Tag: ftc
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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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US FTC probes YouTube over social media policies, Bloomberg News reports
Aug 27 : The U.S. Federal Trade Commission has been investigating whether YouTube violated consumer protection laws by suspending users’ accounts and is in the final stages of preparing a potential lawsuit, Bloomberg News reported on Thursday, citing people familiar with the matter.The probe comes as FTC Chai
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Zillow settles FTC claims it paid Redfin to stop competing on apartment listings
Aug 24 : The U.S. Federal Trade Commission and a group of states announced a settlement with Zillow, ending claims the online real estate platform illegally paid Rocket Companies’ Redfin $100 million to stop competing in apartment rental listings.The FTC and five states had argued the Zillow-Redfin partnershi
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US FTC sues Hims & Hers for sending user health info to Meta, Snap
July 29 : The U.S. Federal Trade Commission sued Hims & Hers on Wednesday alleging the telehealth platform shared users’ health data with online advertisers, despite promising privacy, and engaged in deceptive billing and cancellation practices. Users’ sensitive health information was shared with online adve
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Shein’s US operations under FTC scrutiny
July 28 : Shein’s U.S. operations are under investigation by the U.S. Federal Trade Commission, the fast-fashion e-commerce platform disclosed in connection with its Hong Kong IPO. The FTC probe relates to Shein’s U.S. business operations, the company said in documents published by Hong Kong’s stock exchange
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South Korean court suspends FTC designation Coupang founder Kim Bom as controlling entity
SEOUL, July 14 : A South Korean court on Tuesday suspended a Fair Trade Commission (FTC) decision to designate Kim Bom, the founder of U.S.-listed e-commerce firm Coupang, as the group’s controlling entity. The Seoul High Court granted an injunction sought by Coupang and Kim, suspending the designation pendin
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