Tag: FTC
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Meta Claims FTC Lacks Authority to go After Facebook on Child Data Privacy in Lawsuit
Meta, the parent company of Facebook and Instagram, filed a lawsuit against the Federal Trade Commission, arguing that the agency lacks the constitutional authority to go after the company over how it handles child data privacy. The lawsuit is Meta’s latest response to a lawsuit filed by the FTC and 42 attorneys general alleging that…
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This List of States With the Most Spam Calls May Surprise You
Spam calls are an issue almost everywhere in the U.S., but some states are targeted more than others. These are the top 10 states with the highest spam call rates, according to voice security company Hiya’s Q3 2023 Global Call Threat Report. There are few things that elicit more anger than spam calls. It’s possible…
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People Are Getting Numb to The Robocall Epidemic
Everyone loves to hate robocalls, but the intensity of that anger has simmered down over the years. The Federal Trade Commission said on Friday that consumer complaints about robocalls are the lowest they’ve been in five years. During the 2023 fiscal year, the FTC received 1.2 million complaints about robocalls – a decrease from 1.8…
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FTC Claims Amazon Destroyed Two Years of Communication Related to Investigation
The Federal Trade Commission accused Amazon executives of destroying two years of communications in an effort to impede the agency’s investigation into its monopolistic powers, according to details in the complaint that were made public on Thursday. While the FTC and 17 state attorneys general sued the online retail giant in September, the original complaint…
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The FTC Wants to Ban Hidden Fees That Comcast & Spectrum Use To Hide The True Cost of TV – Here is Everything You Need to Know
This, the FTC proposed a new rule that would ban hidden fees and bogus fees that are used to drive up the cost of a service higher than advertised. This practice has been very common in cable TV for years. Cable companies will advertise one price for TV but include a long list of fees,…
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Overseas Scams Have Cost Americans $2.5 Billion Over the Last Eight Years
Fraud perpetuated by international scammers have cost Americans a fortune. Thanks to a Federal Trade Commission report filed this week, we now know exactly how much. In the period between January 1, 2015, to June 30, 2023, American consumers have reported $2.49 billion in losses related to so-called cross-border fraud, with nearly half a million…
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The Death of The Cable TV Hidden Fee? The FTC Wants to Ban Hidden Fees That Hide The True Cost Of TV
Today, the FTC proposed a new rule that would ban hidden fees and bogus fees that are used to drive up the cost of a service higher than advertised. This practice has been very common in cable TV for years. Cable companies will advertise one price for TV but include a long list of fees,…
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Amazon Reportedly Used Secret Code To Manipulate Prices
Amazon previously used an algorithm called “Project Nessie” to move prices up or down on its products to see how competitors would react, and in some cases led the market to raise prices and forced consumers to spend more, according to the Wall Street Journal. Project Nessie is one of the more explosive elements to…
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FTC May Continue Fighting Microsoft-Activision Merger – Even After the Deal Closes
The U.S. Federal Trade Commission will challenge Microsoft’s $69 billion acquisition of video game company Activision Blizzard, despite already losing the trial to block the deal. On Tuesday, the agency issued an order to resume its review of the merger, meaning it will continue to challenge the deal. “The Commission has determined that the public…
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Amazon Sued by FTC and 17 State AGs for ‘Maintaining Monopoly Power’
The Federal Trade Commission and 17 state attorneys general on Tuesday sued Amazon, claiming the online giant has abused its power and position as a retail platform to maintain an illegal monopoly. The lawsuit alleges that Amazon has used its popular platform to box out retailers that need to operate on the site to reach…