Fashion Nova owes customers $2.4 million after hiding negative reviews, feds say
In March 2022, Fashion Nova agreed to pay $4.2 million to settle accusations that it tried hiding negative customer reviews, ...
Justice Department sues to block $14 billion Juniper buyout by Hewlett Packard Enterprise
U.S. government regulators sued to block Hewlett Packard Enterprise’s $14 billion acquisition of rival Juniper Networks on ...
DeepSeek Is Not a Good Reason for Big Tech to Become More Powerful
DeepSeek’s disruption signals that the U.S. needs more competition, not Big Tech dominance, to be the world's AI leader ...
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Pharmacy benefit managers levy 'very significant markups' on drug prices for $7.3B payday
Pharmacy benefit managers overcharged for specialty generic medications — in many cases by hundreds and thousands of percent ...
Biden’s FTC launched last-minute Uber, Lyft probe over alleged collusion in stiffing NYC drivers
The Federal Trade Commission reportedly launched a last-minute probe into whether Uber and Lyft illegally colluded to keep ...
U.S. Appeals Court Throws Out Biden’s Consumer Protections For Car Buyers
A U.S. appeals court tossed out rules put in place by the Biden administration that barred auto dealers from imposing ...
FTC to refund Fashion Nova customers $2.4M
The Federal Trade Commission is sending $2.4 million in refunds to Fashion Nova customers after the agency said the fast fashion company blocked negative product reviews, according to a press release ...
Is AI Moving Too Fast or Is Regulation?
Legislators are trying to get ahead of AI by passing bills. It’s an effort to right the wrong of supposedly taking a ...
FTC: Identity theft victims lost more than $10 billion in 2024
LAS VEGAS, Nev. (FOX5) - The Federal Trade Commission got more than a million reports of identity theft last year. Those ...
Who is Lina Khan, the outgoing FTC chair who took on Silicon Valley? The Biden-appointee challenged Jeff Bezos’ Amazon and Mark Zuckerberg’s Meta during her t…
Lina Khan, the outgoing chair of the Federal Trade Commission, was appointed by US President Joe Biden to lead the antitrust ...
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Prime Therapeutics ordered to pay $10 million for price fixing
Eagan-based Prime Therapeutics has been ordered to pay $10 million in damages after federal arbitration found it engaged in ...
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U.S. Court Dumps FTC Rules To Ban Car Dealer Junk Fees, Bait-And-Switch Tactics
The 5th Circuit Court of Appeals has dumped an FTC rule, the Combating Auto Retail Scams, or CARS, rule, protecting against car dealer fees and bait-and-switch.