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: FTC
FTC investigates Voyager over deceptive crypto marketing
Join Our Telegram channel to stay up to date on breaking news coverage The US regulators have been cracking down hard on the cryptocurrency industry, with the US SEC leading the charge. However, when ...
FTC Launches Investigation Into Marketing Of This Crypto Lending Firm
Join Our Telegram channel to stay up to date on breaking news coverage In a bankruptcy court filing on February 22, the U.S. Federal Trade Commission (FTC) revealed that it is investigating the market...
NFT Collection FTC Official Price, Stats, and Review
What is an FTC Official? FTC Official are a non-fungible tokens collection built on the Ethereum network launched in 5 June, 2022. 4,262 items of the FTC Official collection can now be viewed at OpenS...
FTC Objects to Voyager Digital Restructuring Plan, Citing Ongoing Investigation
The Federal Trade Commission has objected to crypto broker Voyager Digital’s third attempt at a bankruptcy restructuring plan, saying it would unlawfully bar the company from being held accountable fo...
Amazon Completes $3.9bn One Medical Acquisition After FTC’s Antitrust Challenge Times Out
Amazon campus in Palo Alto, California. Getty Key Takeaways Amazon’s acquisition of One Medical has completed after the FTC’s objection to the merger timed out The FTC is still continuing its investig...
FTC Asks Court to Block Voyager Plans Amid Fresh Probe
The U.S. Federal Trade Commission has submitted a court filing to prevent Voyager Digital’s bankruptcy plans from proceeding, as it would release the firm from liability related to misleading crypto m...
FTC objects to Binance.US-Voyager deal; reveals investigation into bankrupt firm
Latest Report The SEC vs. Paxos: A deep dive into the implications of the lawsuit and its effects on stablecoins The SEC’s notice to Paxos to stop minting BUSD could have longstanding implicatio...
The FTC’s Fight Against Non-Monopolies Won’t Help Consumers
Popular Bloomberg News columnist Matt Levine likes to make a comical point in his popular Moneystuff column for Bloomberg that from the SEC’s perspective nearly everything a company does (or its execu...
The FTC is preparing a wide-ranging antitrust lawsuit against Amazon
The US Federal Trade Commission (FTC) is reportedly preparing an antitrust lawsuit against Amazon. The potential legal action, first reported in the Wall Street Journal, is expected to target a wide a...
Egg Prices Rose 59% In 2022—And One Group Accuses Egg Suppliers Of ‘Foul Play’
Topline As egg prices have soared 59%—at a median cost of $4.25—one advocacy group claims egg suppliers are in a “collusive scheme” to keep prices high to maximize profits. Cartons of eggs are for sal...
Pharma’s Strategy To Exploit A Depression-Era Antitrust Law Would Raise Drug Costs For Consumers
The prescription drug market is bewildering to many, and its complexity can make rational discussions about the causes of high drug prices exceedingly difficult. It also means that government official...
FTC asks court to hold Martin Shkreli in contempt for launching new drug company
Martin Shkreli, whom you may know as “Pharma Bro,” launched a new company last year called “Druglike, Inc.” Now, the Federal Trade Commission (FTC) has asked a federal judge to...
‘Pharma Bro’ Shkreli Violated Lifetime Ban And Should Be Sanctioned, FTC Says
Topline The Federal Trade Commission is asking a federal judge to sanction former hedge fund manager Martin Shkreli, arguing he should be held in contempt for violating his lifetime ban from the pharm...
U.S. Chamber of Commerce threatens to sue the FTC over proposed ban on noncompete clauses
Signage is seen on the Chamber Of Commerce Building in the Manhattan borough of New York City, New York, U.S., April 21, 2021. Andrew Kelly | Reuters A major business advocacy group has pledged to sue...
Microsoft and FTC pre-trial hearing set for January 3rd
A federal judge has set a date for the first pre-trial hearing between Microsoft and the Federal Trade Commission (FTC). The two go to court on January 3rd to spar over the fate of Microsoft’s to buy ...
Epic Games Agrees To Pay Whopping $525M To Settle FTC Charges
Blockchain News On Monday morning, the FTC made the settlement announcements. The FTC is sending a strong message to companies through this enforcement. The developer of the massively popular online ...
Epic Games to Pay $520M to FTC Over Fortnite ‘Design Tricks,’ Privacy Issues
In brief Fortnite creator Epic Games will pay $520 million in FTC settlements regarding allegations over in-game purchases and protecting young players. Epic Games is valued at $31.5 billion and is wo...
Microsoft, in FTC crosshairs, announces another acquisition
As its battle with the Federal Trade Commission deepens over the Activision Blizzard Inc. ATVI, +0.75% acquisition, Microsoft Corp. MSFT, -0.06% isn’t shying away from merger activity. The compa...
Cramer reacts to FTC complaint against Microsoft-Activision deal
Microsoft Corp (NASDAQ: MSFT) is in focus this morning after the Federal Trade Commission sued the tech behemoth in an attempt to block its $69 billion acquisition of Activision Blizzard (NASDAQ: ATVI...
U.S FTC Opposes Activision Blizzard Acquisition by Microsoft
The FTC claims Microsoft would gain an unfair edge in the gaming sector. If the case prevails, it will slow down Microsoft’s expansion into the metaverse. A lawsuit to prevent Microsoft’s acquisition ...
FTC Probes ‘Possible Misconduct’ in Cryptocurrency Advertising
The U.S. Federal Trade Commission (FTC) is investigating several unnamed crypto firms over deceptive or misleading crypto advertising, according to a Bloomberg report. “We are investigating several fi...
U.S. FTC Begins Probe on Crypto Ad Misconduct
The United States Federal Trade Commission (FTC) has begun a probe on a number of crypto firms on the matter of possible ad misconduct for public materials which may have misrepresented facts and clai...