Federal Trade Commission News
The Federal Trade Commission is a US agency that enforces consumer protection and competition laws.
FTC seeks contempt ruling against Martin Shkreli
The FTC and seven states allege Martin Shkreli violated his lifetime pharmaceutical-industry ban by trading pharma stocks and commenting publicly on companies. They are asking a judge to hold him in contempt.
FTC investigates OpenAI and Anthropic for consumer risks
The FTC has launched an investigation into OpenAI, Anthropic, and other AI firms to assess potential risks their technologies pose to consumers. This marks the first official US enforcement action regarding concerns over rogue AI agents.
US sues Amazon over alleged ad fraud
The US Federal Trade Commission (FTC) and 22 states have filed a lawsuit against Amazon, accusing the e-commerce giant of defrauding advertisers with hidden fees and secret surcharges. The suit alleges Amazon generated billions in unlawful profits by misleading businesses about advertising costs.
The Federal Trade Commission is a US agency that enforces consumer protection and competition laws.