FTCWatch
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September 10, 2024
Bitcoin ATMs increasingly help scammers cash out, FTC figures show
Swelling fraud losses flowing from crypto ATMs in recent years are likely part of a staggering problem, according to a new analysis from the Federal Trade Commission.
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September 10, 2024
States a key partner in fighting social media-driven mental health crisis, Levine says
States’ laws and enforcement actions are an important piece for helping solve a mental health crisis facilitated by social media that America’s youth are facing, said Samuel Levine, the director of the Federal Trade Commission’s Bureau of Consumer Protection.
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September 10, 2024
Calendar
Sept. 11-13 — Fordham University’s Competition Law Institute is sponsoring its 51st Annual International Antitrust Law and Policy Conference. For more details, go to: https://www.fordham.edu/school-of-law/centers-and-institutes/competition-law-institute/.
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September 10, 2024
Neil Averitt commentary: Kamala Harris’ start as an FTC intern
Politicians at even the highest level had to get their start in public service someplace. For Kamala Harris the starting point was a college internship in the press office at the Federal Trade Commission.
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September 10, 2024
Congress created FTC in 1914 in push for government by experts
This is the first in a series of articles marking the 110th anniversary of the Federal Trade Commission’s founding.
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September 10, 2024
People
Dunn balances Google trial and Harris debate prep
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September 10, 2024
Regulators await congressional resolution of funding debate
As Congress again waits until the final weeks of the fiscal year to finalize spending plans, the Federal Trade Commission and Department of Justice’s antitrust division have to figure out contingency plans for various levels of funding.
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September 10, 2024
Amazon setback in DC antitrust suit raises hurdles in clash with FTC
An appellate court’s revival of the District of Columbia’s antitrust claims against Amazon creates fresh headwinds for the embattled tech giant, potentially undermining the company’s efforts to avoid a major battle with the Federal Trade Commission unfolding on the other side of the country.
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September 10, 2024
Harris advocates giving FTC power to combat price gouging
Vice President Kamala Harris wants the Federal Trade Commission to get statutory power to take on price gouging, although some experts say that isn’t what’s driving higher costs.
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September 10, 2024
Former steel executive pleads guilty to price-fixing scheme
Edgardo Sola Colon, a former executive of a steel distributor in Puerto Rico, pleaded guilty to conspiring with competitors to fix prices of reinforcing bar, the Department of Justice announced.
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September 10, 2024
RivX accused of investment scam
Miami-based company RivX has been accused by the Federal Trade Commission and Florida’s attorney general of an investment scam that promised opportunities in the automated trucking industry.
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September 10, 2024
After security camera breaches, Verkada settles with feds
Security camera company Verkada failed to protect its customers, allowing a hacker to access sensitive video footage of patients in psychiatric hospitals and women’s health clinics, according to the Federal Trade Commission.
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September 10, 2024
On the Shelf: Gorsuch takes on the law’s excesses
When it comes to the legal system, everyone’s a critic. Supreme Court Justice Neil Gorsuch outlines his concerns in “Over Ruled: The Human Toll of Too Much Law.” His co-author is his former clerk Janie Nitze.
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August 20, 2024
Horseracing industry gets more oversight as court battles persist
The Federal Trade Commission is holding a private entity that regulates the horseracing industry, which has been plagued by doping scandals and tragedies, more accountable. Yet legal battles continue over whether the Horseracing Integrity and Safety Authority possesses too much power.
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August 20, 2024
With CarShield settlement, FTC calls out dubious celebrity endorsements
The Federal Trade Commission signaled its willingness to pursue companies for misusing celebrity endorsements when CarShield agreed to pay $10 million to settle claims over deceptive marketing tactics.
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August 20, 2024
Sweepstakes scam operator agrees to FTC ban
Victor Ramirez, an operator of a massive sweepstakes scam, agreed to a permanent ban, resolving a case brought by the Federal Trade Commission. The ban prevents Ramirez from conducting sweepstakes and prize promotions.
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August 20, 2024
Calendar
Sept. 10 — Kelley Drye & Warren is sponsoring a webinar on “Why You Should Care About the FTC’s Rule on Fake Reviews.” It will be held at noon. For more information, go to: https://www.kelleydrye.com/viewpoints/blogs/ad-law-access/join-us-for-an-upcoming-webinar-why-you-should-care-about-the-ftcs-rule-on-fake-reviews.
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August 20, 2024
Google search antitrust ruling in US was driven by user data, but not user privacy
In search, data equals dominance — particularly data collected from users.
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August 20, 2024
People
Graham positioned to be Senate Judiciary chair if GOP gets control of chamber
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August 20, 2024
Biden administration shines light on three FTC rules
The Federal Trade Commission’s work to stop fake reviews and testimonials, ban junk fees and simplify canceling services is part of a government-wide initiative to make people’s lives easier.
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August 20, 2024
Oklahoma contractor indicted in $100 million highway projects scheme
A grand jury indicted civil contractor Sioux Erosion Control, its vice president and an employee over a conspiracy targeting more than $100 million in transportation construction contracts across Oklahoma.
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August 20, 2024
On the Shelf: How to communicate effectively
The Department of Justice and Federal Trade Commission have tools in their arsenal such as civil investigative demands and subpoenas for dealing with individuals and companies they’re investigating. But sometimes they can apply a less invasive method: emotional intelligence.
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August 20, 2024
Ex-company official pleads guilty to fixing rebar prices
Juan Carlos Aponte Tolentino, the former interim president of a Puerto Rican steel distributor, pleaded guilty to a price-fixing conspiracy, the Department of Justice announced.
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August 20, 2024
Khan’s tenure as FTC chair comes into question with change of administration
Federal Trade Commission Chair Lina Khan’s future at the agency will likely be shaped by the result of the presidential election, but a Harris presidency would not guarantee her continuation at the helm.
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August 20, 2024
Neil Averitt commentary: A few dawn raids needed to test subpoena compliance
A “dawn raid” is a metaphorical label for a search of business offices that’s conducted with a proper warrant but without prior notice to head off a danger that documents will be destroyed.