PYMNTS-MonitorEdge-May-2024

FTC

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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CFPB to Call for Expansion of Regulation of Tracking and Selling Personal Data
CFPB to Call for Expansion of Regulation of Tracking and Selling Personal Data
August 15, 2023  |  Regulation

The Consumer Financial Protection Bureau (CFPB) will propose new regulations directed at companies that track and sell people’s personal data. The proposal will be announced Tuesday (Aug....

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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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Twitter Plans to Subpoena Sen. Warren in Legal Battle Against FTC
Twitter Plans to Subpoena Sen. Warren in Legal Battle Against FTC
July 20, 2023  |  Legal

Twitter is reportedly planning to issue to subpoena Sen. Elizabeth Warren in connection with its ongoing legal battle against the Federal Trade Commission (FTC). The social media platform plans to...

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FTC and DOJ Unveil Tougher Merger Oversight Rules
FTC and DOJ Unveil Tougher Merger Oversight Rules
July 19, 2023  |  Regulation

Federal regulators want the public’s input into new guidelines governing mergers. The Federal Trade Commission (FTC) and Department of Justice (DOJ) on Wednesday (July 19) unveiled long-awaited updates to the government’s...

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FTC’s OpenAI Investigation Reveals Best-Practice Guidelines for Data Teams 
FTC’s OpenAI Investigation Reveals Best-Practice Guidelines for Data Teams 
July 18, 2023  |  artificial intelligence

Countless terabytes of data collected daily are continually streamlining and simplifying today’s business landscape.  We are truly living within the information economy.  And the unsung...

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