federal trade commission
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TikTok Is in Some Minority Report-Style Legal Trouble
Just months away from being banned in the U.S., the Federal Trade Commission (FTC) appears to be putting some salt in TikTok’s wound. The agency has issued a bizarre message about referring a complaint about the social media app to the Department of Justice (DOJ). The FTC issued a statement on Tuesday saying its investigations…
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U.S. Proposes New Rule to Shed Light on Concert Ticket Junk Fees
From Taylor Swift’s Eras Tour to Airbnbs in an expensive city, junk fees are everywhere and ruining our attempts to have fun. The Federal Trade Commission is proposing a new rule that would force businesses like ticket marketplaces and hotels to clearly list all the fees they’ll wind up charging customers. The FTC announced the…
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Monopoly-Busting Guidelines to Get Updated in the U.S., Could Trickle Down Under
In the wake of legal turmoil that has stalled—but not prevented—a merger between Microsoft and Activision, the Biden administration has opted to revisit the guidelines that the Justice Department and Federal Trade Commission will use to assess mergers and acquisitions under the lens of federal antitrust laws. The Department of Justice announced the update in…
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Companies Think Their Idiot Customers Will Accidentally Cancel Their Subscriptions if It’s Too Easy
Trade groups told the U.S. lawmakers a simple ‘Click-to Cancel’ proposal to easily quit subscriptions could actually lead customers to miss out on hot new deals.