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

Published on March 3, 2023 - 00:05 GMT

FTC to Ban BetterHelp from Revealing Consumers’ Data, Including Sensitive Mental Health Information, to Facebook and Others for ...

The Federal Trade Commission has issued a proposed order banning online counseling service BetterHelp, Inc. from sharing consumers’ health data, including sensitive information about mental health challenges, for advertising. The proposed order also …

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Published on March 1, 2023 - 05:27 GMT

FTC and CFPB Seek Public Comment on How Background Screening May Shut Renters out of Housing

The Federal Trade Commission and the Consumer Financial Protection Bureau (CFPB) are requesting comment on background screening issues affecting individuals who seek rental housing in the United States, including how the use of criminal and eviction …

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Published on February 25, 2023 - 03:04 GMT

FTC Approves Final Orders Requiring Two Glass Container Manufacturers to Drop Noncompete Restrictions That They Imposed on ...

Following a public comment period, the Federal Trade Commission finalized consent orders settling charges that two glass container manufacturers, O-I Glass, Inc. and Ardagh Group S.A. illegally imposed noncompete restrictions on workers across a variety of …

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Published on February 24, 2023 - 08:22 GMT

New FTC Data Show Consumers Reported Losing Nearly $8.8 Billion to Scams in 2022

Newly released Federal Trade Commission data shows that consumers reported losing nearly $8.8 billion to fraud in 2022, an increase of more than 30 percent over the previous year. Consumers reported losing more money to investment scams—more than $3.8 …

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Published on February 22, 2023 - 21:34 GMT

FTC and Justice Department Host Asia-Pacific Economic Cooperation Workshop on Competition Advocacy

The Federal Trade Commission and the Justice Department (DOJ) today launched a two-day joint workshop as part of this year’s first Asia-Pacific Economic Cooperation’s (APEC) Senior Officials Meeting, which the United States is hosting in Palm Springs, …

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Published on February 22, 2023 - 01:31 GMT

FTC Sends Cease and Desist Letters to Prescribers Regarding Potential Violations of the Commission’s Contact Lens Rule

Federal Trade Commission staff sent 24 cease and desist letters to eye care prescribers after receiving complaints claiming that the prescribers failed to comply with the Contact Lens Rule. Some letters also cited potential violations of the Ophthalmic …

Distribution channels: Business & Economy

Published on February 17, 2023 - 16:14 GMT

FTC Charges Supplement Marketer with Hijacking Ratings and Reviews on Amazon.com and Using Them to Deceive Consumers

The Federal Trade Commission took action today against a marketer of vitamins and other supplements called The Bountiful Company (Bountiful) for abusing a feature of Amazon.com to deceive consumers into thinking that its newly introduced supplements had …

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Published on February 17, 2023 - 16:14 GMT

FTC Sues to Stop Interconnected Web of VoIP Service Providers Carrying Robocalls Pitching Phony Debt Relief Services

The Federal Trade Commission sued to stop an interconnected web of operations responsible for delivering tens of millions of unwanted Voice Over Internet Protocol (VoIP) and ringless voicemail (RVM) phony debt service robocalls to consumers nationwide. The …

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Published on February 17, 2023 - 16:11 GMT

FTC Launches New Office of Technology to Bolster Agency’s Work

The Federal Trade Commission today launched a new Office of Technology that will strengthen the FTC’s ability to keep pace with technological challenges in the digital marketplace by supporting the agency’s law enforcement and policy work. “For more than …

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Published on February 17, 2023 - 01:46 GMT

Statement of Elizabeth Wilkins, Director of the FTC’s Office of Policy Planning, on the Decision of SUNY Upstate Medical ...

