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Conservatives Urge Congress to Confirm Mark Meador for FTC

The conservative leader wrote a letter Monday to Senate Commerce Committee Chairman Ted Cruz (R-TX), urging Congress to confirm Federal Trade Commission (FTC) candidate Mark Medor. . Execution. The conservative coalition claimed that President Donald Trump's landslide election gave him a “clear mission.” It's about “returning from the elite, liberal mobs and deep states that […]

Biden’s FTC launched last-minute NYC probe into Uber, Lyft alleged collusion

The Federal Transactions Committee has been reported to have begun investigating the last minute whether Uber and Lyft had illegally colluded to reduce the driver in New York. On January 21, the FTC regulation authorities issued a demand for a civil survey that functions as a summoning form, and demanded that the two companies submit […]

Pepsi sued by FTC over exclusive discounts to Walmart

The Federal Trade Commission on Friday sued PepsiCo for offering preferential prices to a major retailer, a source familiar with the matter confirmed that the retailer was Walmart. This practice put other retailers, from major grocery chains to independent convenience stores, at a disadvantage and helped drive up consumer prices. the FTC said.. “PepsiCo strongly […]

PBMs made billions marking up specialty drugs by more than 1,000 percent: FTC

The Federal Trade Commission (FTC) released its second interim report on pharmacy benefit managers (PBMs) on Tuesday, finding that large industry intermediaries have increased their numbers through vertical integration, industry dominance, and increased prices for specialty drugs. He said it has generated billions of dollars in revenue. This report specifically focuses on the business practices […]

FTC Finalizes $7 Million Settlement With H&R Block – PYMNTS.com

The FTC announced that it had completed a $7 million settlement. H&R Block. Federal Trade Commission (FTC) announced The settlement was made on Wednesday (January 8) as part of a larger agreement with tax preparation firms. The company has agreed to make a number of changes to its business practices ahead of the 2025 tax […]

Oil companies pay record $5.6M settlement after FTC alleges illegal coordination

The federal government announced Tuesday that three oil companies will pay record fines to resolve allegations of illegal coordination before the merger was completed. The Federal Trade Commission (FTC) announced that three companies, XCL Resources Holdings, Verdun Oil Company II, and EP Energy LLC (EP), will pay a record $5.6 million in a civil lawsuit. […]

FTC Alleges Top Liquor Distributor Favored Costco, Kroger, Others

The Federal Trade Commission (FTC) alleges in a lawsuit Thursday that America's largest distributor of wine and alcoholic beverages engaged in illegal price discrimination by giving advantages to large chains over independent grocers. did. FTC complaint claim Southern Glazer's Wine and Spirits, the nation's 10th largest privately held company, deprives small businesses of access to […]

Why incoming FTC chair Andrew Ferguson will ‘bring the heat on Big Tech’

President-elect Donald Trump's nomination of Andrew Ferguson to head the Federal Trade Commission is a sign of the Big Tech blackmail he began during his administration's first term in office, experts told The Post. It is the latest sign that the government plans to continue its crackdown on the virus. Mr. Ferguson, who has served […]