Federal Trade Commission

Report: Amazon Accused of Using Secret Algorithm to Raise Prices
Report: Amazon Accused of Using Secret Algorithm to Raise Prices
October 03, 2023  |  Amazon

The Federal Trade Commission (FTC) has reportedly alleged that Amazon used a secret algorithm code-named “Project Nessie” to test the limits of price increases while ensuring competitors would...

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FTC Strengthens Cooperation With Latin American Partners to Fight Fraud
FTC Strengthens Cooperation With Latin American Partners to Fight Fraud
September 29, 2023  |  Fraud Prevention

The Federal Trade Commission (FTC) has partnered with consumer protection authorities from four Latin American countries — Chile, Colombia, Mexico and Peru — to combat cross-border fraud....

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FTC Suit Accuses Amazon of Running Illegal Monopoly
FTC Suit Accuses Amazon of Running Illegal Monopoly
September 26, 2023  |  Amazon

The Federal Trade Commission (FTC) has sued Amazon, charging the retail giant with “illegally [maintaining] its monopoly power.” The antitrust lawsuit, filed Tuesday (Sept. 26)...

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Amazon Cancels Planned Fee for Merchants Not Using Its Shipping Services
Amazon Cancels Planned Fee for Merchants Not Using Its Shipping Services
September 20, 2023  |  Amazon

Amazon has canceled a planned fee on merchants who don’t use its shipping services. The fee, announced in August, was set to take effect Oct....

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FTC Alleges Amazon Executives Aware of Deceptive Practices Around Subscriptions
FTC Alleges Amazon Executives Aware of Deceptive Practices Around Subscriptions
September 20, 2023  |  Amazon

The Federal Trade Commission (FTC) has named three senior Amazon executives in an amended complaint, alleging their involvement in deceptive practices related to the company’s Prime program. The executives, Neil Lindsay, Russell...

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FTC’s Amazon Antitrust Suit Could Arrive This Month
FTC’s Amazon Antitrust Suit Could Arrive This Month
September 06, 2023  |  ANTITRUST

The Federal Trade Commission (FTC) is reportedly set to sue Amazon later this month. The antitrust suit, the result of a four-year probe into the mammoth retailer, is “likely”...

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Tackling AI With AI May Not Be Ideal. Not Yet, at Least.
Tackling AI With AI May Not Be Ideal. Not Yet, at Least.
August 31, 2023  |  Artificial Intelligence

As generative artificial intelligence (AI) grows by leaps and bounds, countermeasures to keep tabs on artificially generated content are emerging. The challenge for companies developing...

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Experian Consumer Services Faces $650,000 Fine for Spam Emails
Experian Consumer Services Faces $650,000 Fine for Spam Emails
August 14, 2023  |  Regulation

The Federal Trade Commission (FTC) is hitting Experian Consumer Services (ECS) with a $650,000 fine over charges that it sent its customers unsolicited emails without...

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Report: FTC to Meet with Amazon Ahead of Lawsuit
Report: FTC to Meet with Amazon Ahead of Lawsuit
August 07, 2023  |  Legal

Amazon could face the toughest challenge in its 30-year history as Federal Trade Commission (FTC) officials prepare to file an antitrust lawsuit against the retail giant. Representatives...

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