FTC blocks $4B Tempur Sealy, Mattress Firm merger
The Federal Trade Commission on Tuesday unanimously blocked mattress supplier Tempur Sealy International Inc.’s $4 billion acquisition of retailer Mattress Firm Inc., saying the merger could stifle competition and lead to higher prices. Tempur Sealy owns Tempur-Pedic, Stearns & Foster and Sealy and is the world’s largest mattress supplier. The company had originally agreed to […]
Democrat probes 18 oil companies after FTC collusion accusations
Sen. Sheldon Whitehouse of Iowa is investigating 18 oil and gas companies after the Federal Trade Commission accused the former CEO of Pioneer Natural Resources last month of conspiring with foreign oil producers. Whitehouse, who chairs the Senate Budget Committee, asked the companies to turn over copies of any communications they had with foreign oil […]
HAVENS: It’s Clear Who Biden’s FTC Commissioner Melissa Holyoak Is Working For … And It’s Not The American People
When President Biden nominated Melissa Holyoak to be the Federal Trade Commission (FTC), industry observers warned that she was too friendly to Big Tech companies, and now it’s clear they were right: It took her less than two months to make it clear that she would block bipartisan efforts to rein in Google, Apple, Facebook, […]
DOJ, FTC set to open antitrust probe into Microsoft, Nvidia, and OpenAI: Reports
The Department of Justice (DOJ) and federal regulators are launching antitrust investigations into Microsoft, Nvidia and OpenAI for their roles in the rapidly growing artificial intelligence industry, multiple media outlets reported Thursday. Department of Justice and Federal Trade Commission (FTC) investigations; The New York Times first reported the news on Wednesday.As the investigation begins, subpoenas […]
Best Buy is most commonly impersonated company by scammers, FTC says
See what’s clicking on FoxBusiness.com The Federal Trade Commission released a report this month outlining the companies scammers most commonly impersonate, the brands they most commonly use in fraudulent transactions, and their top methods. According to the report, Best Buy’s Geek Squad, along with Amazon and PayPal, are among the most widely imitated companies used […]
KOBACH: Liberals Hijack Online Child Safety Bill, Handing Khan-trol To FTC
A bill currently pending in Congress, the Kids Online Safety Act (KOSA), would require social media companies to refrain from advertising age-restricted products, like tobacco and gambling, to minors and to let parents, schools and minors report certain harms. As originally proposed, it was a good bill. Unfortunately, leftist lunatics hijacked the reasonable, commonsense legislation […]
Approximately 800,000 BetterHelp Customers Receive Refund Notices, FTC Says
On January 15, 2014, a Federal Trade Commission (FTC) seal is seen sewn into the carpet of a committee room at FTC headquarters in Washington, DC. (Photo credit: PAUL J. RICHARDS/AFP, see Getty Images) OAN’s James Myers8:06am – Friday, May 10, 2024 Approximately 800,000 customers of online treatment platform BetterHelp will begin receiving refund notices […]
FTC Chairwoman Linked to Organization Supporting Columbia Protests
Democratic FTC Chair Lina Khan has ties to the Law and Political Economy (LPE) Project, a Marxist group that supported pro-Palestinian protesters at the Columbia University camp. Mr. Khan currently serves as Chairman and Associate of the Federal Trade Commission (FTC). Professor The Columbia University Law School Ph.D., who is currently on leave from his […]
House panel requests FTC investigate if TikTok violated child protection act
Leaders of a bipartisan committee focused on China urge the Federal Trade Commission (FTC) to investigate whether TikTok violated child protection laws in its efforts to prevent the U.S. from banning the app. I sent a letter to The letter was obtained and first reported by The Hill. NBC Newsto FTC Chair Lina Khan, stating […]
Some Ring customers have refunds coming their way, FTC says
Check out what’s being clicked on FoxBusiness.com Some customers who purchased Ring security cameras may be eligible for a refund from the Federal Trade Commission. The FTC announced this week that refunds totaling more than $5.6 million will be distributed to more than 117,000 people. Money is sent in the form of PayPal payments. The […]