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 […]
Trump FTC commission to head agency
President-elect Trump has selected Andrew Ferguson to head the Federal Trade Commission. He is already a member of the antitrust body. “Andrew has a track record of standing up to big tech censorship and defending our nation's free speech,” Trump said in a statement posted to his Truth social network on Tuesday. “Andrew will be […]
Trump taps FTC Commissioner Andrew Ferguson to lead agency
President-elect Donald Trump has nominated Federal Trade Commissioner Andrew Ferguson to lead the Consumer Protection and Antitrust Bureau, he said on social media Tuesday. Mr. Ferguson is one of two Senate-confirmed Republican FTC commissioners appointed by President Biden, and will be the most America-first, pro-innovation FTC chairman in our nation's history, President Trump said. “Andrew […]
Trump taps FTC Commissioner Andrew Ferguson to chair agency
President-elect Trump has nominated Federal Trade Commission (FTC) Commissioner Andrew Ferguson to be the next head of the independent agency. In a statement Tuesday night, Trump emphasized Ferguson's hardline approach to protecting free speech and what the president-elect described as Big Tech's “censorship” of certain views. President Trump: “Andrew has a track record of standing […]
Bipartisan lawmakers call on FTC to investigate FanDuel, DraftKings
Sens. Mike Lee (R-Utah) and Peter Welch (D-Vermont) on Friday sent a joint letter to the Federal Trade Commission (FTC) and the Department of Justice urging lawmakers to stop FanDuel and Draft. He called for an investigation into the Kings' conduct. Mr. Lee and Mr. Welch accused the two sports betting companies of collaborating to […]
Race to replace FTC chair Lina Khan pits antitrust hawks against candidate softer on Big Tech: sources
The race to replace Lina Khan as chair of the Federal Trade Commission is reaching a climax, pitting antitrust hawks against candidates seen as taking a softer approach to enforcing Big Tech. told the Post. President-elect Donald Trump's populist allies have pushed for a crackdown on Google and other Silicon Valley companies, including in the […]
Consumer watchdog wants FTC to investigate Dr. Oz for influencer marketing violations
Consumer advocacy group asks the Federal Trade Commission (FTC) to investigate whether Dr. Mehmet Oz violated influencer marketing rules by promoting the wellness supplement company's products on social media without proper disclosure. is asking you to start. In a letter sent Tuesday to the FTC's Bureau of Consumer Protection, Public Citizen said Oz regularly posted […]