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CVS, UnitedHealth, Cigna sue to block FTC case over insulin prices
The complaint is the latest move in a bitter legal fight between the U.S.'s three largest so-called pharmacy benefit managers, or PBMs, and the FTC.Business - CNBC - 4 days ago -
Number of older adults who lost $100,000 or more to fraud has tripled since 2020, FTC says
The number of older Americans who report losing more than $100,000 to fraud in a given year has more than tripled since 2020, according to the Federal Trade Commission, a trend that experts say ...Top stories - NBC News - 4 days ago -
Number of older adults who lost $100,000 or more to fraud has tripled since 2020, FTC says
Adults age 60 and older are especially devastated by big fraud losses because they have less scope to recover those funds.Business - CNBC - 5 days ago -
Meta must face trial in FTC antitrust lawsuit, judge rules
A federal judge ruled Wednesday that Meta must face trial in an antitrust case brought by the Federal Trade Commission (FTC) over the social media giant’s acquisitions of Instagram and WhatsApp. ...Politics - The Hill - November 13 -
How FTC Chair Lina Khan Became an Election Hot Topic
The Federal Trade Commission chair drew increasing political vitriol as the presidential vote neared. Her political future hangs in the balance.Business - The New York Times - November 5 -
FTC sends $2.5 million to Credit Karma customers
The settlement stems from allegations Credit Karma misled consumers into applying for credit offers.Top stories - CBS News - October 31 -
Ex-FTC Executive Singh Spared Prison for Role in Crypto Fraud
The former chief engineer at FTX cooperated extensively with prosecutors in their case against founder Sam Bankman-Fried.Business - Inc. - October 30 -
Lyft told drivers they could make more than $30 an hour. The FTC says it deceived them.
Lyft made “deceptive” earnings claims about how much money drivers could expect to make per hour and how much they could earn in special incentives, the Federal Trade Commission said Friday in ...Business - MarketWatch - October 25