Federal Trade Commission Press Releases - EIN Presswire - Press Release Distribution Service

Published on December 1, 2023 - 00:18 GMT

FTC Testifies Before House Judiciary Subcommittee on Responsiveness and Accountability to Oversight

The Federal Trade Commission today testified before the House Judiciary Subcommittee on Responsiveness and Accountability to Oversight and updated the panel on the responses the FTC has provided to the subcommittee since the beginning of the 118th Congress …

Distribution channels: Business & Economy

Published on November 28, 2023 - 19:27 GMT

FTC Returns More than $3 Million to Businesses that Paid for HomeAdvisor Memberships, Announces Claims Process for Additional ...

The Federal Trade Commission is sending more than $3 million in refunds to businesses that paid for memberships to HomeAdvisor, Inc., a company affiliated with Angi (formerly known as Angie’s List). The agency is also sending claim forms to businesses that …

Distribution channels: Business & Economy

Published on November 27, 2023 - 19:24 GMT

FTC Approves Modifications to Horseracing Integrity and Safety Authority’s Anti-Doping and Medication Control Rule

The Federal Trade Commission has issued an Order approving a modification to the Anti-Doping and Medication Control rules proposed by the Horseracing Integrity and Safety Authority. The rule modification, which adds iron dextran to the list of prohibited …

Distribution channels: Business & Economy

Published on November 21, 2023 - 22:40 GMT

FTC Authorizes Compulsory Process for AI-related Products and Services

The Federal Trade Commission has approved an omnibus resolution authorizing the use of compulsory process in nonpublic investigations involving products and services that use or claim to be produced using artificial intelligence (AI) or claim to detect its …

Distribution channels: Business & Economy

Published on November 21, 2023 - 22:02 GMT

FTC, California Obtain Order Against DNA Testing Firm over Charges it Made a Myriad of Misrepresentations to Consumers to Entice ...

California-based CRI Genetics, LLC (CRI) will pay a $700,000 civil penalty and will be barred from a wide range of deceptive practices to settle charges from the Federal Trade Commission and the California Attorney General that the company deceived users …

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Published on November 21, 2023 - 03:26 GMT

FTC Files Amicus Brief Outlining Anticompetitive Harm Caused by Improper Orange Book Listings

The Federal Trade Commission filed an amicus brief to address the anticompetitive harm that stems from improperly listed patents in the Food and Drug Administration’s (FDA) publication of “Approved Drug Products with Therapeutic Equivalence Evaluations,” …

Distribution channels: Business & Economy

Published on November 20, 2023 - 17:14 GMT

FTC Returns Additional $857,000 To Consumers Harmed by Napleton Auto’s Junk Fees and Discriminatory Practices

The Federal Trade Commission is sending a second round of payments totaling more than $857,000 to consumers who were harmed by Illinois-based Napleton Automotive Group’s junk fees and discriminatory practices. The agency is sending 37,034 checks in this …

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Published on November 17, 2023 - 17:09 GMT

FTC Sues to Block John Muir Health’s Takeover of San Ramon Regional Medical Center

The Federal Trade Commission today sued to block John Muir Health’s proposed $142.5 million deal to acquire sole ownership of San Ramon Regional Medical Center, LLC from current majority owner Tenet Healthcare Corporation, saying the deal will drive up …

Distribution channels: Business & Economy

Published on November 16, 2023 - 21:45 GMT

FTC Announces Exploratory Challenge to Prevent the Harms of AI-enabled Voice Cloning

The Federal Trade Commission is announcing the Voice Cloning Challenge to help promote the development of ideas to protect consumers from the misuse of artificial intelligence-enabled voice cloning for fraud and other harms. "We will use every tool to …

Distribution channels: Business & Economy

Published on November 16, 2023 - 21:45 GMT

FTC Provides Annual Letter on Debt Collection Activities

The Federal Trade Commission has provided the Consumer Financial Protection Bureau (CFPB) with its annual summary of activities to protect consumers in the debt collection arena. The summary is used by CFPB in its annual report to Congress, released today …

