Federal Trade Commission

FTC Says Grocery Giants Profited From Pandemic-Era Supply Chain Problems
FTC Says Grocery Giants Profited From Pandemic-Era Supply Chain Problems
March 21, 2024  |  Economy

Large players in the grocery industry took advantage of the pandemic’s supply chain problems to raise prices and profits and keep them high. So said...

READ MORE >
FTC Refunds $4.1 Million to Student Loan Scam Victims
FTC Refunds $4.1 Million to Student Loan Scam Victims
March 13, 2024  |  Security & Fraud

The FTC is sending millions in refunds to victims of a student fraud scheme. The $4.1 million payments will go to some 27,000 consumers who were duped by a...

READ MORE >
Consumer Fraud Loss Tops $10 Billion, Aided by Digital Tools, FTC Says
Consumer Fraud Loss Tops $10 Billion, Aided by Digital Tools, FTC Says
February 09, 2024  |  Fraud Attack

Consumers lost a record $10 billion to fraud in 2023, with digital tools making it easier for scammers to find targets. That total is 14%...

READ MORE >
Amazon Could be Held Responsible for Third-Party Products
Amazon Could be Held Responsible for Third-Party Products
February 01, 2024  |  Amazon

Amazon could soon be responsible for third-party products on its website. As The Wall Street Journal (WSJ) reported Thursday (Feb. 1), citing sources familiar with...

READ MORE >
This Week in AI: FTC, Partnerships and Enterprise Deployments
This Week in AI: FTC, Partnerships and Enterprise Deployments
January 26, 2024  |  Artificial Intelligence

Generative artificial intelligence tends to grow in leaps and bounds. And increasingly, so do the companies behind the technology, including Microsoft, which reached a market...

READ MORE >
FTC Probes Big Tech and GenAI Partnerships’ Impact on Competition
FTC Probes Big Tech and GenAI Partnerships’ Impact on Competition
January 25, 2024  |  Artificial Intelligence

The Federal Trade Commission has begun an inquiry into investments and partnerships in the generative artificial intelligence sector. The regulator has ordered Google parent company Alphabet, Amazon, Anthropic, Microsoft and OpenAI to provide information...

READ MORE >
Both DOJ and FTC Want to Open Antitrust Probe of Microsoft/OpenAI Ties
Both DOJ and FTC Want to Open Antitrust Probe of Microsoft/OpenAI Ties
January 21, 2024  |  artificial intelligence

A pair of federal agencies reportedly wants to investigate OpenAI’s relationship with Microsoft. The question is, which one: The Department of Justice (DOJ) or the Federal Trade Commission (FTC)?  A report Friday...

READ MORE >
Judge Dismisses Lawsuit Against Kroger’s Proposed Acquisition of Albertsons
Judge Dismisses Lawsuit Against Kroger’s Proposed Acquisition of Albertsons
December 22, 2023  |  Acquisitions

A U.S. judge has dismissed a consumer lawsuit that alleged Kroger’s proposed acquisition of grocery chain operator Albertsons would lead to reduced competition and increased...

READ MORE >
FTC Seeks to Reverse Court’s Approval of Microsoft’s Activision Acquisition
FTC Seeks to Reverse Court’s Approval of Microsoft’s Activision Acquisition
December 06, 2023  |  Acquisitions

The Federal Trade Commission (FTC) is reportedly continuing its legal battle to challenge Microsoft’s acquisition of Activision Blizzard, the maker of popular video game franchise...

READ MORE >