WASHINGTON (AP) — President-elect Donald Trump on Tuesday named Andrew Ferguson as the next chair of the Federal Trade Commission. He will replace Lina Khan, who became a lightning rod for Wall Street and Silicon Valley by blocking billions of dollars’ worth of corporate acquisitions and suing Amazon and Meta while alleging anticompetitive behavior. It […]
Read MoreAntitrust enforcers with the Federal Trade Commission have opened a wide-ranging investigation into Microsoft’s business practices, starting a big legal project that an incoming Trump administration must take up or abandon. The FTC is investigating Microsoft’s cloud computing business and related product lines such as artificial intelligence and cybersecurity, according to a person who was […]
Read MoreNEW YORK (AP) — The devastation of Hurricanes Milton and Helene have opened the floodgates for people seeking disaster relief. Along with that comes the danger of fraud. The Federal Trade Commission, Department of Justice and the Consumer Financial Protection Bureau are all warning consumers to be wary of identity theft, price gouging and other […]
Read MoreNEW YORK (AP) — The Federal Trade Commission has ordered information from eight companies that the agency says offer products and services that use personal data to set prices based on a shopper’s individual characteristics. In a Tuesday announcement, the FTC said it was seeking to better understand the “opaque market” of “surveillance pricing” practices […]
Read More