(WASHINGTON) -- The Federal Trade Commission is proposing a new rule that seeks to eliminate junk fees -- those hidden costs that can unexpectedly push up prices consumers pay at checkout.The proposed rule would apply to many industries across the economy, including event tickets,... Read More.
(NEW YORK) -- The Federal Trade Commission and 17 state attorneys general filed a lawsuit against Amazon on Tuesday, accusing the company of illegally maintaining its monopoly power "to inflate prices, degrade quality, and stifle innovation for consumers and businesses."The major tech firm allegedly... Read More.
(WASHINGTON) -- The U.S. Food and Drug Administration and the Federal Trade Commission have jointly issued warning letters to six companies that they say illegally sold copycat food products that look like regular candies and snack foods, but contain edible Delta-8 tetrahydrocannabinol, or THC."These... Read More.
(WASHINGTON) -- The Federal Trade Commission sued Amazon on Wednesday for allegedly using deceitful tactics in a years-long effort to trick millions of customers into enrolling in its Prime subscription service, the agency said.The company also made it more complicated for customers to cancel their... Read More.
(NEW YORK) -- Ring security cameras, the inexpensive security cameras that people can hook up in their houses or on their doors, were not fully secure for years, according to the Federal Trade Commission.The video doorbell company allegedly "gave every employee ... full access to... Read More.
(WASHINGTON) -- The Federal Trade Commission is investigating infant formula makers, including Abbott Laboratories, to determine whether the companies colluded as they bid to secure profitable state contracts, according to a filing by the agency.The agency is looking into whether companies "engaged in collusion or... Read More.
(NEW YORK) -- Abbott is being investigated by the Securities and Exchange Commission, as well as the Federal Trade Commission, in relation to their infant formula business, the company disclosed in a new SEC filing.Abbott said in a filing Friday that they received a... Read More.
(NEW YORK) -- Romance scammers raked in big bucks in 2022, deceiving almost 70,000 people out of $1.3 billion, according to a new report from the Federal Trade Commission.According to the FBI, romance scammers create an online identity to gain a person's trust and... Read More.
(NEW YORK) -- Epic Games, the creator of Fortnite, agreed to pay about $520 million over allegations that it violated children's privacy laws and used misleading gaming features that tricked customers into shelling out millions of dollars, the Federal Trade Commission said on Monday.The... Read More.