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The Latest Breaking News from FTC

The price of love: Pandemic fuels romance scams

Washington (AFP) - For years, Debby Montgomery Johnson didn't tell anyone she'd been scammed out of more than $1 million by a man with whom she believed she was in a loving, though virtual, relationship.

Can the government stop fast fashion brands from lying to shoppers?

Can the government stop fast fashion brands from lying to shoppers?

A new bill in New York is targeting the industry’s lack of environmental and labor regulations, aiming to put an end to years of customer deception.

FTC claims South Florida company violated Do Not Call list to peddle ‘bogus’ auto warranties

How many times have you received a phone call from someone at “Dealer Services” seeking to sell you an extended warranty for your vehicle?

Tribune News Service

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Altria says judge has dismissed lawsuit over Juul investment

Altria says an administrative law judge dismissed a federal lawsuit alleging that its investment into vaping company Juul violates anticompetitive laws

The Independent UK

FTC says 'romance scams' bilked victims out of $547 million last year

Dating apps and social media were at the center of most scams, says the FTC.

U.S. Supreme Court to decide whether federal courts have jurisdiction over challenges to the structure of the Federal Trade Commission

The U.S. Supreme Court agreed to hear Axon Enterprise, Inc. v. Federal Trade Commission in an order released on Jan. 24, 2022. The case concerns whether federal courts have the authority to review constitutional challenges to the structure of the Federal Trade Commission (FTC) if plaintiffs have not first raised…

Nvidia calls off Arm buyout following FTC block

The FTC's tirade against Big Tech acquisitions continues unabated.

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Amazon wants to buy Peloton, antitrust concerns be damned

Amazon wants to buy Peloton, antitrust concerns be damned

After losing a significant portion of its value in the last year, Peloton is ripe for the picking.

Biogen's Aduhelm Approval, Marketing Comes Under FTC, SEC Probes

Biogen's Aduhelm Approval, Marketing Comes Under FTC, SEC Probes

The Federal Trade Commission (FTC) and the Securities and Exchange Commission (SEC) have launched two separate investigations into Biogen Inc (NASDAQ: BIIB) and its Alzheimer's med, Aduhelm (aducanumab).

House panel debates bill to create federal price-gouging policy - Roll Call

House panel debates bill to create federal price-gouging policy - Roll Call

The bill split panel members, with Republicans accusing Democrats of ignoring inflation, labor shortages and supply chain concerns.

Google, Microsoft-Activision, Tesla, Wordle and Stock Markets - Five Things You Must Know

Google, Microsoft-Activision, Tesla, Wordle and Stock Markets - Five Things You Must Know

Stock futures slip lower as February trading begins with caution; Bloomberg reports the FTC will probe Microsoft's $69 billion takeover of Activision; Google Q4 earnings on deck with a focus on ad sales; Tesla petition seeking Biden acknowledgement on EV leadership grows and the New York Times buys mystery word…

The FTC may finally be cracking down on fake product reviews

The FTC may finally be cracking down on fake product reviews

Fashion Nova, which has a history of underpaying factory workers and violating consumer protection law, denies allegations that it manipulated product reviews.

How to Spot Scammers on Dating Sites

How to Spot Scammers on Dating Sites

He sounds too good to be true, then he asks for money. Here's what to look for, and how to report dating fraud.

Crypto leads to massive surge in online scams

Crypto leads to massive surge in online scams

Fraud cases from social media now account for roughly 25% of all fraud cases in the U.S.

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Why Aerojet Rocketdyne Shares Are Falling

Aerojet Rocketdyne Holdings Inc (NYSE: AJRD) shares are trading lower by 18.5% at $36.72 Tuesday afternoon after the FTC sued to block the proposed merger with Lockheed

US sues to block Lockheed Martin-Aerojet deal

New York (AFP) - US authorities announced Tuesday they are suing to block Lockheed Martin's $4.4 billion takeover of Aerojet Rocketdyne, asserting the proposed deal would lead to higher costs on defense systems.

Aerojet Rocketdyne Stock Plummets As FTC Sues To Block Lockheed Martin Deal

Aerojet Rocketdyne Holdings Inc (NYSE:AJRD) stock fell following the disclosure that it is highly likely that the Federal Trade Commission (FTC) will vote to sue to block the Lockheed Martin Corp (NYSE:LMT) transaction. Meanwhile, the FTC stated it sued to block Lockheed Martin's $4.4 billion proposed vertical acquisition of Aerojet Rocketdyne. "The FTC is suing…

Snap Ramps Up International Expansion Capitalizing On Cleaner Image

Snap Inc (NYSE:SNAP) sped up its global expansion from Mexico to Japan through tie-ups with wireless carriers and highlighting its popular augmented reality features, Reuters reports. Snap remained largely unscathed by global governments and regulators and has developed a playbook for attracting users in new markets that plays up the appeal of…

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Will Microsoft's Activision Blizzard Acquisition Survive The Wrath Of Khan, As Antitrust Sentiment Becomes Bipartisan?

Star Trek: The Wrath Of Khan poster reimagined with incoming FTC Chairwoman Lina Khan as Khan and Google co-founder Larry Page and Amazon founder Jeff Bezos awaiting her wrath. Image via the Portfolio Armor art department. Muted Response To Microsoft's Activision Bid

The Guardian - UK

TechScape: The US government may be one step closer to breaking up Meta

In this week’s newsletter: How a judge’s ruling could pave the way for a costly, lengthy legal battle over the future of Facebook, WhatsApp, and Instagram

The Independent UK

US regulators aiming at illegal and anticompetitive mergers

U.S. competition regulators have mounted an effort to tighten enforcement against illegal mergers, in line with President Joe Biden’s mandate for greater scrutiny to big business combinations

The Elder Scrolls 6 - everything we know so far

The Elder Scrolls 6 was announced over six years ago. Here's what's been revealed since then.

Seven Things to Do Right Away If You're a Victim of a Data Breach

In today's digital age, data breaches have become all too common and leave unsuspecting consumers vulnerable to a host of identity theft issues.

16 Retirement Mistakes You Will Regret Forever

From saving too little to claiming Social Security too early, there are plenty of ways that current and future retirees can sabotage their golden years.

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