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

Published on May 9, 2025 - 03:18 GMT

More than $5 Million in Refunds Sent to Consumers as a Result of the FTC’s Action Against Cerebral over Deceptive Cancellation ...

More than 40,000 people will receive a refund as a result of the Federal Trade Commission’s settlement with Cerebral, Inc, an online mental health service provider that allegedly billed consumers despite their requests to cancel their subscriptions. The …

Distribution channels:

Published on May 6, 2025 - 01:10 GMT

FTC Rule on Unfair or Deceptive Fees to Take Effect on May 12, 2025

Staff of the Federal Trade Commission published Frequently Asked Questions (FAQs) designed to provide consumers and businesses with information regarding the agency’s Rule on Unfair or Deceptive Fees, which takes effect on May 12, 2025. The Rule prohibits …

Distribution channels: Business & Economy

Published on May 5, 2025 - 20:02 GMT

FTC and DOJ Issue Letter Seeking Identification of Anticompetitive Regulations Across the Federal Government

Today, the Federal Trade Commission and the Department of Justice Antitrust Division issued a joint letter directing the heads of agencies across the federal government to create a list of anticompetitive regulations that reduce competition, …

Distribution channels: Business & Economy

Published on May 2, 2025 - 07:53 GMT

FTC, State of Nevada Take Action Against IM Mastery Academy for Deceiving Consumers

The Federal Trade Commission and the State of Nevada are taking action to stop a wide-ranging investment training and business venture scam that has bilked consumers out of more than $1.2 billion. According to the complaint filed by the FTC and the Nevada …

Distribution channels:

Published on May 2, 2025 - 07:52 GMT

FTC to Ban Debt Collector Who Allegedly Coerced Consumers into Paying Debt They Didn’t Owe

The Federal Trade Commission alleged that Global Circulation, Inc. (GCI) and its owner, Kenneth Redon III, threatened consumers with jail time, lawsuits, and wage garnishments to pressure them into paying debt they didn’t actually owe. In an amended …

Distribution channels:

Published on May 1, 2025 - 04:12 GMT

FTC Sends More Than $18 Million to Consumers Harmed by Publishers Clearing House

The Federal Trade Commission is sending more than $18 million in refunds to consumers harmed by misleading claims made by Publishers Clearing House (PCH). FTC action led to PCH agreeing to pay $18.5 million in refunds and make substantial changes to its …

Distribution channels:

Published on April 29, 2025 - 00:07 GMT

FTC Order Requires Workado to Back Up Artificial Intelligence Detection Claims

The Federal Trade Commission issued a proposed order requiring Workado, LLC to stop advertising the accuracy of its artificial intelligence (AI) detection products unless it maintains competent and reliable evidence showing those products are as accurate …

Distribution channels: Business & Economy

Published on April 22, 2025 - 16:14 GMT

FTC Approves Final Order Requiring accessiBe to pay $1 Million

The Federal Trade Commission has approved a final consent order against accessiBe Inc. and accessiBe Ltd. (accessiBe). AccessiBe claimed the plug-in accessWidget can make any website compliant with Web Content Accessibility Guidelines (WCAG). The order …

Distribution channels: Business & Economy

Published on April 21, 2025 - 18:42 GMT

FTC Takes Action Against Uber for Deceptive Billing and Cancellation Practices

The Federal Trade Commission filed a lawsuit today against Uber, alleging the rideshare and delivery company charged consumers for its Uber One subscription service without their consent, failed to deliver promised savings, and made it difficult for users …

Distribution channels: Business & Economy

Published on April 17, 2025 - 22:18 GMT

Illinois and Minnesota Join FTC Lawsuit Challenging Medical Device Coatings Deal

The Federal Trade Commission filed an amended complaint adding the states of Illinois and Minnesota as co-plaintiffs in the Commission’s lawsuit challenging GTCR BC Holdings, LLC’s (GTCR) acquisition of Surmodics, Inc. (Surmodics). The amended complaint …

