FTC Sues Prescription Drug Middlemen for Artificially Inflating …
WEB1 day ago · Today, the Federal Trade Commission brought action against the three largest prescription drug benefit managers (PBMs)—Caremark Rx, Express Scripts (ESI), and OptumRx—and their affiliated group purchasing organizations (GPOs) for engaging in anticompetitive and unfair rebating practices that have artificially inflated the list price of insulin drugs, impaired patients’ access to lower ...
FTC Staff Report Finds Large Social Media and Video Streaming …
WEB3 days ago · A new Federal Trade Commission staff report that examines the data collection and use practices of major social media and video streaming services shows they engaged in vast surveillance of consumers in order to monetize their personal information while failing to adequately protect users online, especially children and teens.
FTC Sends Refunds to Consumers Harmed by CafePress’s Data …
WEB4 days ago · The Commission’s interactive dashboards for refund data provide a state-by-state breakdown of refunds in FTC cases. In 2023, FTC actions led to $330 million in refunds to consumers across the country. The Federal Trade Commission works to promote competition and protect and educate consumers. The FTC will never demand money, make threats ...
Press Releases - Federal Trade Commission
WEBFTC Announces Tentative Agenda for September 19 Open Commission Meeting. Date. September 12, 2024. Today, Federal Trade Commission Chair Lina M. Khan announced that an open meeting of the Commission will be …
News and Events - Federal Trade Commission
WEBNews and Events. We strive to engage and inform consumers and businesses about the agency’s work to protect consumers and competition. Learn about the latest cases and other developments from our news releases, blogs, features, and event listings.
GameStop CEO Ryan Cohen to Pay Nearly $1 Million Penalty to …
WEB4 days ago · Any person may submit written comments concerning the proposed settlement during a 60-day comment period to Maribeth Petrizzi, Special Attorney, United States, c/o Federal Trade Commission, 600 Pennsylvania Avenue, NW, Washington, DC 20580 bccompliance@ftc.gov. At the conclusion of the 60-day comment period, the …
FTC Announces Rule Banning Noncompetes | Federal Trade Commission
WEBApr 23, 2024 · Today, the Federal Trade Commission issued a final rule to promote competition by banning noncompetes nationwide, protecting the fundamental freedom of workers to change jobs, increasing innovation, and fostering new business formation.
FTC Expands Patent Listing Challenges, Targeting More Than 300 …
WEBApr 30, 2024 · Today, the Federal Trade Commission expanded its campaign against pharmaceutical manufacturers’ improper or inaccurate listing of patents in the Food and Drug Administration’s (FDA) Orange Book, disputing junk patent listings for diabetes, weight loss, asthma, and COPD drugs, including Novo …
News - Federal Trade Commission
WEBStay up to date on the latest FTC news releases announcing law enforcement actions, events, and research and advice on important consumer issues. Explore the views of the FTC Chair and Commissioners by reading their latest public remarks.
FTC Orders Shut Down Unauthorized Billing and Credit Card …
WEB5 days ago · At the request of the Federal Trade Commission, a federal court today approved settlements that will require the forfeiture of assets valued at about $40 million from a group of defendants who allegedly defrauded consumers nationwide by enrolling them, without their knowledge, into continuity plans for CBD and keto-related products that they did not agree to buy.