Bedoya, focused and passionate, talks about putting consumers first
Federal Trade Commission member Alvaro Bedoya just reached his six-month work anniversary. The former Senate staffer and Georgetown University professor arrived at a time of incredible activity at the FTC. It issued an advanced notice of proposed...
Some hits and a miss in Section 5 policy statement
The diplomat Talleyrand, who represented post-Napoleonic France at the make-or-break Congress of Vienna, cautioned his staff to move only in measured steps: “Above all,” he said, “no zeal.” This would have been equally good advice for the Federal Trade Commission’s policy statement on Section 5...
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Democratic-led FTC finds strong allies in House
The Federal Trade Commission has gained allies on Capitol Hill as House Democrats appear willing to give the agency more money and power to go after companies that hurt consumers.
Klobuchar’s bold measure is initial move in antitrust debate
Senator Amy Klobuchar fired the opening legislative salvo in what could be Congress’ first major overhaul of antitrust law in 45 years.
Feds, others report upswing in consumer complaints
The Federal Trade Commission and other government and private organizations received 4.7 million consumer protection-related complaints last year, compared with 3.2 million in 2019.
Romance scams on rise, fueled by pandemic loneliness, figures show
The Federal Trade Commission has long warned of cold-hearted scammers preying on lonely hearts in attempts to swindle money or obtain sensitive financial information. According to fresh data,...
Antitrust and privacy conferences going virtual again
For the second consecutive year, the American Bar Association and the International Association of Privacy Professionals have moved their big conferences online due to Covid-19 concerns.
Unemployment insurance ID theft soared in 2020 amid pandemic
Identity thieves were hard at work filing bogus unemployment benefits claims at the height of the pandemic, the Federal Trade Commission said. Complaints of fraud rose to 230,000 by the fourth...