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

Published on December 31, 2024 - 03:19 GMT

FTC Refers Case Against Online Cash Advance Firm Dave Inc. to Department of Justice

The Federal Trade Commission has referred its federal court case against online cash advance firm Dave Inc. to the U.S. Department of Justice (DOJ) which has filed an amended complaint in the case that names Dave CEO Jason Wilk as a defendant and seeks …

Distribution channels: Business & Economy

Published on December 27, 2024 - 20:49 GMT

FTC, Maryland Attorney General Act to Stop Lindsay Auto from Falsely Touting Low Prices and Overcharging Consumers for Unwanted ...

The Federal Trade Commission and Maryland Attorney General have charged Lindsay Automotive Group with systematically deceiving and overcharging car-buying consumers for years, costing them millions of dollars in junk fees and unwanted add-on products. The …

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Published on December 26, 2024 - 19:43 GMT

FTC Approves Modifications to Horseracing Integrity and Safety Authority’s Assessment Methodology Rule

The Federal Trade Commission has issued an order approving a proposed modification from the Horseracing Integrity and Safety Authority to its Assessment Methodology Rule. The modification includes changes to the methodology the Authority uses to determine …

Distribution channels: Business & Economy

Published on December 21, 2024 - 00:48 GMT

FTC Statement on Appellate Court Decision Ordering Delisting of Teva Inhaler Patents

Today, the U.S. Court of Appeals for the Federal Circuit affirmed a lower district court order against pharmaceutical maker Teva requiring the drugmaker to delist several asthma inhaler patents from the Food and Drug Administration’s (FDA) Orange Book. The …

Distribution channels: Business & Economy

Published on December 20, 2024 - 23:50 GMT

FTC to Hold Informal Hearing on Proposed Rule Amendment Banning Impersonation of Individuals

The Federal Trade Commission will hold an informal hearing on the proposal to amend its existing impersonation rule to ban the impersonation of individuals at 1:00 p.m. ET on January 17, 2025. On April 1, 2024, the FTC published a supplemental notice of …

Distribution channels: Business & Economy

Published on December 20, 2024 - 23:50 GMT

FTC, Illinois Take Action Against Leader Automotive Group for Overcharging and Deceiving Consumers Through Add-Ons, Junk Fees, ...

A group of 10 car dealerships doing business as Leader Automotive Group and their parent company, AutoCanada, will be required to pay $20 million to settle allegations they systematically defrauded consumers looking to buy vehicles as a result of a lawsuit …

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Published on December 20, 2024 - 23:50 GMT

FTC Finalizes Order with Marriott and Starwood Requiring Them to Implement a Robust Data Security Program to Address Security ...

The Federal Trade Commission finalized an order requiring Marriott International, Inc. and its subsidiary Starwood Hotels & Resorts Worldwide LLC to implement a comprehensive information security program to settle charges that the companies failed to …

Distribution channels: Business & Economy

Published on December 18, 2024 - 22:46 GMT

FTC Approves Final Order against Rytr, Seller of an AI “Testimonial & Review” Service, for Providing Subscribers with Means to ...

The Federal Trade Commission has approved a final consent order against Rytr, settling allegations that it sold an AI “Testimonial & Review” service that provided subscribers with the means of generating false and deceptive online reviews. The FTC’s …

Distribution channels: Business & Economy

Published on December 17, 2024 - 21:49 GMT

FTC Hosts Virtual Workshop on Predatory Pricing

WHAT: The Federal Trade Commission will host a virtual public workshop, Competition Snuffed Out: How Predatory Pricing Harms Competition, Consumers, and Innovation, that will examine predatory pricing and its potential effects on consumers, competition, …

Distribution channels: Business & Economy

Published on December 17, 2024 - 21:09 GMT

FTC, Illinois Attorney General Take Action Against Grubhub for Harming Diners, Workers, and Small Businesses

Grubhub will pay $25 million to settle charges from the Federal Trade Commission and the Illinois Attorney General that the food delivery firm engaged in an array of unlawful practices including deceiving diners about delivery costs and blocking their …