Distribution channels: Business & Economy

Published on April 16, 2025 - 22:22 GMT

New FTC Data Show Top Text Message Scams of 2024; Overall Losses to Text Scams Hit $470 Million

New data from the Federal Trade Commission show that in 2024, consumers reported losing $470 million to scams that started with text messages. This amount is five times higher than what was reported in 2020, even though the number of reports declined. The …

Distribution channels: Business & Economy

Published on April 16, 2025 - 22:22 GMT

FTC Reschedules its Attention Economy Workshop for June 4

Due to increased interest, the Federal Trade Commission has rescheduled its workshop entitled "The Attention Economy: How Big Tech Firms Exploit Children and Hurt Families" for June 4, 2025, which will be held both in-person and virtually. The …

Distribution channels: Business & Economy

Published on April 14, 2025 - 23:54 GMT

FTC Launches Public Inquiry into Anti-Competitive Regulations

Today, the Federal Trade Commission launched a public inquiry into the impact of federal regulations on competition, with the goal of identifying and reducing anticompetitive regulatory barriers. The FTC launched this inquiry in response to President Trump …

Distribution channels: Business & Economy

Published on April 11, 2025 - 22:27 GMT

FTC Seeks Public Comment on Petition to Modify Exxon-Pioneer Final Order

The Federal Trade Commission seeks public comment on a petition filed by Scott Sheffield, the founder and former CEO of Pioneer Natural Resources, requesting that the Commission reopen and set aside a final consent order involving Exxon Mobil Corporation’s …

Distribution channels: Business & Economy

Published on April 11, 2025 - 22:27 GMT

FTC Seeks Public Comment on Petition to Modify Chevron-Hess Final Order

The Federal Trade Commission is seeking public comment on a petition filed by Chevron Corporation and Hess Corporation requesting that the Commission reopen and set aside a final consent order involving Chevron’s acquisition of Hess. The companies filed a …

Distribution channels: Business & Economy

Published on April 10, 2025 - 21:23 GMT

FTC Chairman Ferguson Congratulates Mark Meador on Confirmation as FTC Commissioner

Federal Trade Commission Chairman Andrew N. Ferguson today congratulated Mark R. Meador on his confirmation to serve as an FTC Commissioner. “I am thrilled to welcome Mark to the Commission,” Chairman Ferguson said. “Mark is a brilliant antitrust lawyer …

Distribution channels: Business & Economy

Published on April 9, 2025 - 00:04 GMT

FTC Approves Modification of Enbridge Inc. Final Order

The Federal Trade Commission approved a petition by Enbridge Inc. to reopen and set aside the Commission’s 2017 final consent order related to Enbridge’s merger with Spectra Energy Corp. The FTC determined that the requirements of the final consent order …

Distribution channels: Business & Economy

Published on April 5, 2025 - 02:16 GMT

FTC Highlights Actions to Protect Consumers from Impersonation Scams

The Federal Trade Commission today highlighted actions taken to protect consumers from impersonations scams since the Government and Business Impersonation Rule took effect in April 2024. Scams impersonating businesses and government are consistently among …

Distribution channels:

Published on April 2, 2025 - 18:13 GMT

FTC Requests Public Comment on EnCap, Verdun, XCL Petition to Modify Order

The Federal Trade Commission is seeking public comment on a petition to reopen and modify a 2022 final consent order involving Verdun Oil Company II LLC’s (Verdun) acquisition of EP Energy LLC (EP). The FTC’s 2022 order settled charges that the acquisition …

Distribution channels: Business & Economy

Published on April 1, 2025 - 23:47 GMT

FTC Warns Operators of Websites that Charge for an Employer Identification Number and Claim Affiliation with the IRS

Federal Trade Commission staff sent letters to operators of websites that sell Employer Identification Number (EIN) filing and delivery services warning that some of their practices may violate the FTC Act and the Impersonation Rule, which prohibit posing …

Distribution channels: Business & Economy