defunct cloud photo storage app that pivoted to selling facial recognition services has been ordered to delete user data and any algorithms trained on it, under the terms of an FTC sett

P&G terminates plan to acquire razor startup Billie following FTC lawsuit

Procter & Gamble will not acquire women’s beauty products startup Billie, as previously planned, following action taken by the U.S. Federal Trade Commission to stop the deal from proceeding.
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