FTCWatch
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November 12, 2024
Antitrust, consumer protection policies face new reality after elections
The Federal Trade Commission and Justice Department will still have strong enforcement agendas, especially when pursuing Big Tech, but might greenlight more mergers, according to antitrust insiders. Meanwhile, the newly minted GOP majority in the Senate might try to find common ground with Democrats on reform legislation.
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November 12, 2024
FTC’s neo-Brandeisian antitrust enforcement may end under Trump
Donald Trump’s return to the White House stands to derail many of the Federal Trade Commission’s ambitious antitrust enforcement priorities, including a polarizing but popular rulemaking effort to ban noncompete clauses in employee contracts nationwide and an expanded policing of unfair methods of competition.
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November 12, 2024
People — FTC vet Mohr jumps to private practice
Stephen Mohr, who ran the Federal Trade Commission division that reviews healthcare mergers, is now a partner at Kirkland & Ellis.
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November 12, 2024
FTC sues cash advance app Dave
The Federal Trade Commission sued online cash advance app Dave after the company allegedly used “misleading marketing to deceive customers.”
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November 12, 2024
Consumers to get refunds after Credit Karma’s claims fall through
A multiyear process initiated by the Federal Trade Commission against credit services company Credit Karma for false pre-approval offers has culminated in a payment to about 50,000 consumers that cost the business more than $2.5 million.
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November 12, 2024
Six charged in IT government procurement schemes
The Department of Justice charged six individuals involved in two schemes to rig bids and defraud the government in connection with procuring information technology services, an agency press release said.
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November 12, 2024
Abiie, maker of high chairs, removes ‘Made in USA’ label after FTC review
Abiie, which makes products for the youngest Americans, is feeling the impact of the Made in USA Labeling Rule after a government review.
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November 12, 2024
As closing of Pennsylvania glass plant looms, senators call on FTC
In Charleroi, a western Pennsylvania borough along the Monongahela River, glassmaking is built into the town’s history. The grandmother of the borough’s current council president has worked at the factory near the river, and so has the grandfather of fellow councilmember Larry Celaschi.
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October 29, 2024
Lyft pays $2.1 million fine for deceptive earnings claims
The Federal Trade Commission settled with ridesharing company Lyft for $2.1 million after being accused of misleading drivers about potential earnings.
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October 29, 2024
Tapestry-Capri merger decision endorses flexible US market definitions
Handbag-makers Tapestry and Capri Holdings repeatedly told a US judge examining their planned merger that the Federal Trade Commission’s “accessible luxury” handbag market definition is too complex and imprecise to be valid.
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October 29, 2024
Calendar
Nov. 14 — The American Bar Association’s Antitrust Section is sponsoring the 2024 Antitrust Fall Forum. Notable speakers include Federal Trade Commission Member Melissa Holyoak and Principal Deputy Assistant Attorney General Doha Mekki. The all-day event will be held at the Ronald Reagan Building and International Trade Center in Washington, DC. For more information, go to: https://events.americanbar.org/event/0045B583-A5CF-4488-9528-57422ED8EACE/summary.
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October 29, 2024
Industry groups fight FTC over subscription rule
Industry groups are challenging the Federal Trade Commission’s “click-to-cancel” rule, which would require sellers to make it as easy for consumers to cancel their enrollment as it was to sign up. The agency announced the final rule on Oct. 16.
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October 29, 2024
Bedoya calls for authenticity in ads for seafood restaurants
A member of the Federal Trade Commission took a step to ensure the nation’s largest seafood restaurants aren’t giving customers a false impression about where their catch is actually being caught.
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October 29, 2024
Sensitive health information must be guarded, FTC lawyer says
As healthcare becomes an increasingly sensitive topic — with some procedures newly criminalized — the Federal Trade Commission wants to rein in significant privacy violations by health-related applications and websites, said Robin Rosen Spector, a lawyer for the commission’s Division of Privacy and Identity Protection.
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October 29, 2024
Neil Averitt commentary: Courts help algorithmic collusion beat the rap
Centralized, computerized price-fixing is a pressing concern for private plaintiffs and antitrust agencies alike, as in cases like RealPage. But it’s been unreasonably hard to sell this concept to district court judges.
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October 29, 2024
Evans Concrete sentenced over bid-rigging scheme
Evans Concrete and four individuals were sentenced for participating in a bid-rigging conspiracy in the concrete industry in Georgia, the Department of Justice said.
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October 29, 2024
On the Shelf: Bite-sized takes on presidents and the presidency
The presidency is heavily chronicled but often misunderstood.
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October 29, 2024
FTC partners with AARP to protect older Americans from scams
A report from the Federal Trade Commission shows what the agency — in conjunction with organizations like the AARP — has been able to accomplish in terms of protecting older Americans from fraud in recent years.
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October 29, 2024
Car rule in limbo amid litigation
The Federal Trade Commission rule that would beef up the procedures regarding automobile sales remains on hold, pending the outcome of a challenge being heard by the US Court of Appeals for the Fifth Circuit.
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October 29, 2024
Elite colleges hit with new suit alleging antitrust violations
Colleges are in the antitrust crosshairs again following a class action alleging that a group of them colluded to give less financial aid to students whose parents are divorced.
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October 29, 2024
Qargo Coffee settles over franchise rule violations
Coffee shop franchise Qargo Coffee and its founders agreed to a $30,000 settlement with the Federal Trade Commission for failing to disclose critical information required under the franchise rule.
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October 29, 2024
People — Former DOJ attorney joins McGuireWoods
A onetime assistant chief in the Department of Justice has departed government to join the Washington, DC, office of the Richmond, Virginia-based law firm McGuireWoods.
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October 15, 2024
Calendar
Oct. 30 — George Mason University’s Mercatus Center is hosting “A Conversation with FTC Commissioner Melissa Holyoak.” It will take place on Zoom from 3 p.m. to 4 p.m. ET. For more information, please go to: https://mercatus-org.zoom.us/webinar/register/WN_aGixMaqWQQmQEy2WlPnXbQ#/registration.
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October 15, 2024
Rule banning fake reviews takes effect Oct. 21
“I was disappointed when this product arrived,” the three-star review on Amazon said. “The pop tarts were just crumbles.” Compare that to this snippet from a review of another product posted about a decade ago on Amazon alongside a five-star rating: “I am in-love with this product.”
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October 15, 2024
In hurricane aftermath, feds act to clean up disinformation
Along with a recent storm came a torrent of disinformation, causing state and federal officials, including those at the Federal Trade Commission, to set the record straight on scams and other falsehoods related to the hurricane.