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INSANE: 8 | Vintage Vibes

New York governor vetoes bill that would ban noncompete agreements

New York Gov. Kathy Hochul has vetoed a bill days before Christmas that would have banned noncompete agreements, which restrict workers’ ability to leave their job for a role with a rival business

The Independent UK

SCOTUS hears oral argument in constitutional challenge to SEC enforcement proceedings

The Checks and Balances Letter delivers news and information from Ballotpedia’s Administrative State Project, including pivotal actions at the federal and state levels related to the separation of powers, due process, and the rule of law.

Ballotpedia

March-in rights are key to Biden’s push to lower excessive drug prices

Agencies like the Department of Health and Human Services can now consider whether a drug is priced so high that it’s basically out of reach to millions of Americans.

Fortune

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FTC Proposes Sweeping Changes to Protect Children's Online Privacy

Get ready for changes in children's online privacy! The FTC proposes new rules to protect kids from targeted ads, limit push notifications, and safeguard t...

Top News

FTC proposes strengthening children's online privacy rules to address tracking, push notifications

The Federal Trade Commission is proposing sweeping changes to a decades-old law that regulates how companies can track and advertise to children, including turning off targeted ads to kids under 13 by default

The Independent UK

QR code scams put personal data at risk, FTC warns

Some of the ways scammers have used QR codes are by placing fraudulent QR codes on parking meters or by posing as legitimate businesses.

Chicago Sun-Times

How many spam phone calls do Americans receive?

In 2022, the government’s National Do Not Call Registry reported a five-year low in complaints about unwanted calls.

USAFacts

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FTC opens inquiry of Chevron-Hess merger, marking second review this week of major oil industry deal

The Federal Trade Commission is investigating Chevron’s acquisition of Hess oil company, the second inquiry the independent agency has opened this week of a major oil industry merger

The Independent UK

Federal Trade Commission is investigating ExxonMobil's $60B deal to acquire a Texas oil company

Security filings show the Federal Trade Commission is investigating ExxonMobil’s $60 billion deal to acquire a Texas oil company, potentially one the largest energy industry mergers in two decades

The Independent UK

Facebook parent Meta sues the FTC claiming 'unconstitutional authority' in child privacy case

The parent company of Instagram and Facebook has sued the Federal Trade Commission in an attempt to stop the agency from reopening a 2020 privacy settlement with the company that would prohibit it from profiting from data it collects on users under 18

The Independent UK

FTC warns food industry trade groups and influencers about disclosures on paid social media posts

The Federal Trade Commission says it issued warnings to two food and beverage industry groups, as well as to a dozen online influencers and dieticians for failing to adequately disclose paid social media posts that promoted a sweetener and sugary products

The Independent UK

Business lobby attacks as New York nears a noncompete ban, rare in the US

A proposed ban on noncompete agreements has come under a fierce attack by business groups in New York

The Independent UK

How to talk to older people in your life about scams

Last year, consumers lost $8.8 billion to scammers, and the Federal Trade Commission says older adults lost the most money compared to other age groups

The Independent UK

Amazon used an algorithm to essentially raise prices on other sites, the FTC says

A newly unredacted portion of the Federal Trade Commission's antitrust lawsuit against Amazon says the company used a secret algorithm that essentially helped the company raise prices on other online sites

The Independent UK

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WEKU

Biden proposes a ban on 'junk fees' — from concert tickets to hotel rooms

A rule proposed by the Federal Trade Commission would outlaw hidden and "bogus" fees. Officials estimate that junk fees cost consumers at least $64 billion each year.

The Independent UK

FTC proposes a ban on 'junk fees' and says hidden charges push up prices

The Federal Trade Commission is proposing a rule to ban any hidden and bogus “junk” fees, which can mask the total cost of concert tickets, hotel rooms and utility bills

The Independent UK

The Amazon antitrust lawsuit is likely to be a long and arduous journey for the FTC

The Federal Trade Commission’s long-awaited antitrust lawsuit against Amazon is the most aggressive move it has taken yet to tame the market power of a company that’s become synonymous with online shopping and fast deliveries

The Independent UK

Amazon sued by FTC and 17 states over allegations it inflates online prices and overcharges sellers

The Federal Trade Commission and 17 state attorney generals filed an antitrust lawsuit against Amazon on Tuesday, alleging the e-commerce behemoth uses its position in the marketplace to inflate prices on other platforms, overcharge sellers and stifle competition

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The Independent UK

Kimberly Palmer: How to stay safe from financial scams

While there’s no way to guarantee you’ll completely avoid financial scams, there are steps you can take to reduce your chances of falling for one

The Independent UK

She ‘ruined’ her sister-in-law’s bachelorette party to avoid ‘scammers’. Who was in the wrong?

‘While I felt a bit bad about ruining her night, I did not feel bad about standing up to a scammer at all,’ she says

The Independent UK

People are defending a woman after she ‘ruined’ future sister-in-law’s bachelorette party to avoid ‘scammers’

‘While I felt a bit bad about ruining her night, I did not feel bad about standing up to a scammer at all,’ she says

Chicago Sun-Times

Consumers need protection from ChatGPT and other AI models

The Federal Trade Commission investigation of ChatGPT maker OpenAI is looking into issues such as the risk of data privacy breaches and errors created by artificial intelligence models.

WEKU

FTC investigating ChatGPT over potential consumer harm

ChatGPT sees its first hint of regulation as the federal agency requests documentation about its business practices.

The Independent UK

Twitter seeks end to US oversight of data use as FTC's Lina Kahn goes before House committee

Twitter wants a federal court to end an order imposed by the Federal Trade Commission that limits its data security practices

The Independent UK

House Republicans set to interrogate FTC's Khan over ethics, antitrust issues

House Republicans who say the Federal Trade Commission has been overzealous and politicized under President Joe Biden are set to interrogate agency head Lina Khan on Thursday

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