Tag: federal_trade_commission
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FTC Mandates Divestiture in Aurobindo-Lannett Merger to Curb Drug Costs
The Federal Trade Commission has ordered Aurobindo Pharma Limited to divest four generic drug products as part of its $250 million acquisition of Lannett Company Inc., aiming to prevent higher drug costs for American patients.
BusinessLaw EnforcementHealthEconomyLegalMedical Science Federal Trade CommissionFTCAurobindo Pharma LimitedLannett Company Inc.generic drugsdrug costsdivestiture
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FTC Approves Final Consent Order for $848M Micromarket Kiosk Acquisition
The FTC has approved the final consent order for 365 Retail Markets LLC's $848 million acquisition of Cantaloupe Inc., merging the two largest micromarket kiosk providers to enhance food service operations.
Politics and GovernmentBusinessFederal GovernmentEconomyLegal Federal Trade Commission365 Retail Markets LLCCantaloupe Inc.AcquisitionMicromarket KiosksConsent OrderFood Service
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FTC Sues to Stop Sprawling Enterprise Operating Unlawful Subscription Schemes
The FTC secured a temporary court order against the Genesis Tech enterprise, comprising 15 corporations and eight individuals. They are accused of operating deceptive internet subscription schemes, billing consumers without authorization, and making cancellations difficult, prompting federal intervention.
Law EnforcementBusinessPolitics and GovernmentFederal GovernmentLegalEconomySocial Issues Federal Trade CommissionFTCGenesis TechSubscription SchemesConsumer ProtectionDeceptive PracticesFederal Court
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FTC Seeks Contempt Against Amare Global Over Unsubstantiated Health Claims
FTC files contempt motion against Amare Global and three individuals, including Shawn Talbott, for allegedly violating a prior order. The action concerns unsubstantiated health claims in the marketing of dietary supplements for children and adults.
Politics and GovernmentHealthBusinessLaw EnforcementFederal GovernmentLegalMedical ScienceSocial Issues Federal Trade CommissionAmare Global HoldingsDietary SupplementsHealth ClaimsContempt MotionShawn TalbottUnsubstantiated Claims
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FTC Finalizes Consent Order in Sevita, BrightSpring Acquisition
The FTC has finalized a consent order for Sevita Health's acquisition of BrightSpring Health Services Inc.'s community living business. This action concludes the regulatory review, addressing competitive concerns in the healthcare sector.
Politics and GovernmentBusinessFederal GovernmentEconomyLegal Federal Trade CommissionSevita HealthBrightSpring Health ServicesAcquisitionConsent OrderHealthcareMerger
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FTC Finalizes Order Against Illuminate Education Over Student Data Breach
The FTC has finalized an order against Illuminate Education Inc., mandating a robust data security program and data limits. This follows a major breach affecting millions of students' personal data, settling allegations of security failures.
Politics and GovernmentBusinessScience & TechnologyLaw EnforcementFederal GovernmentComputers and InternetLegalEducationSocial Issues Illuminate Education Inc.Federal Trade CommissionData BreachStudent DataData Security ProgramConsumer DataOrder
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DEI Consultancy Diversity Lab LLC Dissolves After FTC Investigation
Diversity Lab LLC, a for-profit DEI consultancy, has permanently ceased operations. The company dissolved after a Federal Trade Commission investigation, filing paperwork with the California Secretary of State, concluding its role as an 'architect' of DEI programs.
Politics and GovernmentBusinessLaw EnforcementFederal GovernmentLegalSocial IssuesEconomy Diversity Lab LLCFederal Trade CommissionDEI ProgramsBusiness DissolutionConsultancyInvestigationCalifornia Secretary of State
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FTC Seeks Public Comment on X Corp. Petition to Alter Twitter Settlement
The FTC is seeking public comment on X Corp.'s petition to modify or set aside its 2022 settlement order. This involves the former Twitter's use of account security data for targeted ads, highlighting ongoing regulatory oversight.
Politics and GovernmentBusinessLaw EnforcementFederal GovernmentLegalComputers and InternetEconomy Federal Trade CommissionX Corp.TwitterSettlement orderPublic commentRegulatory scrutinyAdvertising
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FTC Sues Amare Global Over Alleged Deceptive Health Claims and Earnings Misrepresentation
The FTC has sued Amare Global Holdings Inc. and its principals for allegedly misrepresenting dietary supplement health benefits for conditions like depression and ADHD, and for misleading potential earnings for "brand partners."
Politics and GovernmentHealthBusinessLaw Enforcement Federal Trade CommissionAmare Global Holdings Inc.Dietary SupplementsMultilevel MarketingHealth ClaimsConsumer ProtectionLawsuit
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FTC Mandates Divestiture for Ascension-AmSurg Merger Approval
The Federal Trade Commission has mandated Ascension Health divest multiple surgery centers to approve its $3.9 billion acquisition of AmSurg, aiming to protect patients from increased costs and reduced quality in outpatient surgery.
