# Press Release Feed

- FTC Announces Rule Changes Designed to Increase Oversight Effectiveness Over Horseracing Safety and Integrity Authority Proposed expansion of oversight rule adds transparency and clear guidelines for Authority; updates to budget provisions streamline oversight processThe Federal Trade Commission has proposed a number of changes and additions to the rules governing its oversight of the Horseracing Safety and Integrity Authority.View Press Release
- FTC and DOJ Update Guidance That Reinforces Parties’ Preservation Obligations for Collaboration Tools and Ephemeral Messaging The Federal Trade Commission and Justice Department today announced that both agencies are updating language in their standard preservation letters and specifications for all second requests, voluntary access letters, and compulsory legal process, including grand jury subpoenas, to address the increased use of collaboration tools and ephemeral messaging platforms in the modern workplace.View Press Release
- FTC Action Leads to $2 Million Penalty Against Kubota for False Made in USA Claims Penalty is largest ever in Made In USA caseTractor maker Kubota North America Corporation will pay a $2 million civil penalty as a result of a Federal Trade Commission action against the company for falsely labeling some of its replacement parts as being “Made in USA.”View Press Release
- FTC Sends Warning Letters to Funeral Homes After First Undercover Phone Sweep Staff found that some funeral homes provided inconsistent pricing information, while others failed to provide pricing entirelyThe Federal Trade Commission is sending warning letters to 39 funeral homes across the country after investigators conducted the agency’s first undercover phone sweep and discovered several violations of the Funeral Rule, including funeral homes that failed to provide accurate pricing information or failed View Press Release
- FTC Launches Inquiry into Generative AI Investments and Partnerships Agency Issues 6(b) Orders to Alphabet, Inc., Amazon.com, Inc., Anthropic PBC, Microsoft Corp., and OpenAI, Inc.The Federal Trade Commission announced today that it issued orders to five companies requiring them to provide information regarding recent investments and partnerships involving generative AI companies and major cloud service providers.View Press Release
- FTC Sues to Block Novant Health’s Acquisition of Two Hospitals from Community Health Systems Proposed acquisition would eliminate competition, increase health care costs in North Carolina’s Eastern Lake Norman AreaThe Federal Trade Commission today sued to block Novant Health, Inc.’s $320 million acquisition of two North Carolina hospitals from Community Health Systems, Inc. (“CHS”).View Press Release
- FTC Hosts Virtual Tech Summit on January 25 Focused on Artificial Intelligence WHAT: 	The Federal Trade Commission’s Office of Technology is hosting a virtual summit to discuss key developments in the rapidly evolving field of artificial intelligence.View Press Release
- FTC Acts to Stop FloatMe’s Deceptive ‘Free Money’ Promises, Discriminatory Cash Advance Practices, and Baseless Claims around Algorithmic Underwriting Order requires FloatMe to provide $3 million for refunds, clean up advertising, halt use of dark patterns to impede cancellation, and institute a fair lending programThe Federal Trade Commission is charging online cash advance provider FloatMe and its co-founders with using empty promises of quick and free cash advances to entice consumers to join its service, only to fail to deliver the promised advance amounts, make it difficult to cancel, and discriminate against consumers who receive public aView Press Release
- Statement on Second Circuit Order Upholding “Pharma Bro” Martin Shkreli’s Lifetime Ban Today, the United States Court of Appeals for the Second Circuit affirmed a district court ruling which ordered “Pharma Bro” Martin Shkreli to face a lifetime ban from participating in the pharmaceutical industry and found Shkreli liable for $64.6 million in disgorgement for his role in orchestrating an illegal anticompetitive scheme.View Press Release
- FTC Finalizes Order Requiring Old Southern Brass to Stop False Made In USA and Veteran Affiliation Claims Following a public comment period, the Federal Trade Commission finalized a consent order settling charges that Florida-based EXOTOUSA LLC, (doing business as Old Southern Brass) falsely claimed that certain company products were manufactured in the U.S, and that the company was veteran-operated and donated 10 percent of its View Press Release