Search Results for: FTC

The US Federal Trade Commission (FTC) has initiated proceedings towards making new rules regulating consumer data privacy, the board announced Thursday. The commission, led by Chair Lina Khan, released an Advance Notice of Proposed Rulemaking (ANPR), outlining a plan to create nationwide data privacy regulations and investigate “unfair and deceptive” data practices to which many [...]

US representatives Tuesday unveiled new legislation which would subject airlines to penalties for selling tickets or delaying or canceling flights when they know they do not have sufficient staff to safely conduct the flight. Jan Schakowsky (D-IL) and David Cicilline (D-RI) unveiled the Ensuring Friendly Skies for Passengers Act to empower the Federal Trade Commission [...]

A US federal judge has granted a request by prosecutors to dismiss wire fraud charges against former Uber Chief Security Officer Joseph Sullivan. Judge James Donato signed the dismissal, and the case is in the US District Court for the Northern District of California, San Francisco Division. A federal grand jury charged Sullivan for his [...]

The US Senate Committee on Commerce, Science and Transportation Wednesday approved two bills that would expand the safety and privacy accorded to children and teenagers on commercial electronic platforms.  The move is seen as a response to concerns over algorithms used by social media platforms such as TikTok, Snapchat and YouTube. The first bill, the [...]

The US Chamber of Commerce has filed a lawsuit against the Federal Trade Commission (FTC) claiming that the FTC has taken “unlawful and self-aggrandizing actions,” including counting votes from departed commissioners and coordinating with foreign governments, and unlawfully withholding internal records of these actions from the public. The US Chamber, a business lobbying group, made [...]

US Senate Intelligence Committee members Tuesday called for the US Federal Trade Commission (FTC) to investigate social media platform TikTok and its Chinese parent company ByteDance for invading the privacy of its users. The members accuse the companies of repeatedly allowing company engineers and executives located in China access to private US users’ data, despite [...]

The US Federal Trade Commission (FTC) launched an investigation Tuesday into the US’s ongoing infant formula shortage. The FTC’s inquiry includes soliciting public comments regarding “factors that may have contributed to the infant formula shortage during the recall of certain Abbott formula products beginning in February 2022 as well as its impact on families and [...]

The US House of Representatives Thursday passed the Consumer Fuel Price Gouging Prevention Act by a vote of 217 – 207. Representative Kim Schrier (D-WA) and Katie Porter (D-CA) introduced the Consumer Fuel Price Gouging Prevent Act earlier this month to address increased prices of gasoline and home fuel prices. The bill would allow the [...]

Former pharmaceutical executive Martin Shkreli was released from prison Wednesday after serving most of his seven-year sentence for securities fraud. A federal judge banned Shkreli from the pharmaceutical industry for life in January following Shkreli’s use of illegal tactics to keep other Daraprim (pyrimethamine) drug manufacturers from the drug market. Shkreli began his activities in [...]

The Senate recently confirmed antitrust attorney Jonathan Kanter to serve as Assistant Attorney General for the Department of Justice Antitrust Division. Google, which has a history of anti-competitive conduct running afoul of state, federal, and international regulators, promptly demanded that Kanter recuse himself from the Justice Department’s ongoing investigation of and litigation against Google, based [...]