Over the past two weeks, the FTC secured a permanent injunction blocking Henkel’s $725 million acquisition of Liquid Nails, entered a stipulated order unwinding Zillow and Redfin’s $100 million market-exit agreement, and reached a $4 million settlement with Manchester City Nissan over unauthorized dealer fees. The agency also finalized $930,000 in penalties against Cox Media
As the year concludes, the FTC has been quite busy. Not only has the upcoming leadership transition meant the FTC has been working on a variety of matters, the transition has also highlighted stark differences in the Commissioners’ perspectives on enforcement. For example, Commissioners Holyoak and Fergusons published strong dissenting statements regarding the withdrawal of the Collaboration Among Competitors guidance and the first Robinson-Patman Act matter in nearly a quarter century. All this and more –
Continue Reading FTC Updates (December 9 – 13, 2024)
To kick off the last full month of the current presidential administration, the Federal Trade Commission’s activity included numerous consumer protection updates. Privacy and cybersecurity and online retailers (especially home security systems) were a focus, including announced court orders and consumer payments for shipping practices, improper use of artificial intelligence, collecting and selling consumer location data, and obtaining financing for unqualified customers. On the competition side, the FTC issued its 2024 Report on Ethanol Market Concentration and proposed a consent order for a no-hire agreement. All this and more after the jump.
Continue Reading FTC Updates (December 2-6, 2024)
The FTC’s activity in the leadup to Thanksgiving and Black Friday involved, appropriately enough, numerous consumer protection updates. The agency called funeral homes, investigated smart device manufacturers’ websites, and expanded a telemarketing rule to target tech support scammers. The Commission also announced an online workshop about predatory pricing, and reached a settlement related to an AI-powered security screening system. More information on these stories after the jump.
Continue Reading FTC Updates (November 18-29, 2024)
Following Thanksgiving and Native American Heritage Day, the FTC announced an almost $10 million settlement with Google and iHeartMedia related to their allegedly deceptive past endorsements of Google’s Pixel 4 phone and released the Commission’s annual market concentration analysis of the ethanol production industry. These stories after the jump.
Continue Reading FTC Updates (November 28 – December 2, 2022)
The FTC’s past week focused on the future. From Director Levine’s comments about consumer protection in the digital era to the House passing H.R. 3843, the FTC is in a forward-looking posture. More on this, as well as a settlement secured by the FTC, after the jump.
Continue Reading FTC Updates (September 26-30, 2022)
The FTC has been pounding the pavement this week, giving testimony, statements, and remarks to multiple types of audiences, including the U.S. Senate. More on these talks, as well as an update on a forthcoming event on protecting children from digital advertising, after the jump.
Continue Reading FTC Updates (September 19-23, 2022)
The FTC had a lighter week following Labor Day as the Commission hosted a public forum on its proposed rulemaking on commercial surveillance and lax data security practices. A D.C. federal court judge handed the FTC a victory when it denied a request from Facebook to turn over the FTC’s analysis of Facebook’s acquisition of Instagram and WhatsApp. The Commission ended the week by announcing its agenda for an open commission meeting scheduled for September 15. This story and more after the jump.
Continue Reading FTC Updates (September 5-9, 2022)
The FTC had a busy week in the consumer protection realm. The agency settled with several companies over allegations ranging from shoddy data security to a full-on credit card laundering scam. Chair Khan and DOJ Assistant AG Kanter have remained busy in their efforts to gather information on merger guidelines, and, in case there wasn’t enough on the FTC’s plate, a U.S. Senator has asked the agency to dig up evidence of wrongdoing in the gas and oil markets. More on all of this after the jump.
Continue Reading FTC Updates (March 14-18, 2022)
Monday, February 28, 2022
Bureau of Consumer Protection: Credit Card Debt Fraud