Politics and GovernmentBusinessHealthFederal GovernmentEconomyMedical ScienceLegal Federal Trade CommissionAscension Health AllianceAmSurg LLCHealthcareMergers and AcquisitionsOutpatient SurgeryAntitrust
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FTC Orders Cox Media Group, Firms to Pay $930,000 for Deceptive AI Marketing Claims
The FTC has ordered Cox Media Group and two firms to pay $930,000 for deceiving customers. They falsely claimed an AI service used smart device conversations for targeted ads, despite no consumer opt-in.
BusinessLaw EnforcementScience & TechnologyEconomyComputers and InternetLegalSocial IssuesDigital and Print Publishing Federal Trade CommissionCox Media GroupAI-powered marketingDeceptive practicesConsumer privacySettlementAdvertising
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FTC Warns Websites on TAKE IT DOWN Act Compliance
The Federal Trade Commission has issued warning letters to a dozen websites, urging compliance with the TAKE IT DOWN Act. This law mandates platforms provide a mechanism for removing nonconsensual intimate images within 48 hours of a valid request.
Politics and GovernmentLaw EnforcementFederal GovernmentLegalSocial Issues Federal Trade CommissionTAKE IT DOWN ActWarning LettersNonconsensual Intimate ImagesOnline PlatformsDigital RightsContent Removal
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Federal Court Sanctions Payment Processor Cliq $6.5 Million for Contempt
Payment processor Cliq Inc., formerly Cardflex, and its operators Andrew Phillips and John Blaugrund, face a $6.5 million sanction from a federal court. This follows a contempt finding for violating a 2015 order aimed at preventing consumer fraud, at the…
Politics and GovernmentBusinessLaw EnforcementFederal GovernmentLegalEconomySocial Issues Cliq Inc.Federal Trade CommissionPayment ProcessorConsumer FraudCourt OrderAndrew PhillipsJohn Blaugrund
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FTC Begins Enforcing TAKE IT DOWN Act
The FTC has started enforcing the TAKE IT DOWN Act, requiring platforms to remove nonconsensual intimate images upon victim request. A new FTC website allows individuals to file complaints against companies failing to comply with this critical privacy law.
Politics and GovernmentLaw EnforcementScience & TechnologyFederal GovernmentLegalComputers and InternetSocial Issues Federal Trade CommissionTAKE IT DOWN ActNonconsensual Intimate ImagesOnline PlatformsVictim SupportPrivacy
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IM Mastery Academy Lead Defendants to Surrender Nearly $90 Million in FTC Settlement
IM Mastery Academy's Chris and Isis Terry will surrender nearly $90 million in assets to settle FTC and Nevada charges. The settlement addresses allegations of false earnings claims used to promote their financial training and multi-level marketing scheme.
BusinessLaw EnforcementLegalEconomyEducationSocial Issues Federal Trade CommissionIM Mastery AcademyMulti-level marketingChris TerryIsis TerryNevadaFinancial Training
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FTC Chairman Urges Tech Companies to Comply with Take It Down Act by May 19
FTC Chairman Andrew N. Ferguson has reminded technology companies to comply with the Take It Down Act by May 19. The Act, supported by President Trump and First Lady Melania Trump, requires platforms to remove non-consensual intimate images, protecting victims…
Politics and GovernmentBusinessScience & TechnologyLaw EnforcementFederal GovernmentGeneral PoliticsComputers and InternetLegalSocial Issues Federal Trade CommissionAndrew N. FergusonTake It Down ActTechnology CompaniesDonald J. TrumpNon-consensual image sharingGovernment
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FTC Bans Data Broker Kochava from Selling Sensitive Location Data
The Federal Trade Commission is prohibiting data broker Kochava and its subsidiary from selling sensitive consumer location data without consent, settling allegations that the company sold data linked to hundreds of millions of mobile devices.
Politics and GovernmentScience & TechnologyBusinessLaw EnforcementFederal GovernmentComputers and InternetLegal Federal Trade CommissionKochavaLocation DataData BrokerData PrivacyTechnologyGovernment
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US and Japan Strengthen Ties on Competition Issues
The FTC, DOJ, and Japan Fair Trade Commission met in Washington to discuss competition issues, building on a long history of collaboration and aiming to benefit consumers and workers in both countries.
Politics and GovernmentBusinessTradeFederal GovernmentAsiaJapanLegal Federal Trade CommissionJapan Fair Trade CommissionAntitrustCompetitionAndrew N. FergusonAbigail SlaterEiji Chatani