PYMNTS-MonitorEdge-May-2024

FTC

Both DOJ and FTC Want to Open Antitrust Probe of Microsoft/OpenAI Ties
Both DOJ and FTC Want to Open Antitrust Probe of Microsoft/OpenAI Ties
January 21, 2024  |  artificial intelligence

A pair of federal agencies reportedly wants to investigate OpenAI’s relationship with Microsoft. The question is, which one: The Department of Justice (DOJ) or the Federal Trade Commission (FTC)?  A report Friday...

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Kroger-Albertson Merger Delays Let Smaller Grocers Live Another Day
Kroger-Albertson Merger Delays Let Smaller Grocers Live Another Day
January 16, 2024  |  Retail

With the looming merger between Kroger and Albertsons set to make it all the harder for smaller grocery chains to stand a fighting chance, delays...

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Judge Dismisses Lawsuit Against Kroger’s Proposed Acquisition of Albertsons
Judge Dismisses Lawsuit Against Kroger’s Proposed Acquisition of Albertsons
December 22, 2023  |  Acquisitions

A U.S. judge has dismissed a consumer lawsuit that alleged Kroger’s proposed acquisition of grocery chain operator Albertsons would lead to reduced competition and increased...

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FTC Seeks to Strengthen Rules Around Monetizing Children’s Data
FTC Seeks to Strengthen Rules Around Monetizing Children’s Data
December 20, 2023  |  Regulation

The Federal Trade Commission (FTC) has proposed changes meant to enhance children’s privacy and restrict companies’ ability to exploit children’s data for monetization purposes. The proposed changes...

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AI’s First Year: How Voice Reshaped the Conversational Ecosystem
AI’s First Year: How Voice Reshaped the Conversational Ecosystem
December 18, 2023  |  artificial intelligence

We live during one of the most connected periods of human history. And that is a trend that is only set to accelerate, particularly now...

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Credit Karma Co-Founder Nichole Mustard Leaving Company 
Credit Karma Co-Founder Nichole Mustard Leaving Company 
December 14, 2023  |  Personnel

Credit Karma co-founder and chief revenue officer Nichole Mustard is leaving the company.  Mustard, who was with the firm for over 16 years, is the third high-profile executive...

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FTC Raises Red Flags Over QR Codes and Fraud
FTC Raises Red Flags Over QR Codes and Fraud
December 07, 2023  |  Security & Fraud

Consumers who scan a QR code for what they think is a legitimate purpose could actually be giving their personal information to scammers. The Federal Trade...

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FTC Seeks to Reverse Court’s Approval of Microsoft’s Activision Acquisition
FTC Seeks to Reverse Court’s Approval of Microsoft’s Activision Acquisition
December 06, 2023  |  Acquisitions

The Federal Trade Commission (FTC) is reportedly continuing its legal battle to challenge Microsoft’s acquisition of Activision Blizzard, the maker of popular video game franchise...

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FTC Launches Claims Process for False Credit Karma ‘Preapprovals’
FTC Launches Claims Process for False Credit Karma ‘Preapprovals’
December 05, 2023  |  Consumer Finance

The Federal Trade Commission (FTC) says it wants to help consumers hurt by misleading “preapproval” Credit Karma offers. The FTC announced Tuesday (Dec. 5) that...

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