The Federal Trade Commission (FTC) voted unanimously Thursday to increase scrutiny of pharmacy benefit managers that act as middlemen between drug companies and consumers in a renewed effort to combat soaring healthcare costs and drug prices. The five-member commission, including …
Twitter Inc. has agreed to pay $150 million to settle allegations it misused private information, like phone numbers, to target advertising after telling users the information would be used for security reasons, according to court documents filed on Wednesday. Twitter’s …
The NFL’s Washington Commanders denied several allegations of financial impropriety in a letter sent Monday to the U.S Federal Trade Commission. The 19-page letter — including testimony, emails and other documents — came as a response to the U.S. House …
The U.S. Federal Trade Commission said on Thursday that it would file a lawsuit aimed at stopping the merger of Rhode Island’s two largest health care providers, Lifespan Corp. and Care New England Health System. The agency, which voted unanimously …
New data show that more consumers than ever are falling prey to romance scammers. Consumers reported losing $547 million in 2021 alone. The Federal Trade Commission’s data spotlight shows that in 2021 reported losses to romance scammers were up nearly …
U.S. buyers of polluting Volkswagen AG vehicles received more than $9.8 billion in settlements, the Federal Trade Commission (FTC) said on Monday. Volkswagen agreed to offer to buy back or repair more than 550,000 polluting diesel U.S. vehicles after it …
The U.S. Supreme Court agreed on Thursday to decide whether the Federal Trade Commission can continue to require scam artists and firms that engaged in deceptive business practices to return money improperly obtained from consumers. The justices will hear the …
The Federal Trade Commission and U.S. Food and Drug Administration (FDA) have warned seven companies for allegedly selling unapproved products that may violate federal law by making deceptive or scientifically unsupported claims about their ability to treat coronavirus (COVID-19). The …
U.S. technology companies sent tens of thousands of documents to the House committee investigating whether they’re using their dominance to thwart competition, as the panel looks to develop recommendations by next year, its chairman said. Representative David Cicilline, who leads …
A group of more than 100 centrist Democratic House lawmakers is throwing its weight behind a privacy bill that has been praised by alliances of software and internet giants. The move is one of the first large-scale endorsements of a …
