FTC says partnerships like Microsoft-OpenAI raise antitrust concerns
The Federal Trade Commission said in a staff report issued Friday that there are potential competitive issues in partnerships between big tech companies and generative AI developers — specifically, Microsoft's backing of OpenAI and Amazon and Alphabet/Google's partnerships with Anthropic.
FTC sues PepsiCo, alleging price discrimination is raising costs for consumers
The Federal Trade Commission is suing PepsiCo for allegedly giving an unnamed big box retailer more favorable prices than its competition. The unnamed retailer is Walmart, sources familiar with the matter told CNBC.
FTC Order Bans GM From Disclosing Data From Connected Vehicles
General Motors agreed to a proposed order to resolve Federal Trade Commission allegations that it collected, used and sold data from connected cars without drivers' knowledge or consent.
Divided FTC Refers Complaint Against Snap's AI Chatbot to Justice Department
The Federal Trade Commission (FTC) said Thursday (Jan. 16) that it referred a complaint against Snapchat operator Snap to the Department of Justice.
Your car knows a lot about you. The FTC wants to make sure GM and other carmakers don't take advantage.
U.S. regulators took aim at General Motors and its OnStar unit late Thursday, saying that they had taken their first-ever action related to connected-vehicle data.
Snap shares drop as FTC refers MyAI chatbot complaint to the DOJ
Snap shares closed down 5% on Thursday after the Federal Trade Commission said it would refer a complaint against the company to the Department of Justice. The FTC's non-public complaint involves allegations that Snapchat's My AI chatbot poses "risks and harms to young users," the commission said in a statement.
FTC bans GM from disclosing driver, consumer data to consumer reporting agencies
U.S. automaker General Motors will be banned for five years from disclosing consumers' sensitive geolocation and driver behavior data to consumer reporting agencies, the Federal Trade Commission said in a statement on Thursday.
FTC Chair Khan on Deere Suit, Big Tech and M&A
US Federal Trade Commission Chair Lina Khan comments on the FTC and two states suing Deere & Co, alleging the company illegally monopolized agricultural equipment repairs. Speaking on "Balance of Power," Khan also discusses the agency's efforts to rein in big tech, the future of TikTok in the US and the outlook for M&A activity.
FTC sues Deere, alleging equipment repair 'monopoly' raises costs for farmers
The Federal Trade Commission has sued agricultural equipment company Deere & Company, arguing it holds a monopoly on repair services. The FTC alleges that the company's tactics forced customers to rely on authorized dealers for equipment fixes.
FTC Report Reveals PBM Practices Impacting Competition and Drug Costs
The report comes at a time when insurers are grappling with rising medical costs.
FTC Fines H&R Block $7 Million, Orders Changes to Advertising, Service Practices
The Federal Trade Commission fined H&R Block (HRB) $7 million and required the tax services company to stop advertising and customer service practices it called "unlawful" by the 2025 tax filing season.
FTC Finalizes $7 Million Settlement With H&R Block
The FTC says it has finalized a $7 million settlement with H&R Block. The Federal Trade Commission (FTC) announced the settlement Wednesday (Jan. 8) as part of a larger agreement with the tax preparation company, which has agreed to make a number of changes to its practices before the 2025 tax filing season.
