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News Articles: FTC

The Federal Trade Commission said it is suing to block Microsoft's planned $69 billion takeover of video game company Activision Blizzard, saying it could suppress competitors to Microsoft's Xbox game consoles and its growing games subscription business.

Tagged as: 

  • Business

FTC sues to block the $69 billion Microsoft-Activision Blizzard merger

The Federal Trade Commission said Microsoft's planned takeover of the video game company could suppress competitors to Microsoft's Xbox game consoles and its growing games subscription business.

December 08, 2022
|
By:
  • The Associated Press

Tagged as: 

  • Economy

Inside the rise of 'stealerships' and the shady economics of car buying

Car dealerships deploy tricks and traps to make as much money as they can from you. Here's what I learned when trying to buy a new car.

August 30, 2022
|
By:
  • Greg Rosalsky
Federal regulators on Wednesday announced a settlement with Twitter over the use of user privacy.

Tagged as: 

  • Technology

Twitter will pay a $150 million fine over accusations it improperly sold user data

Federal regulators accuse the company of violating a 2011 agreement over the treatment of users' personal data, including phone numbers and email addresses.

May 26, 2022
|
By:
  • Bobby Allyn
Intuit's 2018 homepage for TurboTax failed to adequately disclose the limits of the "free" offer, the Federal Trade Commission says.

Tagged as: 

  • Your Money

Federal Trade Commission accuses Intuit of deceptively advertising TurboTax as free

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.

March 29, 2022
|
By:
  • Laurel Wamsley
A federal judge on Tuesday allowed an antitrust lawsuit filed by the Federal Trade Commission to proceed, coming after the agency's first complaint was dismissed.

Tagged as: 

  • Technology

Judge allows Federal Trade Commission's latest suit against Facebook to move forward

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."

January 11, 2022
|
By:
  • Bobby Allyn
In this file photo, Nvidia CEO Jensen Huang delivers a speech about AI and gaming.

Tagged as: 

  • Technology

FTC sues to block big semiconductor chip industry merger between Nvidia and Arm

The regulator says the deal would give the combined company too much power, hurt competition and raise prices for consumers. It comes as a global shortage of chips wreaks havoc on the economy.

December 02, 2021
|
By:
  • Bobby Allyn
Facebook asked a federal judge on Monday to dismiss the FTC's lawsuit alleging the company bought Instagram and WhatsApp to stifle competition in the social networking market.

Tagged as: 

  • Technology

Facebook asks court to toss FTC lawsuit over its buys of Instagram and WhatsApp

The social network says the Federal Trade Commission's complaint is "without legal or factual support." The agency alleges Facebook buys promising rivals to stifle competition.

October 04, 2021
|
By:
  • Shannon Bond
The Federal Trade Commission has accused Facebook of stifling competition when it bought Instagram and WhatsApp and cut off other would-be rivals from its data.

Tagged as: 

  • Technology

Federal Trade Commission Refiles Suit Accusing Facebook Of Illegal Monopoly

The regulator is taking another swing at Facebook after a judge tossed out its initial effort in June. It accused the social media giant of illegally maintaining a monopoly.

August 19, 2021
|
By:
  • Shannon Bond
Federal Trade Commission chair Lina Khan is one of the most prominent progressive voices calling for more aggressive curbs on the dominance of big companies.

Tagged as: 

  • Technology

New FTC Chair Lina Khan Wants To Redefine Monopoly Power For The Age Of Big Tech

The new Federal Trade Commission chair's first big challenge will be rewriting a lawsuit against Facebook that a federal court tossed out earlier this week.

July 01, 2021
|
By:
  • Shannon Bond
Facebook CEO Mark Zuckerberg testifies remotely during a Senate Commerce, Science, and Transportation Committee hearing on October 28, 2020.

Tagged as: 

  • Technology

Facebook Gets Reprieve As Court Throws Out Major Antitrust Complaints

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.

June 29, 2021
|
By:
  • Shannon Bond
Lina Khan, here at her home in Larchmont, N.Y., in 2017, has been nominated to the Federal Trade Commission.

Tagged as: 

  • Technology

Big Tech Showdown Looms As Biden Taps Top Critics Lina Khan, Tim Wu

Federal Trade Commission nominee Lina Khan and presidential adviser Tim Wu have advocated for new rules to curb the power of the tech giants.

March 22, 2021
|
By:
  • Alina Selyukh and
  • Shannon Bond
Facebook CEO Mark Zuckerberg testifies before the House Financial Services Committee in 2019. His company has been hit with twin lawsuits alleging it abused its power in order to crush rivals.

Tagged as: 

  • Technology

'The Wrath Of Mark': 4 Takeaways From The Government's Case Against Facebook

Twin complaints from the Federal Trade Commission and 48 attorneys general paint a portrait of a company protecting its power at all costs.

December 11, 2020
|
By:
  • Shannon Bond
An NPR investigation has identified more than 30 medical practices in more than a dozen states promoting unproven claims that the drug thymosin alpha-1, which is administered via injection, can prevent or treat COVID-19.

Tagged as: 

  • Investigations

Web Of 'Wellness' Doctors Promote Injections Of Unproven Coronavirus Treatment

An NPR investigation has identified a web of more than 30 medical practices and compounding pharmacies in over a dozen states that have made claims about thymosin alpha-1 online and on social media.

October 01, 2020
|
By:
  • Tom Dreisbach
Beware of scammers. Legitimate contact tracers will never ask you for any sort of payment or seek other financial information or your Social Security number.

Tagged as: 

  • Health

How To Tell A Real COVID-19 Contact Tracer's Call From A Scammer's

A loved one's health could depend on the truth if you get a call from a real contact tracer about your exposure to the coronavirus. But beware impostors who ask you for payment or to click on a link.

August 20, 2020
|
By:
  • Julie Appleby
Amazon has called safety a "top priority" for the company. But NPR has found more than 100 dietary supplements sold on Amazon that appear to be illegally marketed as antiviral treatments.

Tagged as: 

  • Investigations

On Amazon, Dubious 'Antiviral' Supplements Proliferate Amid Pandemic

Federal law generally prohibits dietary supplements from claiming to treat specific diseases or viruses. Yet NPR found more than 100 products sold on Amazon that make unsubstantiated antiviral claims.

July 27, 2020
|
By:
  • Tom Dreisbach
  • Load More

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