FTC (Federal Trade Commission) renews its vow to go after purveyors of AI that are making false or … [+] misleading claims. getty Bring down the hammer. That’s what the Federal Trade Commission ...
Tag: Federal Trade Commission
The PBM Transparency Act Will Not Lower Drug Prices
While members of Congress agree on the need to try to rein in the prices of prescription drugs, there is less consensus as to how this might be accomplished. Unfortunately, some of the ideas currently...
With Great Data Comes Great Responsibility
Data privacy is the next big thing for companies to address—and they need to do it now. Companies of all sizes constantly face the challenge of adapting to new business needs. First, it was all about ...
Former Uber Security Chief Convicted Of Covering Up Data Breach
Topline A former Uber executive was found guilty Wednesday on federal obstruction of justice charges for failing to report a 2016 hack at the rideshare company to the Federal Trade Commission, in what...
State & Federal Officials Increasingly Seek Policy Change Through Litigation Instead Of Legislation
President Joe Biden & North Carolina Gov. Roy Cooper in Raleigh, N.C. (AP Photo/Susan Walsh) Copyright 2021 The Associated Press. All rights reserved. Someone at the IRS criminally leaked confiden...
Will The FTC Try To Unwind Northrop Grumman’s 2018 Merger With Orbital ATK?
On July 22, Politico reported based on anonymous sources that Federal Trade Commission lawyers have concluded Northrop GrummanNOC violated the terms of an agreement that the agency imposed as a condit...
Multibillion-Dollar Loot Box Industry Under Fire As Campaigners Urge Regulators To Investigate FIFA Video Game Maker
Topline A letter Thursday from several advocacy groups called for the Federal Trade Commission to investigate FIFA video game maker Electronic Arts over its loot box feature in games, a controversial ...
This Move By The FTC Is The Latest Action Against BurgerIM.
A Calabasas-based chain of fast-food restaurants, BurgerIM, and its owner, Oren Loni, have been sued by the US FTC (Federal Trade Commission) for allegedly enticing consumers to buy franchises using f...
Consumers lost $5.8 billion to fraud last year — up 70% over 2020
krisanapong detraphiphat | Moment | Getty Images American consumers reported losing more than $5.8 billion to fraud last year, up from $3.4 billion in 2020 (an increase of more than 70%), the Federal ...