FTC

Amazon’s One Medical Acquisition Investigated by FTC
Amazon’s One Medical Acquisition Investigated by FTC
September 04, 2022  |  Acquisitions

The Federal Trade Commission is examining Amazon’s deal to purchase One Medical for $3.9 billion, with the company operating clinics in several U.S. markets. One...

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FTC Fines Credit Karma $3M for False Pre-Approvals
FTC Fines Credit Karma $3M for False Pre-Approvals
September 01, 2022  |  Legal

The Federal Trade Commission (FTC) says it has ordered personal finance company Credit Karma to pay a $3 million penalty for telling consumers they were...

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FTC Sues Data Broker Kochava Over User Data Sale
FTC Sues Data Broker Kochava Over User Data Sale
August 29, 2022  |  Data

The Federal Trade Commission has filed a lawsuit against data broker Kochava for selling geolocation data that could be used to trace individuals’ movements, a...

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Walmart Says FTC Lawsuit Over Money Transfers Is ‘Overreach’
Walmart Says FTC Lawsuit Over Money Transfers Is ‘Overreach’
August 29, 2022  |  Legal

Walmart on Monday (Aug. 29) asked a federal court to dismiss a Federal Trade Commission lawsuit against the retailer, calling the case “an egregious instance...

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FTC Sends $9.7M in Fee Refunds to LendingClub Customers
FTC Sends $9.7M in Fee Refunds to LendingClub Customers
August 12, 2022  |  Legal

The Federal Trade Commission (FTC) is sending over $9.7 million in payments to 61,990 customers who the FTC said were charged hidden fees from LendingClub,...

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FTC Probes $200M Bitmark Crypto Hack
FTC Probes $200M Bitmark Crypto Hack
August 11, 2022  |  Regulation

In what is its first investigation into cryptocurrency markets, the Federal Trade Commission (FTC) is looking into the Bitmark currency exchange over the December 2021...

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FleetCor Says It Will Appeal Court’s Decision in Fuel Card Case Brought by FTC
FleetCor Says It Will Appeal Court’s Decision in Fuel Card Case Brought by FTC
August 10, 2022  |  Legal

Global business payments company FleetCor has announced that it will appeal the ruling in a case involving the company’s fuel card business in the U.S....

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FTC Lawsuit Prompts Meta to Pause Acquisition of VR Firm Within 
FTC Lawsuit Prompts Meta to Pause Acquisition of VR Firm Within 
August 05, 2022  |  Meta

With a lawsuit from the Federal Trade Commission (FTC) hanging over its head, Facebook’s parent company Meta is pausing its planned acquisition of the virtual...

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Meta Metaverse Weekly: Are Mark Zuckerberg’s Ambitions Missing the Mark?
Meta Metaverse Weekly: Are Mark Zuckerberg’s Ambitions Missing the Mark?
August 04, 2022  |  Metaverse

With his metaverse dreams some seven to 10 years off, Meta CEO Mark Zuckerberg had to know that shareholders were in for a long, bumpy...

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