The Director of the Federal Trade Commission’s Office of Policy Planning, Elizabeth Wilkins, issued the following statement in response to the decision by the State University of New York Upstate Medical University and Crouse Health System, Inc. to abandon …

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Published on February 16, 2023 - 04:43 GMT

FTC to Host Forum on February 16 Examining Its Proposed Rule to Ban Noncompete Restrictions

Our mission is protecting consumers and competition by preventing anticompetitive, deceptive, and unfair business practices through law enforcement, advocacy, and education without unduly burdening legitimate business activity. Learn more about the FTC

Distribution channels: Business & Economy

Published on February 15, 2023 - 06:19 GMT

Statement of FTC Chair Lina M. Khan, Commissioner Rebecca K. Slaughter, and Commissioner Alvaro Bedoya on the Resignation of ...

Our mission is protecting consumers and competition by preventing anticompetitive, deceptive, and unfair business practices through law enforcement, advocacy, and education without unduly burdening legitimate business activity. Learn more about the FTC

Distribution channels: Business & Economy

Published on February 15, 2023 - 06:19 GMT

FTC Releases Final Agenda for Feb. 16 Public Forum on Its Proposed Rule to Ban Noncompete Restrictions

The Federal Trade Commission released the final agenda for the agency’s February 16 forum examining the FTC’s proposed rule to prohibit employers from imposing harmful noncompete restrictions on their workers. The event will feature speakers who have been …

Distribution channels: Business & Economy

Published on February 13, 2023 - 23:41 GMT

Statement of FTC Chair Lina M. Khan on the Renomination of Commissioner Rebecca Kelly Slaughter

Federal Trade Commission Chair Lina M. Khan issued the following statement regarding the White House renomination of Rebecca Kelly Slaughter to serve as an FTC Commissioner: "Many congratulations to Commissioner Slaughter on her renomination. She is …

Distribution channels: Business & Economy

Published on February 11, 2023 - 07:14 GMT

More than $115 Million in Refunds Sent to Consumers as a Result of FTC, DOJ Charges That MoneyGram Failed to Crack Down on Scams

More than $115 million in refunds are being sent to consumers nationwide as a result of a 2018 action the Federal Trade Commission and the U.S. Department of Justice brought against MoneyGram for failing to crack down on scammers using their payment system …

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Published on February 11, 2023 - 07:14 GMT

FTC, DOJ Issue Fiscal Year 2021 Hart Scott Rodino Premerger Notification Report

The Federal Trade Commission, together with the Justice Department’s Antitrust Division, released the agencies’ 44th Annual Hart-Scott-Rodino Report. The report presents fiscal year 2021 data on the HSR Premerger Notification Program that alerts the …

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Published on February 10, 2023 - 18:50 GMT

FTC Approves Final Orders against Google and iHeartMedia for Deceptive On-Air Endorsements for Google’s Pixel 4 Phone

Following a public comment period, the Federal Trade Commission has finalized consent orders against Google LLC and iHeartMedia, Inc. settling allegations that they produced and aired nearly 29,000 deceptive first-person endorsements by radio personalities …

Distribution channels: Business & Economy

Published on February 10, 2023 - 03:57 GMT

FTC Staff Provides Annual Letter to CFPB On 2022 Equal Credit Opportunity Act Activities

The staff of the Federal Trade Commission has provided the Consumer Financial Protection Bureau (CFPB) an annual summary of its activities enforcing the Equal Credit Opportunity Act (ECOA). The FTC is responsible for ECOA enforcement and education …

Distribution channels: Business & Economy

Published on February 8, 2023 - 22:04 GMT

New FTC Data Reveals Top Lies Told by Romance Scammers

New data released today by the Federal Trade Commission sheds new light on the lies that romance scammers use to take advantage of people—lies that reports to the FTC show cost nearly 70,000 consumers $1.3 billion in 2022. Using data from the FTC’s …

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Published on February 7, 2023 - 02:40 GMT

FTC Order to Bar ZyCal Bioceuticals from Deceptive Health Marketing

The Federal Trade Commission today announced an order settling a 2020 federal lawsuit against defendants ZyCal Bioceuticals Healthcare Company, Inc. (ZyCal) and its president James J. Scaffidi, which charged them with deceptively claiming that their …

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