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The FTC scrambles to rescue its Meta break-up suit
Fortune· 8 hours agoFirst up is the Federal Trade Commission’s allegation that Facebook, as the company was called at the time, withheld information from the agency when the FTC was reviewing its acquisitions of ...
Are Bank Noncompete Agreements Safe?
The National Law Review· 2 days agoIt is important to note that financial institutions are not subject to FTC jurisdiction. Therefore, the ban would not currently apply to financial...
FTC Is Right to Crack Down on Auto Industry’s Data Collection
Bloomberg Law· 6 days agoThe Federal Trade Commission’s stance this month against the automobile industry’s collection of data is consistent with legal precedent and necessary from the standpoint of consumer protection ...
Democrats urge Justice Department to prosecute alleged collusion and price-fixing by oil industry
Sun-Sentinel· 7 days agoSenate Majority Leader Chuck Schumer and 22 other Democratic senators are calling on the Department...
OFCCP Week In Review: June 2024 | JD Supra
JD Supra· 2 days agoTrade Commission (“FTC”) against hiring technology vendor Aon alleging that Aon is deceptively marketing widely-used online hiring tests as “bias-free” even though, according to the ACLU, the ...
FTC provides annual report to CFPB regarding activities in 2023 under consumer financial services...
JD Supra· 7 days agoWhile the Dodd-Frank Act (“Dodd-Frank...
FTC preparing lawsuit over alcohol pricing
Politico via Yahoo Finance· 2 days agoThe FTC is targeting Southern Glazer’s Wine and Spirits, the largest U.S. alcohol distributor, with a Depression-era price discrimination law not used by the agency in more than 20 years.
Amended DOJ complaint targets Cerebral founder’s latest venture
Modern Healthcare· 1 day agoThe DOJ initially filed a complaint and announced a settlement with Cerebral, a digital mental health company, in April. The complaint alleged Cerebral and former CEO Robertson disclosed consumers ...
Navigating the FTC Rule to Ban Non-Competes: Crucial Answers for Inquiring Employers and Employees
The National Law Review· 5 days agoOn April 23, the U.S. Federal Trade Commission (FTC) voted to eliminate most non-compete clauses in employer-employee agreements. This rule is slated to become effective 120 days after its publication ...
Troutman Pepper Weekly Consumer Financial Services Newsletter - May 2024 # 4 | JD Supra
JD Supra· 7 days agoThe report highlights the FTC’s enforcement actions and initiatives under these laws and their...