FTC

Science & Technology

FTC Reportedly Opens Antitrust Probe Into Microsoft

In the United States, the Federal Trade Commission (FTC) has launched an antitrust investigation into Microsoft, which drilled all aspects of the technology giant’s activities, including, among others, business related to cloud computing, software licensing, functional solutions in the cybersecurity area and artificial intelligence products.

Society & Lifestyle

US FTC Says Marriott to Boost Security to Settle Data Breach Charges

The United States Federal Trade Commission on Wednesday, October 9, said it would require Marriott International and its subsidiary Starwood Hotels & Resorts Worldwide to implement an information security program to settle charges related to multiple data breaches recorded between 2014 and 2020.

Science & Technology

US Sues Adobe for Hiding Fees

On Monday, June 17, the United States government sued Adobe, maker of Photoshop and Acrobat, accusing the company of harming consumers by hiding high fees for terminating subscriptions in the most popular tariff plan and making it difficult to cancel subscriptions.

Fintech & Ecommerce

BlueSnap Reaches $10 Million Settlement With FTC

BlueSnap and its former CEO settled with the Federal Trade Commission (FTC) for knowingly processing payment transactions for deceptive and fraudulent companies.

News

FTC Says About Increase in AI-Related Scams on Social Media

Over the last year, the Federal Trade Commission (FTC) has recorded a significant increase in the number of complaints about advertising materials that were created using artificial intelligence for fraud.

Society & Lifestyle

FTC Fines Avast

Avast, a company specializing in developing cybersecurity software, has been fined $16.5 million by the US Federal Trade Commission (FTC).

News

Amazon’s Secret ‘Project Nessie’ Algorithm Used to Drive Prices According to FTC

The media reports that the Federal Trade Commission (FTC) accuses Amazon of using a secret algorithm codenamed Project Nessie, which is applied to check the boundaries of price increases and is a guarantee that competitors will comply with pre-determined product cost limits.

Society & Lifestyle

FTC Strengthens Cooperation With Latin American Organizations

The Federal Trade Commission (FTC) announced the beginning of partnerships with consumer protection authorities from four Latin American countries, including Colombia, Mexico, Chile, and Peru.

News

US Government and 17 States Sue Amazon

The US government and 17 states are suing Amazon.

Fintech & Ecommerce

FTC Reportedly to Sue Amazon

The media reported that the US Federal Trade Commission (FTC) is likely to sue Amazon in the near future.

Science & Technology

FTC Investigates OpenAI for Potential Harm to Consumers

The US Federal Trade Commission (FTC) has launched an investigation into OpenAI.

News

FTC Wants to Pause Microsoft-Activision Deal

The US Federal Trade Commission (FTC) has appealed to the Court of Appeals to delay the implementation of the deal worth $69 billion, under which Microsoft will absorb Activision Blizzard.

Society & Lifestyle

FTC Proposes Ban on Fake Reviews

The Federal Trade Commission (FTC) has taken the initiative to introduce a new rule that prohibits numerous forms of fake reviews on the Internet.

News

FTC Sues Amazon

The US Federal Trade Commission (FTC) on Wednesday, June 21, sued Amazon, accusing the e-commerce giant of using a deception technique to force millions of consumers to subscribe to the Prime service.

News

FTC Files to Block Microsoft From Closing Activision Deal

The Federal Trade Commission on Monday, June 12, filed a lawsuit against Microsoft in the federal court of California to block the acquisition of Activision Blizzard by the technology giant.

News

FTC Returns $392 Million to Consumers After Law Enforcement Actions

In the United States, the Federal Trade Commission (FTC) last year returned $392 million to citizens after a refund made possible as a result of the actions of law enforcement officers.