FTC-PR-240125-2 (Jan. 25, 2024) FTC Sues to Block Novant Health’s Acquisition of Two Hospitals from Community Health Systems – Proposed acquisition would eliminate competition, increase health care costs in North Carolina’s Eastern Lake Norman Area The Federal Trade Commission today sued to block Novant Health, Inc.’s $320 million acquisition of two North Carolina hospitals from […]
Category: FTC
Federal Trade Commission (FTC) (Contact) (Privacy) (Report Fraud) (Press Releases) (Consumer Alerts) (Federal Register)
The FTC is a federal agency in the United States tasked with promoting consumer protection and preventing anticompetitive business practices. Established in 1914, this agency enforces a variety of laws aimed at ensuring fair competition and protecting consumers from deceptive or unfair business practices. It investigates allegations of fraud, false advertising, and violations of consumer rights, working to maintain a competitive marketplace where businesses operate ethically and consumers are informed and protected. The Federal Trade Commission also provides guidance on consumer protection issues, conducts research into industry practices, and educates the public about their rights under federal law. Through its enforcement actions and policy initiatives, the FTC plays a crucial role in safeguarding consumer interests and promoting economic competition across industries.
FTC-PR-240125-1 (Jan. 25, 2024) FTC Launches Inquiry into Generative AI Investments and Partnerships – Agency Issues 6(b) Orders to Alphabet, Inc., Amazon.com, Inc., Anthropic PBC, Microsoft Corp., and OpenAI, Inc. The Federal Trade Commission announced today that it issued orders to five companies requiring them to provide information regarding recent investments and partnerships involving generative […]
FTC-PR-240124-1 (Jan. 24, 2025) FTC Acts to Stop FloatMe’s Deceptive ‘Free Money’ Promises, Discriminatory Cash Advance Practices, and Baseless Claims around Algorithmic Underwriting – Order requires FloatMe to provide $3 million for refunds, clean up advertising, halt use of dark patterns to impede cancellation, and institute a fair lending program The Federal Trade Commission is […]
FTC-PR-240123-2 Jan. 23, 2024 Statement on Second Circuit Order Upholding “Pharma Bro” Martin Shkreli’s Lifetime Ban Today, the United States Court of Appeals for the Second Circuit affirmed a district court ruling which ordered “Pharma Bro” Martin Shkreli to face a lifetime ban from participating in the pharmaceutical industry and found Shkreli liable for $64.6 […]
FTC-PR-240123-1 FTC Finalizes Order Requiring Old Southern Brass to Stop False Made In USA and Veteran Affiliation Claims Following a public comment period, the Federal Trade Commission finalized a consent order (PDF) settling charges that Florida-based EXOTOUSA LLC, (doing business as Old Southern Brass) falsely claimed that certain company products were manufactured in the U.S, and […]
FTC-PR-240122-3 (Jan. 22, 2024) FTC Announces 2024 Update of Size of Transaction Thresholds for Premerger Notification Filings The Federal Trade Commission has approved revised jurisdictional thresholds and a revised filing fee schedule under the Hart‑Scott‑Rodino (HSR) Antitrust Improvements Act of 1976. Section 7A(a)(2) of the Act requires the Commission to revise the jurisdictional thresholds annually, […]
FTC-PR-240122-2 (Jan. 22, 2024) Statement from Samuel Levine, Director of FTC Bureau of Consumer Protection, Regarding the Commission’s Order and Opinion in the Intuit TurboTax Case Following is a statement from Samuel Levine, Director of the Federal Trade Commission’s Bureau of Consumer Protection, regarding the Commission’s opinion (PDF) and order (PDF) in the case against Intuit […]
FTC-PR-240122-1 (Jan. 22, 2024) FTC Issues Opinion Finding that TurboTax Maker Intuit Inc. Engaged in Deceptive Practices – Commission order prohibits Intuit from claiming a product or service is free unless it’s free for all or must disclose detail about who qualifies The Federal Trade Commission has issued an Opinion and Final Order that Intuit […]
FTC-PR-240118-2 (Jan. 18, 2024) FTC Pauses CARS Rule Effective Date – Decision protects law-abiding dealers from uncertainty created by inaccurate claims that rule requires overhaul by honest dealers The Federal Trade Commission has issued an order (PDF) postponing the effective date of the Combatting Auto Retail Scams (CARS) Rule while a legal challenge against the rule […]
FTC-PR-240118-1 (Jan. 18, 2024) FTC Order Will Ban InMarket from Selling Precise Consumer Location Data – Proposed settlement is FTC’s second in recent weeks aimed at limiting the collection, use, and sale of consumers’ location data Data aggregator InMarket Media will be prohibited from selling or licensing any precise location data to settle Federal Trade […]