FTC

Business News

The FTC Is Banning Businesses From Writing, Buying Their Own Reviews and Bot Followers

The FTC has a new rule to combat fake reviews.

Business News

'Adobe Literally Will Not Let Me Cancel:' U.S. Justice Department Sues Adobe Over Subscription Policies

The DOJ is calling out Adobe's hidden fees and its cancellation policies in a new lawsuit.

Business News

Ring Camera Owners Will Receive $5.6 Million in Payments After FTC-Amazon Settlement. Here's How Many Customers Are Eligible — And How They'll Get the Cash.

The payouts are a result of a June 2023 settlement with Amazon over privacy violation allegations against the camera company.

Business News

Amazon Used a 'Secret Algorithm' to Inflate Prices by Over $1 Billion, FTC Says

The complaint claims Amazon employed the "Project Nessie" algorithm to manipulate competitors.

Business News

Social Media Fraud Is On the Rise — And Even the Most Savvy Are Getting Scammed. Here Are the Most Common.

One in four individuals who reported being scammed since 2021 said it originated on social media, amounting to $2.7 billion in losses, per the FTC.

Business News

FTC Proposes Rule to Crack Down on Fake Reviews and Deceptive Marketing Tactics

As much as 30-40% of online reviews are fake, according to a new report.

Business News

The FTC Is Suing Amazon For Allegedly Signing Up Customers For Prime Without Their Consent

The Federal Trade Commission filed a lawsuit against Amazon on Wednesday for the "company's knowing failure to address non-consensual subscriptions and cancellation trickery."

Business News

Microsoft to Pay $20 Million Settlement for 'Illegally' Retaining Children's Information

The Federal Trade Commission says Microsoft violated the Children's Online Privacy Protection Act (COPPA) by collecting children who signed up for its Xbox system's information and failing to obtain parental consent.

Business News

Amazon Will Pay Over $30 Million For Alleged Privacy Violations With Amazon Ring and Alexa Devices

The Federal Trade Commission has accused Amazon of violating the Children's Online Privacy Protection Act Rule (COPPA Rule) in regard to its data deletion practices.

Business News

FTC Cracks Down on Student Loan Schemes That Scammed Borrowers Out of $12 Million

The two companies claimed to be affiliated with the Department of Education.

Business News

'Click to Cancel' Rule Could End the Cycle of Subscription Traps

The Federal Trade Commission proposed a new rule that intends to make it just as easy for subscribers to cancel their subscriptions as it was to sign up.

Business News

Fortnite Developer Epic Games Fined in Record-Breaking $520 Million Settlement Over Children's Privacy, 'Dark Practices'

The federal agency plans to set up a website for consumer refunds for certain unauthorized purchases on the platform in the Epic Games Store and in Fortnite.

Business News

The FTC Is Suing Microsoft to Block It From Purchasing Activision Blizzard, a Video Game Holding Company

The Federal Trade Commission said it could be negative for competition in the gaming sector.