Distribution channels: Business & Economy

Published on November 16, 2023 - 21:43 GMT

FTC Issues Agency Financial Report for Fiscal Year 2023

The Federal Trade Commission issued its Fiscal Year 2023 Agency Financial Report. The report highlights the FTC’s accomplishments in protecting consumers and promoting competition and reaffirms the agency’s commitment to responsible stewardship of …

Distribution channels: Business & Economy

Published on November 16, 2023 - 16:54 GMT

FTC Takes Action Against Global Tel*Link Corp. for Failing to Adequately Secure Data, Notify Consumers After Their Personal Data ...

The Federal Trade Commission will require prison communications provider Global Tel*Link Corp. and two of its subsidiaries to notify consumers of any future data breaches as part of a proposed settlement over charges they failed to secure sensitive data of …

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Published on November 15, 2023 - 21:27 GMT

FTC Obtains Orders Halting Mobile Cramming Scheme

The Federal Trade Commission has obtained orders with the four remaining individual defendants and their affiliated companies in a mobile cramming scheme that the agency says bilked consumers out of more than $100 million through bogus charges added to …

Distribution channels: Business & Economy

Published on November 15, 2023 - 16:39 GMT

FTC Warns Two Trade Associations and a Dozen Influencers About Social Media Posts Promoting Consumption of Aspartame or Sugar

Federal Trade Commission staff have sent warning letters to two trade associations and 12 registered dieticians and other online health influencers warning them about the lack of adequate disclosures in their Instagram and TikTok posts promoting the safety …

Distribution channels: Business & Economy

Published on November 9, 2023 - 20:51 GMT

FTC Announces Tentative Agenda for November Open Meeting

Today, Federal Trade Commission Chair Lina M. Khan announced that an open meeting of the Commission will be held virtually on Thursday, November 16, 2023. The open meeting will commence at 11 a.m. ET and will begin with time for members of the public to …

Distribution channels: Business & Economy

Published on November 9, 2023 - 20:21 GMT

FTC Publishes Proposed 2024 Budget for Horseracing Integrity and Safety Authority

The Federal Trade Commission has voted to publish in the Federal Register the Horseracing Integrity and Safety Authority’s proposed 2024 budget as submitted to the Commission. The FTC’s rule regarding oversight of the Authority’s budget process requires …

Distribution channels: Business & Economy

Published on November 8, 2023 - 20:35 GMT

FTC, DOJ Meet with G7 Enforcement Partners to Discuss Competition in Digital Markets

The Federal Trade Commission and Justice Department’s Antitrust Division participated in the G7 Competition Authorities and Policymakers’ Summit today to discuss how members are addressing competition concerns in digital markets, including in emerging …

Distribution channels: Business & Economy

Published on November 8, 2023 - 20:05 GMT

FTC Adds Support for Consumers in Multiple Languages for Fraud and ID Theft Reporting; Offers Multi-lingual Resources on How to ...

As part of its ongoing efforts to combat scammers and protect consumers in every community, the Federal Trade Commission is now providing the ability to report fraud, scams and deceptive practices in multiple languages in addition to English and Spanish. …

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Published on November 8, 2023 - 00:48 GMT

In Comment Submitted to U.S. Copyright Office, FTC Raises AI-related Competition and Consumer Protection Issues, Stressing That ...

In a comment submitted to the U.S. Copyright Office, the Federal Trade Commission identifies several issues raised by the development and deployment of Artificial Intelligence (AI) that implicate competition and consumer protection policy, noting the …

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Published on November 7, 2023 - 20:21 GMT

FTC Challenges More Than 100 Patents as Improperly Listed in the FDA’s Orange Book

Today, the Federal Trade Commission (FTC) challenged more than 100 patents held by manufacturers of brand-name asthma inhalers, epinephrine autoinjectors, and other drug products as improperly or inaccurately listed in the Food and Drug Administration’s ( …

Distribution channels: Business & Economy