You Searched For "ftc act" and got 20 results
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2 mins read
Lyft agrees to pay $2.1 million penalty after FTC says company made 'deceptive' claims about how much drivers can earn
The US Department of Justice filed a lawsuit against Lyft on Friday, and the rideshare company agre…
Lauren Edmonds
3 mins read
Microsoft engineer sounds alarm on company's AI image generator in letter to FTC
A Microsoft employee wrote a letter to the FTC after learning that his employer's AI image generato…
Aaron Mok
3 mins read
Amazon's Project Iliad: The juiciest highlights from the FTC's Prime lawsuit
The FTC sued Amazon on Wednesday, alleging the company duped consumers who were trying to cancel th…
Eugene Kim,Yeji Jesse Lee
5 mins read
The Federal Trade Commission Act sets the guidelines underpinning the FTC's consumer-protection enforcement
The FTC established the Federal Trade Commission, which protects consumers against unfair and decep…
Jake Safane
2 mins read
The FTC's proposed ban on noncompete agreements could create a world of opportunity for entrepreneurs
Noncompete clauses are the terms many employers put in worker contracts to prevent them from going …
Jennifer Ortakales Dawkins
2 mins read
Activists just wiped out nearly $16 million in private student loans for students who attended a now-defunct for-profit college
After wiping out private student loans for Vista College students, the Debt Collective is planning …
Ayelet Sheffey
2 mins read
Biden appoints FTC and FCC acting directors in move that signals a more aggressive approach to regulating big tech
Biden selected Rebecca Kelly Slaughter and Jessica Rosenworcel to lead the two agencies most respon…
Tyler Sonnemaker
7 mins read
13 lawmakers have recently owned stock in TurboTax's parent company, which the federal government is probing over its 'deceptive' advertising for 'free' tax-filing software
Intuit has fought for decades to make it harder for Americans to be able to file their taxes for fr…
Brent D. Griffiths
2 mins read
A for-profit medical school accused of 'lying' to students agreed to provide $1.2 million in student-debt cancellation and refunds, FTC says
Caribbean-based Saint James School of Medicine said "we strongly disagree" but don't want a "length…
Ayelet Sheffey
2 mins read
FTC sues Walmart after claiming that it deceptively advertised some of its products as 'made from bamboo'
The Federal Trade Commission alleged that bedding and towels sold by Walmart were described as bein…
Zahra Tayeb
2 mins read
Americans were catfished out of $547 million in 2021
Cryptocurrencies were increasingly used in romance scams, the Federal Trade Commission said. The me…
Ben Winck
2 mins read
Frank, the college loan start-up JPMorgan is suing for fraud, was warned by the FTC for misleading students about Covid relief money
The FTC's warning was at least the second time Frank and founder Charlie Javice were accused of mis…
Katherine Long
1 min read
More than 140,000 Amazon drivers are getting back nearly $60 million in illegally withheld tips. At least one driver will receive more than $28,000.
Amazon Flex drivers included in the settlement will receive checks for $422 each on average, the Fe…
Isobel Asher Hamilton
2 mins read
Fortnite's creator will pay a record $520 million FTC fine over allegations it took kid's private data and put them in danger
The FTC also accused Fortnite creator Epic Games of switching kid's voice features on by default, e…
Jake Epstein
2 mins read
New Jersey brothers who made 60 million robocalls to sell cesspool cleaners must pay $1.66 million penalty
Federal attorneys announced a large settlement with three siblings who made millions of robocalls, …
Kevin Shalvey
2 mins read
Biden's executive order aims to stop businesses suppressing workers' wages
Biden's order, which will focus on promoting economic competition, will aim to give workers more ch…
Grace Dean,Anna Cooban
3 mins read
The FTC wants to ban companies from telling their employees they can't work for competitors — and says it'll help workers make $300 billion more a year
Noncompete clauses in employment contracts are one way employers can hold power over workers and ke…
Juliana Kaplan
2 mins read
Americans, ready to book vacations again, could be prime targets for scammers, and 2 senators want more protections for travelers
Sens. Amy Klobuchar and Steve Daines are asking the FTC to help Americans "recognize travel scams" …
Áine Cain
2 mins read
FTC sends out nearly $50 million to former University of Phoenix students from 2019 settlement
The new FTC payments are part of a record $191 million settlement with the University of Phoenix fr…
Ayelet Sheffey
2 mins read
AT&T says its customers will no longer be able to stream HBO Max for free, citing California's net neutrality law
The California net neutrality law bans "zero-rating" or "sponsored data" plans that allow ISPs to e…