News and Events - Federal Trade Commission
WEBFTC Sues Prescription Drug Middlemen for Artificially Inflating Insulin Drug Prices. Date. September 20, 2024. Today, the Federal Trade Commission brought action against the three largest prescription drug benefit managers (PBMs)—Caremark Rx, Express Scripts (ESI), and OptumRx—and their affiliated group... Press Release.
Press Releases - Federal Trade Commission
WEBFTC Sends Refunds to Consumers Harmed by CafePress’s Data Security Failures. Date. September 18, 2024. The Federal Trade Commission is sending payments totaling more than $370,000 to consumers who were harmed by the data security failures of online merchandise platform CafePress.
FTC Announces Rule Banning Noncompetes - Federal Trade …
WEBApr 23, 2024 · The FTC estimates that the final rule banning noncompetes will lead to new business formation growing by 2.7% per year, resulting in more than 8,500 additional new businesses created each year. The final rule is expected to result in higher earnings for workers, with estimated earnings increasing for the average worker by an additional …
As Nationwide Fraud Losses Top $10 Billion in 2023, FTC Steps Up ...
WEBWhile the FTC does not intervene in individual complaints, Sentinel reports are a vital part of the agency’s law enforcement mission and also help the FTC to warn consumers and identify fraud trends it is seeing in the data. A full breakdown of reports received in 2023 is now available on the FTC’s data analysis site at ftc.gov/exploredata ...
FTC Sues Amazon for Illegally Maintaining Monopoly Power
WEBSep 26, 2023 · The Federal Trade Commission and 17 state attorneys general today sued Amazon.com, Inc. alleging that the online retail and technology company is a monopolist that uses a set of interlocking anticompetitive and unfair strategies to illegally maintain its monopoly power. The FTC and its state partners say Amazon’s actions allow it to stop ...
News - Federal Trade Commission
WEBNews. Stay up to date on the latest FTC news and developments. Check out our news releases announcing agency law enforcement actions, events, and timely research and advice on important issues facing consumers. You can also explore the views of the FTC Chair and Commissioners by reading their latest public remarks and keep track of the ...
FTC Proposes New Protections to Combat AI Impersonation of …
WEBFeb 15, 2024 · Tech. Artificial Intelligence. The Federal Trade Commission is seeking public comment on a supplemental notice of proposed rulemaking that would prohibit the impersonation of individuals. The proposed rule changes would extend protections of the new rule on government and business impersonation that is being finalized by the …
Commission Actions | Federal Trade Commission
WEBFTC Action Leads to Settlement Against Individual and Company that Operated Business Opportunity Scheme That Took Millions from Consumers. Date. September 18, 2024. As a result of a Federal Trade Commission lawsuit, an individual and his company who helped operate a sprawling business opportunity scheme known as Blueprint to Wealth have …
FTC Takes Action Against Adobe and Executives for Hiding Fees ...
WEBJun 17, 2024 · A federal court complaint filed by the Department of Justice upon notification and referral from the FTC charges that Adobe pushed consumers toward the “annual paid monthly” subscription without adequately disclosing that cancelling the plan in the first year could cost hundreds of dollars. Wadhwani is the president of Adobe’s digital ...
FTC Issues Orders to Social Media and Video Streaming Platforms ...
WEBMar 16, 2023 · The orders were sent using the FTC’s 6(b) authority, which authorizes the Commission to conduct wide-ranging studies that do not have a specific law enforcement purpose. The Commission voted 4 -0 during an open meeting to issue the 6(b) orders to the eight social media and video service services.