U.S. FTC settles with Weber grills over ‘right to repair’
WASHINGTON – Weber-Stephen Products LLC, the maker of Weber grills, has agreed to scrap some warranty rules as part of a settlement with the U.S. Federal Trade Commission (FTC) over consumers’ right…
Twitter Agrees With DOJ And FTC To Pay $150 Million Civil Penalty And To Implement Comprehensive Compliance Program To Resolve Alleged Data Privacy Violations
SAN FRANCISCO – The Department of Justice, together with the Federal Trade Commission (FTC), announced a settlement that, if approved by a federal court, will require Twitter, Inc. to pay $150 million…
U.S. senators propose FTC investigate beef price fixing
WASHINGTON – U.S. Senators Elizabeth Warren and Mike Rounds on Thursday introduced a bipartisan resolution asking the Federal Trade Commission to investigate beef companies for potential price fixing. It is the latest…
Asked about Musk and Twitter, FTC official says some deals help economy
WASHINGTON – Noah Phillips, a Republican on the U.S. Federal Trade Commission, on Thursday sidestepped a question about Elon Musk’s plan to buy Twitter but said some transactions were economically important because…
Senate Confirms Biden’s ‘Radical’ FTC Pick Criticized For Anti-ICE Stance
Senate Confirms Biden’s ‘Radical’ FTC Pick Criticized For Anti-ICE Stance Jennie Taer on May 11, 2022 The Senate voted Wednesday to confirm President Joe Biden’s nominee Alvaro Bedoya to the empty fifth…
U.S. Senate panel advances bill to help FTC fight deception, fraud
WASHINGTON – U.S. lawmakers on Wednesday sent to the Senate floor a Democratic-backed bill that would allow the Federal Trade Commission to force deceptive companies to return money to victims. The Senate…
Chamber of Commerce says bill to strengthen U.S. FTC ‘troubling’
WASHINGTON – The Chamber of Commerce, which speaks for U.S. businesses, said Tuesday that it opposes a bill aimed at restoring the U.S. Federal Trade Commission’s power to force deceptive companies and…
U.S. FTC presses internet service provider Frontier to back up speed claims
WASHINGTON – Internet service provider Frontier Communications must back up its speed claims, the U.S. Federal Trade Commission said in a proposed order on Thursday, accusing the company of charging “high-speed prices…
COVID threatens new U.S. Senate delays for Biden’s Fed, FTC nominees
By David Morgan WASHINGTON – An effort by U.S. Senate Democrats to move forward on President Joe Biden’s nominees for the Federal Reserve and Federal Trade Commission appeared headed for a second…
U.S. FTC mulling telemarketing rule changes to make cancellation easier
WASHINGTON – The U.S. Federal Trade Commission indicated on Thursday that it was considering tightening some telemarketing rules, including one to make it easier for people to cancel services that they no…
U.S. Senate set to confirm Bedoya as FTC commissioner
By Richard Cowan WASHINGTON – Alvaro Bedoya will be confirmed to the U.S. Federal Trade Commission this week, Senate Majority Leader Chuck Schumer said on Sunday, giving the agency enough votes to…
Broadcom under Antitrust scrutiny from FTC again – The Information
(Reuters) – Semiconductor maker Broadcom Inc is under scrutiny from the U.S. Federal Trade Commission following complaints it is forcing exclusive agreements with customers, The Information reported on Friday. The FTC is…
U.S. Chamber urges Senate to wait on FTC nominee Bedoya
(Reuters) -The U.S. Chamber of Commerce on Wednesday urged the Senate to delay consideration of President Joe Biden’s Federal Trade Commission nominee Alvaro Bedoya, accusing the current FTC leadership of undermining companies’…
U.S. FTC approves Hikma deal for Custopharm with conditions
WASHINGTON – Generic drug maker Hikma Pharmaceuticals has won U.S. antitrust approval to buy Custopharm, Inc on condition that it divest an injectable steroid, the U.S. Federal Trade Commission said on Tuesday.…
U.S. Senate votes to move forward with Bedoya’s FTC confirmation
WASHINGTON – The U.S. Senate on Wednesday voted to break a deadlock over the nomination of privacy expert Alvaro Bedoya to join the Federal Trade Commission, narrowly approving an effort to move…
FTC approaches March deadline for reviewing Amazon-MGM deal -source
– The Federal Trade Commission is approaching a mid-March deadline for making a decision on whether to approve Amazon.com Inc’s purchase of movie studio MGM for $8.5 billion, according to a source…
U.S. Democrats meet with FTC chief on ‘troubling’ price increases
WASHINGTON – U.S. Senate Democrats met on Thursday with Federal Trade Commission Chair Lina Khan to discuss “troubling” price increases in oil, gas, prescription drugs and other items, Senate Majority Leader Chuck…
U.S. FTC seeks comments on how benefits managers affect small pharmacies
By Diane Bartz WASHINGTON – The U.S. Federal Trade Commission said on Thursday it was seeking public comment on how pharmacy benefit managers (PBMs) affect smaller pharmacies and consumers, after commissioners could…
FTC approves modifications to Boston Scientific divestiture agreement
– The U.S. Federal Trade Commission said it has approved certain modifications to medical device company Boston Scientific Corp’s divestiture agreements. “The FTC approved these agreements and incorporated them into its order…
U.S. FTC eyes rule to claw back money from companies that lie about gig worker earnings
WASHINGTON – The U.S. Federal Trade Commission, which enforces consumer protection rules, voted on Thursday to embark on regulations that would allow it to win back money from companies that are deceptive…
Ted Cruz Calls For FTC Probe Into GoFundMe For Shutting Down Convoy Fundraiser
Republican Texas Sen. Ted Cruz said Sunday he was demanding the Federal Trade Commission (FTC) investigate crowdfunding site GoFundMe after it shut down a fundraiser supporting truckers protesting Canadian COVID-19 restrictions. “Today…
U.S. Senate panel delays votes on FTC, FCC nominees
By David Shepardson and Diane Bartz WASHINGTON – The U.S. Senate Commerce Committee said Tuesday it will not move forward with votes on nominees for the Federal Trade Commission (FTC) and Federal…
FTC Will Scrutinize Microsoft’s Massive Video Game Acquisition: REPORT
The Federal Trade Commission (FTC) will review Microsoft’s $68 billion acquisition of video game company Activision, according to a Bloomberg report. While the Department of Justice (DOJ) has previously handled Microsoft’s antitrust…
U.S. Senate panel set to vote on FCC, FTC auto safety nominees on Feb 2
By David Shepardson WASHINGTON -The U.S. Senate Commerce Committee is set to vote Feb. 2 on nominees to head the auto safety agency and to open seats on the Federal Communications Commission…
U.S. Supreme Court takes up Taser maker’s battle with FTC
By Andrew Chung – The U.S. Supreme Court on Monday agreed to hear Axon Enterprise Inc’s bid to revive its challenge to the constitutionality of the Federal Trade Commission’s structure aimed at…
Biden Asks FTC To Probe Alleged Price Gouging By Gasoline Providers: ‘Mounting Evidence’
President Joe Biden asked Federal Trade Commission Chair Lina Khan to investigate alleged price gouging by U.S. gasoline providers in a letter sent Wednesday. The president suggested to Federal Trade Commission (FTC)…
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