FTC-PR-240313-2 (Mar. 13, 2024) FTC Issues Infant Formula Supply Disruptions Report Today, the Federal Trade Commission issued a report on market factors relevant to infant formula supply disruptions, which details aspects of the U.S. infant formula market that rendered it vulnerable to supply disruptions in 2022. The report also outlines considerations for policymakers to help create a […]
Category: FTC-24
FTC-24 – Federal Trade Commission (FTC)
Press Releases and other Announcements
for the Year of 2024
FTC-PR-240313-1 (Mar. 13, 2024) FTC Sends More Than $4.1 Million in Refunds to People Who Lost Money to Student Loan Debt Relief Scheme – Agency said scammers lured consumers with fake loan forgiveness and pocketed their money. The Federal Trade Commission is sending more than $4.1 million in refunds to people who lost money to […]
FTC-PR-240311-2 (Mar. 11, 2024) FTC Submits Annual Budget Request to Congress The Federal Trade Commission submitted to Congress its Fiscal Year 2025 budget request, in support of the President’s FY 2025 budget for the federal government. The budget request also includes the Performance Plan for FY 2024 and FY 2025, and Performance Report for FY 2023, […]
FTC-PR-240311-1 (Mar. 11, 2024) FTC, 10 States Take Action Against Operator of Sham Cancer Charity for Deceiving Donors – Complaint charges Women’s Cancer Fund and Gregory Anderson with raising more than $18 million from donors, with only 1% going to financial support for cancer patients. The Federal Trade Commission and 10 states are suing sham […]
FTC-PR-240307-3 (Mar. 7, 2024) FTC Convenes Advisory Group to Fight Scams Against Older Adults – April 2 meeting of advisory group will highlight information gathered by committees since previous meeting The Federal Trade Commission will host an online meeting of the Scams Against Older Adults Advisory Group on April 2, 2024. The meeting will include reports from […]
FTC-PR-240307-2 (Mar. 7, 2024) FTC Implements New Protections for Businesses Against Telemarketing Fraud and Affirms Protections Against AI-enabled Scam Calls – Final rule extends telemarketing protections to business-to-business calls; Commission also proposes new consumer protections against tech support scams pitched over the phone The Federal Trade Commission today announced a final rule extending telemarketing fraud […]
FTC-Recovery Frauds (Sep. 2, 2024) Don’t be Re-Victimized by Recovery Frauds “We can get your money back.” If you recently lost a portion of your savings or retirement nest egg to a cryptocurrency, forex, or binary options scam, an offer to recover your lost funds may sound very appealing. Unfortunately, for many victims of fraud, […]
FTC-PR-240227-2 (Feb. 27, 2024) FTC Action Leads to Ban for Owners of Automators AI E-Commerce Money-Making Scheme – Settlement requires scheme owners and operators to turn over millions in assets for refunds to consumers harmed by bogus earnings promises The owners of a money-making scheme that claimed to use artificial intelligence to boost earnings for […]
FTC-PR-240226-2 (Feb. 26, 2024) FTC Action Leads to Ban for Company and Its Owner Who Failed to Ship PPE ‘Next Day’ at Height of Pandemic – Proposed court order would ban Kevin Lipsitz and SuperGoodDeals from selling protective equipment, requires Lipsitz to turn over more than $145,000 As a result of a Federal Trade Commission […]
FTC-PR-240226-1 (Feb. 26, 2024) FTC Challenges Kroger’s Acquisition of Albertsons – Largest supermarket merger in U.S. history will eliminate competition and raise grocery prices for millions of Americans, while harming tens of thousands of workers, FTC alleges The Federal Trade Commission today sued to block the largest proposed supermarket merger in U.S. history—Kroger Company’s $24.6 […]