Distribution channels: Business & Economy

Published on December 17, 2024 - 20:17 GMT

Federal Trade Commission Announces Bipartisan Rule Banning Junk Ticket and Hotel Fees

The Federal Trade Commission today announced a final Junk Fees Rule to prohibit bait-and-switch pricing and other tactics used to hide total prices and bury junk fees in the live-event ticketing and short-term lodging industries. These unfair and deceptive …

Distribution channels: Business & Economy

Published on December 17, 2024 - 02:00 GMT

FTC, Illinois Attorney General to Announce Major Law Enforcement Action in Chicago Tuesday

The Federal Trade Commission and the Illinois Attorney General will announce a major law enforcement action at 11 a.m. Central Time on Tuesday, December 17, at the FTC’s Midwest Region Office in Chicago. Members of the media may attend in person or listen …

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Published on December 13, 2024 - 18:42 GMT

FTC Sues Southern Glazer’s for Illegal Price Discrimination

The Federal Trade Commission sued the largest U.S. distributor of wine and spirits—Southern Glazer’s Wine and Spirits, LLC (Southern)—alleging the company violated the Robinson-Patman Act, harming small, independent businesses by depriving them of access …

Distribution channels: Business & Economy

Published on December 13, 2024 - 17:43 GMT

New FTC Data Show Skyrocketing Consumer Reports About Game-Like Online Job Scams

New Federal Trade Commission complaint data show a sharp spike in online job scams that require consumers to repeat sets of tasks, which tracks closely with an increase in reported losses to job scams overall. According to a new FTC data spotlight, these …

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Published on December 12, 2024 - 03:00 GMT

FTC and DOJ Withdraw Guidelines for Collaboration Among Competitors

Today, the Federal Trade Commission and the Justice Department’s Antitrust Division (DOJ) jointly announced the withdrawal of the Antitrust Guidelines for Collaborations Among Competitors (Collaboration Guidelines). The Collaboration Guidelines, issued in …

Distribution channels: Business & Economy

Published on December 11, 2024 - 00:46 GMT

Statement on FTC Victory Securing Halt to Kroger, Albertsons Grocery Merger

The U.S. District Court for the District of Oregon granted on December 10, 2024, the Federal Trade Commission’s request for a preliminary injunction to prevent Kroger Company from acquiring Albertsons Companies, Inc. in what would be the largest …

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Published on December 10, 2024 - 23:28 GMT

FTC Staff Sends Warning Letters to Healthcare Plan Marketers and Lead Generators

As open enrollment season for healthcare plans is ongoing, the staff of the Federal Trade Commission is sending warning letters to 21 companies that market or generate sales leads for such plans, providing guidance, and putting the companies on notice, …

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Published on December 10, 2024 - 23:28 GMT

Statement on FTC’s Win in Lawsuit Against the Makers of Dietary Supplement Prevagen

Samuel Levine, Director of the Federal Trade Commission’s Bureau of Consumer Protection, issued the following statement on the ruling by the U.S. District Court for the Southern District of New York on the FTC and New York Attorney General’s lawsuit …

Distribution channels: Business & Economy

Published on December 10, 2024 - 23:28 GMT

FTC Sends More Than $540,000 in Refunds to Consumers Harmed by Phantom and Abusive Debt Collection Scheme

The Federal Trade Commission is sending more than $540,000 in refunds to consumers who paid a group of abusive debt collectors who threatened consumers with lawsuits or arrest if they failed to pay debt that they might not have even owed. The FTC filed …

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Published on December 9, 2024 - 21:52 GMT

FTC Acts to Stop Scheme that Bilked Millions out of Student Loan Borrowers

The Federal Trade Commission has stopped a scheme that allegedly bilked millions of dollars out of consumers burdened with student loan debt by pretending to be affiliated with the U.S. Department of Education in violation of the FTC’s Impersonation Rule, …

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