Government Agencies FTC

  • An incoming call is labeled as Scam Likely on a T-Mobile phone

    Americans received a record 5.66 billion robocalls last month, prompting carriers, lawmakers and start-ups to boost efforts to block calls and catch scammers.

  • Robocalls are at an all-time high. On average, Americans received more than 2,000 robocalls every second in October, up 25% from the previous month. With 49 billion robocalls so far this year, all four major U.S. phone carriers now offer some form of blocking or screening service, such as T-Mobile's well known "Scam Likely" label. Congress and state officials passed new robocall regulations in recent months and hundreds of tech start-ups are developing new ways to tackle the problem.

  • WASHINGTON, Nov 15- Bristol-Myers Squibb Co and Celgene Corp have won U.S. antitrust approval for their merger on condition that they sell Celgene's psoriasis drug Otezla, the Federal Trade Commission said in a statement on Friday. The proposed divestiture is the largest that the FTC or the U.S. Department of Justice have ever required in a merger enforcement...

  • WASHINGTON, Nov 15- Bristol-Myers Squibb Co and Celgene Corp have won U.S. antitrust approval for their merger on condition that they sell Celgene's psoriasis drug Otezla, the Federal Trade Commission said in a statement on Friday.

  • DreamWorks Premiere of Catch Me If You Can

    Former con artist Frank Abagnale from "Catch Me If You Can" now helps others avoid getting scammed. He personally does not use social media but says if you do, there are three things you should never post on any of your profiles.

  • Nov 13- The Federal Trade Commission has initiated a preliminary inquiry on Visa Inc and Mastercard Inc for possibly prohibiting merchants from using other debit networks, Bloomberg Law reported on Wednesday, citing sources. The regulator is looking into whether Visa, Mastercard and other large debit card issuers are blocking retailers from routing card...

  • WASHINGTON, Nov 8- Benco Dental Supply Co and Patterson Companies Inc have decided not to appeal a judge's decision that they violated antitrust law by declining to compete for the business of buying groups, the Federal Trade Commission said on Friday. The FTC accused the companies, two of the three largest U.S. full-service distributors of dental supplies...

  • WASHINGTON, Nov 8- Benco Dental Supply Co and Patterson Companies Inc have decided not to appeal a judge's decision that they violated antitrust law by declining to compete for the business of buying groups, the Federal Trade Commission said on Friday. The FTC accused the companies, two of the three largest U.S. full-service distributors of dental supplies...

  • Nov 5- Tinder-owner Match Group Inc beat Wall Street estimates for third-quarter revenue on Tuesday, as more users signed up on its online dating platforms. The results come at a time when Match faces stiff competition from rivals, including Facebook Inc's recently launched dating service in the United States, and amidst a U.S. Federal Trade Commission...

  • WASHINGTON, Nov 5- AT&T will pay $60 million to resolve U.S. allegations it misled millions of smartphone customers by charging them for "unlimited" data plans but reducing data speeds if they used too much, the Federal Trade Commission said on Wednesday. Andrew Smith, director of the FTC's Bureau of Consumer Protection, said AT&T made promises it did not keep.

  • Juul Labs signage is seen in the window of a store in San Francisco, June 25, 2019.

    The Federal Trade Commission is scrutinizing Marlboro maker Altria's role in the resignation and replacement last month of the CEO of embattled e-cigarette maker Juul, the tobacco giant said Thursday in a regulatory filing.

  • Ad sales jumped about 28% to $17.38 billion in the third quarter, above analysts' average estimate of $17.09 billion, according to IBES data from Refinitiv. Facebook, which has agreed to pay $5 billion to settle a U.S. Federal Trade Commission data privacy probe, has warned that new rules and product changes to protect users' privacy would slow its revenue growth...

  • WASHINGTON, Oct 24- The Federal Trade Commission staff reviewing Roche's plan to buy U.S.-based gene therapy specialist Spark Therapeutics for $4.3 billion recommended that the deal be approved without requiring any asset sales, the Capitol Forum reported on Thursday. Following the staff's recommendation, officials at the top of the FTC's Bureau of...

  • Attorneys weigh in on what you need to know before posting a negative review.

  • CNBC's Ylan Mui reports on the New York Attorney General's meeting with the Department of Justice and Federal Trade Commission officials on the probe of Facebook.

  • WASHINGTON, Oct 7- A bipartisan group of state attorneys general, including New York Attorney General Letitia James, met Monday with U.S. The meeting comes after Reuters and other outlets reported on Sept. 25 that the Justice Department would open an antitrust investigation into Facebook, which also faces probes by the Federal Trade Commission and the House of...

  • WASHINGTON, Oct 3- The U.S. Federal Trade Commission has ordered a half-dozen e-cigarette companies to turn over sales and advertising data, the federal regulator said on Thursday, in the first sign of a likely probe into their marketing practices. The order was sent to JUUL Labs Inc, RJ Reynolds Vapor Company, Fontem US Inc, Logic Technology Development LLC, Nu Mark...

  • WASHINGTON, Oct 3- The U.S. Federal Trade Commission has ordered a half-dozen e-cigarette companies to turn over sales and advertising data, the federal regulator said on Thursday, in the first sign of a likely probe into marketing practices by the companies. The order was sent to JUUL Labs Inc, RJ Reynolds Vapor Company, Fontem US Inc, Logic Technology Development...

  • A smoker is engulfed by vapors as he smokes an electronic vaping machine

    The Federal Trade Commission is probing the marketing practices of six major e-cigarette makers, ordering them to turn over reams of data by Jan. 2.

  • WASHINGTON, Sept 25- The U.S. Justice Department will open an antitrust investigation of Facebook Inc, a person familiar with the matter said on Wednesday, marking the fourth recent antitrust probe of the social media company. Facebook also faces probes by the Federal Trade Commission, a group of state attorneys general led by New York and the House of...