News and Events - Federal Trade Commission
October 23, 2024 | 12:00PM - 1:00PM. The holiday shopping season is just around the corner, and scammers will be shopping, too: looking for people to separate from their money. Join the Federal Trade Commission (FTC) and the Association... Learn about the latest FTC cases and other developments from our news releases, blogs, and events.
Press Releases - Federal Trade Commission
Date. October 3, 2024. The Federal Trade Commission is sending more than $1.1 million in refunds to consumers who were misled by deceptive bait-and-switch advertising by LCA-Vision, the nation’s largest LASIK surgery... Press Release.
FTC Announces Rule Banning Noncompetes - Federal Trade …
Apr 23, 2024 · The FTC estimates that the final rule banning noncompetes will lead to new business formation growing by 2.7% per year, resulting in more than 8,500 additional new businesses created each year. The final rule is expected to result in higher earnings for workers, with estimated earnings increasing for the average worker by an additional $524 per ...
As Nationwide Fraud Losses Top $10 Billion in 2023, FTC Steps Up ...
While the FTC does not intervene in individual complaints, Sentinel reports are a vital part of the agency’s law enforcement mission and also help the FTC to warn consumers and identify fraud trends it is seeing in the data. A full breakdown of reports received in 2023 is now available on the FTC’s data analysis site at ftc.gov/exploredata ...
News - Federal Trade Commission
Stay up to date on the latest FTC news and developments. Check out our news releases announcing agency law enforcement actions, events, and timely research and advice on important issues facing consumers. You can also explore the views of the FTC Chair and Commissioners by reading their latest public remarks and keep track of the commission’s ...
FTC Proposes New Protections to Combat AI Impersonation of …
Feb 15, 2024 · Tech. Artificial Intelligence. The Federal Trade Commission is seeking public comment on a supplemental notice of proposed rulemaking that would prohibit the impersonation of individuals. The proposed rule changes would extend protections of the new rule on government and business impersonation that is being finalized by the Commission today.
FTC Takes Action Against Adobe and Executives for Hiding Fees ...
Jun 17, 2024 · A federal court complaint filed by the Department of Justice upon notification and referral from the FTC charges that Adobe pushed consumers toward the “annual paid monthly” subscription without adequately disclosing that cancelling the plan in the first year could cost hundreds of dollars. Wadhwani is the president of Adobe’s digital ...
FTC Sues Amazon for Illegally Maintaining Monopoly Power
Sep 26, 2023 · The Federal Trade Commission and 17 state attorneys general today sued Amazon.com, Inc. alleging that the online retail and technology company is a monopolist that uses a set of interlocking anticompetitive and unfair strategies to illegally maintain its monopoly power. The FTC and its state partners say Amazon’s actions allow it to stop ...
FTC Issues Orders to Social Media and Video Streaming Platforms ...
Mar 16, 2023 · The orders were sent using the FTC’s 6(b) authority, which authorizes the Commission to conduct wide-ranging studies that do not have a specific law enforcement purpose. The Commission voted 4 -0 during an open meeting to issue the 6(b) orders to the eight social media and video service services.
Commission Actions | Federal Trade Commission
FTC Takes Action Against Phantom Debt Collector That Collected Millions In Bogus Debt From Consumers. Date. November 4, 2024. The Federal Trade Commission is taking action against a Georgia-based debt collector that tricked consumers into paying more than $7.6 million in bogus debt by threatening them with jail time... Press Release.