The agency says the purchase would weaken competition. The Federal Trade Commission (FTC) filed a lawsuit on Wednesday against Meta, the parent company of Facebook, alleging the company’s…
Read MoreFederal Trade Commission
FTC Proposes Anti-Scam Car Resale Rules
Could ban bait-and-switch advertising and junk fees. The Federal Trade Commission (FTC) has proposed rules to improve consumers’ used-car-buying experience. Though the FTC has been enforcing its current…
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FTC to Investigate Pharmacy Benefit Managers
FTC chair says powerful middlemen have enormous influence. The Federal Trade Commission is launching an inquiry into the operations of pharmacy benefit managers (PBMs) who control access to…
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Senate Commerce Committee Approves FCC, FTC Nominees
Narrow vote finally moves delayed process forward. Last week, the Senate Commerce Committee approved President Biden’s nominations for the Federal Communications Commission (FCC) and Federal Trade Commission (FTC)…
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Senator Lujan Recovering from Stroke
Evenly divided Senate delays some business until his return. Senator Ben Ray Luján of New Mexico suffered a stroke a week ago and subsequently underwent surgery to ease…
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FTC Examining Facebook Documents
Seeking to determine if Facebook violated settlement. The Federal Trade Commission (FTC) announced on Wednesday that it was looking into documents disclosed by Facebook to determine if the…
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President Issues Order to Promote Competition
He lays out 72 initiatives to be carried out by a dozen agencies. The White House announced that President Joe Biden is signing a sweeping executive order designed…
Read MoreLina Khan Confirmed to FTC by Senate
President Biden names her Chair of the commission afterward. On Tuesday, the U.S. Senate confirmed President Biden’s nominee Lina Khan as commissioner of the Federal Trade Commission by…
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Supreme Court Restricts FTC’s Power
Unanimous decision says FTC cannot force companies to pay restitution. The Supreme Court issued its decision in the case of AMG Capital Management, LLC v. the Federal Trade…
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Supreme Court Hears Unfair Lending Case
Court to clarify monetary restitution under the Federal Trade Commission Act. The Supreme Court heard oral arguments in the case of AMG Capital Management, LLC v. Federal Trade…
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