Tag: ftc
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FTC opens probe into AI giants including Anthropic and OpenAI
Sept 30 : The Federal Trade Commission is conducting an industry-wide probe into Anthropic, OpenAI and other AI labs to uncover the potential dangers their technology poses to consumers, a senior FTC official told Reuters on Wednesday.The probe is the first official US regulatory action delving into rogue AI
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FTC chair suggests AI developers should be liable for conduct of agents
AUSTIN, Sept 25 : US Federal Trade Commission Chairman Andrew Ferguson said on Friday he would resist describing AI agents as autonomous actors that “break loose” with “wills and desires of their own,” suggesting the developers who instruct agents would be the ones liable for harm.”I’m going to continue as lo
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$2.5 billion Amazon Prime settlement update: See if you qualify for a $200 payout and learn how to cancel unwanted subscriptions
Under a revised FTC order, more Amazon users qualify for a refund and the maximum payout been raised from $51 to $200.
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FTC chair suspicious of calls for AI antitrust exemptions
WASHINGTON, Sept 15 : The chairman of the U.S. Federal Trade Commission said on Tuesday that “everyone should be deeply suspicious” about AI companies seeking antitrust exemptions while they also lobby for new regulations.FTC Chairman Andrew Ferguson said he was expressing his personal opinion, and did not di
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Amazon sued by FTC, 22 US states over ad sales practices
Aug 31 : Amazon.com illegally raised prices for advertisers by surreptitiously raising the minimum price required to place ads that promote their products, the U.S. Federal Trade Commission alleged in a lawsuit filed in federal court Monday.The agency, joined by a bipartisan group of 22 U.S. states, said Amaz
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Amazon rigged billions in ad pricing, lawsuit from states and US watchdog alleges
Amazon responded to the lawsuit, arguing the US Federal Trade Commission “misunderstands” their ad market.
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Amazon sued by FTC, 22 US states over advertising practices
Aug 31 : Amazon.com illegally raised prices for advertisers by surreptitiously raising the minimum price required to place ads that promote their products, the U.S. Federal Trade Commission alleged in a lawsuit filed in federal court Monday.The agency, joined by a bipartisan group of 22 U.S. states, said Amaz
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Amazon sued by FTC and over 20 US states
Aug 31 : The U.S. Federal Trade Commission on Monday sued Amazon.com, with more than 20 U.S. states joining the lawsuit, according to court records.The agency planned to file a lawsuit, alleging Amazon manipulated prices for advertisements on its e-retail platform, the Wall Street Journal reported earlier in
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