Federal Trade Commission

The Federal Trade Commission (FTC) is intensifying its efforts to combat deceptive practices linked to artificial intelligence through a new initiative called Operation AI Comply. The initiative targets companies that misuse AI to engage in misleading conduct that harms consumers. FTC Chair Lina M...

Federal Trade Commission (FTC) Chair Lina Khan has raised concerns about the potential misuse of AI by airlines to charge higher prices for passengers attending funerals. What Happened: Speaking at the 2024 Fast Company Innovation Festival, Khan highlighted the risks AI poses in enabling fraud and...

U.S. antitrust authorities have reportedly initiated an early-stage investigation into NVIDIA Corp. (NASDAQ:NVDA) over its potential dominance in the artificial intelligence chip market. What Happened: The Justice Department’s antitrust division has contacted Nvidia to inquire about its...

Editor’s note: This story has been updated with a statement from Kroger. The Federal Trade Commission (FTC) has reached the halfway point in a trial where it is trying to convince an Oregon federal judge to grant an injunction that would prevent two of the largest grocers — The Kroger Co. (...

A federal judge has ruled against the Federal Trade Commission, stating that it lacks the authority to prevent companies from imposing noncompete agreements on their employees. What Happened: On Tuesday, Judge Ada Brown of the U.S. District Court for the Northern District of Texas declared that the...

The historic ruling against Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) is one of several in the Big Tech antitrust arena. Google, deemed monopolistic, violated antitrust laws with its search engine, Judge Amit Mehta ruled. Some experts say the verdict could affect similar lawsuits against other...

Microsoft Corp (NASDAQ:MSFT) issued a response to the Federal Trade Commission’s (FTC) complaints concerning recent modifications to Xbox Game Pass, including price hikes and the discontinuation of the console-only tier. This move comes after the FTC filed a letter with the U.S. Court of...

The Food and Drug Administration (FDA) and the Federal Trade Commission (FTC) have intensified their oversight of the cannabis industry, issuing another round of warning letters to companies on Tuesday. The businesses are accused of selling products infused with hemp-derived cannabinoids, such as...

The U.S. Federal Trade Commission (FTC) has launched a lawsuit to halt the $8.5 billion acquisition of Capri Holdings Ltd. (NYSE:CPRI) by Tapestry Inc. (NYSE:TPR). What Happened: The FTC’s lawsuit, filed on Monday, contends that the proposed merger would eliminate direct competition between...

Meta Platforms Inc. (NASDAQ:META) has opposed the U.S. Federal Trade Commission’s (FTC) proposal to modify a 2020 privacy agreement. The company has justified its stance by highlighting its voluntary disclosure of technical glitches in the Messenger Kids app. What Happened: In a fling on...

The Federal Trade Commission (FTC) has implemented a new rule to combat the growing threat of impersonation scams, which cost victims an estimated $1.1 billion last year, “more than three times what consumers reported in 2020.” What Happened: The FTC’s new rule, which came into...

Avast, a prominent cybersecurity company, has been slapped with a $16.5 million fine by the Federal Trade Commission (FTC) for unlawfully selling user data. The company is also prohibited from selling user data for advertising and must delete all data obtained by its Jumpshot arm. What Happened:...

Microsoft Corp. (NASDAQ: MSFT) has responded directly to the Federal Trade Commission's (FTC) claims regarding layoffs following the acquisition of Activision. The FTC blasted Microsoft's 1,900 layoffs, saying they contradicted earlier assurances made during the antitrust trial....

Technology giant Microsoft Corporation (NASDAQ:MSFT) made headlines in early 2023 with a $10-billion investment in OpenAI, the parent company of ChatGPT. A year later, Microsoft's partnership with OpenAI is drawing the attention of the U.S. Department of Justice and the Federal Trade Commission,...

The Department of Justice's (DOJ) antitrust lawyers are reportedly scrutinizing Apple Inc. (NASDAQ:AAPL) over its actions to block Beeper, an app that provided Android users access to iMessage. What Happened: The DOJ scrutiny follows a bipartisan call for an investigation and Beeper’s...