FTC investigates AI partnerships for security concerns. Companies face data requests with a 45-day deadline. Tech collaborations prompt investor scrutiny. In a significant move, the U.S. Federal Trade Commission (FTC) has initiated an antitrust investigation targeting major technology companies, including OpenAI, Microsoft, Alphabet, Amazon, and Anthropic. The focus of the inquiry is on recent investments … Read more
DOJ, FTC discuss OpenAI’s Microsoft deal probe. $10B Microsoft investment prompts US, EU antitrust scrutiny. Jurisdiction dispute ongoing in Microsoft-OpenAI investigation. U.S. Department of Justice (DOJ) and the Federal Trade Commission (FTC) are reportedly engaged in discussions to determine which agency will investigate OpenAI on potential antitrust grounds. The focus of the probe centers on … Read more
U.S. Federal Trade Commission Streamlines Investigations of AI-Related Lawbreaking. FTC Announces Competition to Protect Consumers from Voice Cloning Fraud. FTC Commits to Protecting Consumers from AI-Powered Phishing Emails and Robocalls. The U.S. Federal Trade Commission (FTC) has taken a step towards more effectively addressing potential legal violations related to artificial intelligence (AI) applications. The agency … Read more
The FTC filed a lawsuit against the Meta Platforms. The matter went to trial in December. The order would end on Tuesday. On Tuesday, the US Federal Trade Commission urged a judge to halt Meta Platforms Inc’s acquisition of virtual reality software developer Within Unlimited while the parties awaited the court’s ruling. The FTC filed … Read more
The FTC is looking into how big pharmacy benefit managers affect prescription drug pricing. The costs of some medicines, even older ones like insulin, have skyrocketed. As part of the probe, the FTC is sending demands for information to CVS Caremark, Humana and others. The U.S. Federal Trade Commission is investigating what huge pharmacy benefit … Read more
Twitter will pay a $150 million fine and implement new measures to satisfy federal regulators’ charges that the social platform failed to protect users’ data privacy during a six-year period. On Wednesday, the Justice Department and the Federal Trade Commission announced a settlement with Twitter. Twitter is accused of violating a 2011 FTC ruling by … Read more
TikTok is accused of collecting children’s data in several complaints. A group of 20 consumer and child advocacy groups had filed a complaint with the Federal Trade Commission (FTC) on Thursday. TikTok had been accused of breaking the previous settlement the company reached with the FTC not to get the personal data of minors aged … Read more
