FTC News

Meta Must Face Trial After Judge Pares Some FTC Claims

Meta Platforms Inc. will face a somewhat scaled-back antitrust trial over its alleged dominance of social networking after a federal judge threw out some allegations by the U.S. Federal Trade Commission, but the heart of the case remains. In a …

FTC Sues Fintech App Dave Over Misleading $500 Cash Advance Ads

The U.S. Federal Trade Commission sued financial technology company Dave Inc. in Los Angeles on Tuesday, accusing it of luring users to its personal finance app by advertising cash advances of up to $500 that many never receive. Very few …

CarShield to Pay $10M to Settle Deceptive Advertising Charges

CarShield will pay $10 million to settle charges that its advertisements and telemarketing for its extended auto warranty plans are deceptive and misleading, the Federal Trade Commission said. Many customers found that repair claims were often not covered despite making …

FTC Ban on Worker Noncompete Agreements Delayed by Judge

A federal judge delayed implementation of the US Federal Trade Commission’s near-total ban on noncompete agreements, the first salvo in the high-stakes legal fight over how much freedom workers should have to switch jobs within an industry. US District Judge …

MGM Resorts Sues US FTC to Stop Investigation of Casino Hack

MGM Resorts International sued the Federal Trade Commission to stop an investigation into how it dealt with a cybersecurity attack last year. The company said the investigation deprives it of its fundamental due process rights and that FTC Chair Lina …

Federal Trade Commission Reports Nationwide Fraud Losses Topped $10B in 2023

Consumers reported losing more than $10 billion to fraud in 2023, marking the first time that fraud losses have reached that benchmark, and a 14% increase over reported losses in 2022, Newly released Federal Trade Commission data shows. Consumers reported …

FTC Privacy Settlement With Facebook Could Set Record

Facebook Inc. is in talks with U.S. regulators over alleged privacy violations that could force the social-media giant to pay billions of dollars in a record-breaking settlement, according to two people familiar with the matter. The U.S. Federal Trade Commission’s …

FTC Conducting Probe of Auto Lenders’ Kill Switches

A U.S. regulator is looking at whether auto finance companies that use sophisticated technology like ignition kill switches are illegally harassing subprime borrowers that have fallen behind on their payments. The Federal Trade Commission, a consumer protection agency, has asked …

Federal Appeals Court Rules That FTC has Power to Police Cybersecurity

A U.S. appeals court said the Federal Trade Commission has authority to regulate corporate cybersecurity, and may pursue a lawsuit accusing hotel operator Wyndham Worldwide Corp of failing to properly safeguard consumers’ information. The 3-0 decision by the 3rd U.S. …

FTC Member Says Lawsuits Focus on Cyber System Failures

One of the five commissioners of the Federal Trade Commission says her organization has investigated hundreds of cyber security breaches at companies across the country, but has only brought suit 53 times. FTC Commissioner Julie Brill, a Vermont resident who …