The Federal Trade Commission has proposed a new rule that bans the use of noncompete agreements, calling them an exploitative practice that suppresses wages and hampers innovation.
The company is refunding $245 million to customers who made unwanted purchases because of poor game design, and is paying a $275 million fine for collecting personal data from kids without consent.
The Federal Trade Commission says Walmart didn't properly train its employees and used procedures that allowed fraudsters to cash out at its stores, stealing hundreds of millions of dollars.
In a court filing, the agency says that ads claimed TurboTax was "Free Guaranteed," but many people end up paying for the software to file their taxes. Intuit disputed the allegation.
The judge had previously tossed the FTC's first attempt at attacking Facebook's alleged monopoly power for lack of evidence. This time, the judge said the FTC "has done its homework."
In a new executive order, President Biden aims to kickstart competition for consumers, workers and farmers in ways both big and small, starting with a list of 72 initiatives.
The decision is a blow to the Federal Trade Commission and 48 state attorneys general, who were pushing for the federal court to break up the social media giant.
The Federal Trade Commission gave nine social media and tech companies 45 days to hand over details on how they collect user data. It is the latest move by government actors to regulate Big Tech.
The state and federal officials say Facebook's acquisitions of WhatsApp and Instagram violated competition laws and served to stifle rivals by giving the social network an unfair advantage.
The Federal Trade Commission issued warning letters to several companies that marketed an unproven drug to treat COVID-19. Sales of the nonapproved drug, thymosin alpha-1, were first reported by NPR.
An NPR investigation revealed a network of doctors marketing a non-FDA approved drug as a purported treatment for COVID-19. Now, Rep. Raja Krishnamoorthi (D-Ill.) is calling for federal enforcement.
The German automakers have finished compensating U.S. owners as part of a settlement with the Federal Trade Commission. Most drivers chose to replace their vehicles, not repair them, the FTC says.
