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New FTC Data Shed Light on Companies Most Frequently Impersonated by Scammers

Best Buy/Geek Squad, Amazon, PayPal are most frequently impersonated; scammers that steal money using gift cards most often ask for Apple and Target cards New data from the Federal Trade Commission shows that Best Buy/Geek Squad, Amazon, and PayPal are the companies people report scammers impersonate most often.View Press Release

Fri May 24, 2024 16:20
FTC and DOJ Seek Info on Serial Acquisitions, Roll-Up Strategies Across U.S. Economy

Agencies launch public inquiry to identify serial acquisitions, roll-ups that have harmed competition, consumers, workers, and innovation The Federal Trade Commission and the Justice Department’s (DOJ) Antitrust Division jointly launched a public inquiry to identify serial acquisitions and roll-up strategies throughout the economy that have led to...

Thu May 23, 2024 19:04
Statement Regarding the Termination of Altus Group’s Proposed Acquisition of Situs Group’s Commercial Real Estate Valuation Services Business

Altus Group Limited (Altus) recently announced it terminated its efforts to acquire Situs Group LLC’s (Situs) commercial real estate valuation and advisory services business, REVS. In response, FTC Deputy Director of the Bureau of Competition, Kyle Mach, issued the following statement:View Press Release

Tue May 21, 2024 21:15
FTC Finalizes Order with Blackbaud Related to Allegations the Firm’s Security Failures Led to Data Breach

The Federal Trade Commission has finalized an order against Blackbaud Inc. settling allegations that its lax security practices allowed a hacker to breach the company’s network and access the personal data of millions of consumers including Social Security and bank account numbers.View Press Release

Mon May 20, 2024 18:09
FTC Announces Tentative Agenda for May 23 Open Commission Meeting

Today, Federal Trade Commission Chair Lina M. Khan announced that an open meeting of the Commission will be held virtually on Thursday, May 23, 2024. The open meeting will commence at 1 pm ET and will begin with time for members of the public to address the Commission.The following items will be on the tentative agenda for the May 23 Commission meeting:View...

Thu May 16, 2024 18:10
FTC Releases Fiscal Year 2023 Annual Report

Report highlights FTC staff’s work to protect consumers and promote competition Following Public Service Recognition Week, the Federal Trade Commission released its Fiscal Year 2023 Annual Report outlining the agency’s work to protect consumers and promote competition.View Press Release

Wed May 15, 2024 18:03

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