FTC

FTC: Fraud Losses Surged 30% Last Year, Cost Consumers $8.8B
FTC: Fraud Losses Surged 30% Last Year, Cost Consumers $8.8B
March 01, 2023  |  Security & Fraud

Fraud has a price tag — and it keeps going up. As reported by the Federal Trade Commission last week, consumers lost $8.8 billion last...

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FTC Investigating but Won’t Block Amazon Acquisition of One Medical
FTC Investigating but Won’t Block Amazon Acquisition of One Medical
February 21, 2023  |  Amazon Acquisitions

Amazon can close its acquisition of One Medical without opposition from the Federal Trade Commission (FTC). The Wall Street Journal (WSJ) reported Tuesday (Feb. 21)...

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FTC Distributes $115M to Victims of MoneyGram Payment Fraud
FTC Distributes $115M to Victims of MoneyGram Payment Fraud
February 12, 2023  |  Security & Fraud

The federal government has reimbursed nearly 40,000 victims of fraud schemes processed by MoneyGram. According to a Friday (Feb. 10) Federal Trade Commission (FTC) news...

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Report: FTC Considering Targeting Amazon With Antitrust Lawsuit
Report: FTC Considering Targeting Amazon With Antitrust Lawsuit
February 03, 2023  |  ANTITRUST

The Federal Trade Commission (FTC) is reportedly considering an antitrust lawsuit against Amazon. The Wall Street Journal (WSJ) reported Friday (Feb. 3) that it is...

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FTC and GoodRX Settle Complaint Around Health Breach Notification Rule
FTC and GoodRX Settle Complaint Around Health Breach Notification Rule
February 01, 2023  |  Regulation

The Federal Trade Commission (FTC) has taken the first enforcement action under its Health Breach Notification Rule. The proposed order bars digital health platform GoodRX...

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FTC Unit Aids With Criminal Prosecutions of Scammers
FTC Unit Aids With Criminal Prosecutions of Scammers
January 30, 2023  |  Security & Fraud

When scammers took in $1.2 million from small businesses and nonprofits, the FTC acted. Because the Federal Trade Commission (FTC) is not authorized to bring...

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Food Price Spikes Could Be Criminalized as FTC Called to Investigate Eggs
Food Price Spikes Could Be Criminalized as FTC Called to Investigate Eggs
January 22, 2023  |  Economy

A farmers’ group wants the federal government to investigate a recent spike in egg prices. In a letter last week to Federal Trade Commission Chair...

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Mastercard Settles With FTC Over Sharing Data With Competing Networks
Mastercard Settles With FTC Over Sharing Data With Competing Networks
December 23, 2022  |  Regulation

The Federal Trade Commission (FTC) wants Mastercard to share card data with competing payment networks.  Under a proposed order announced Friday (Dec. 23), Mastercard will have to share with competing networks...

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Fortnite Game Creator to Pay $520M for Violating FTC Rules 
Fortnite Game Creator to Pay $520M for Violating FTC Rules 
December 19, 2022  |  Regulation

Fortnite game creator Epic Games will pay $520 million for violating two FTC rules.  The Federal Trade Commission (FTC) said in a Monday (Dec. 19)...

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