FTC

Roomba maker hit with layoffs as Amazon calls off $1.7 billion cash deal

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An iRobot Roomba 980 vacuum cleaning robot is presented during a presentation in Tokyo, Tuesday, Sept. 29, 2015.
Amazon called off its $1.7 billion bid to buy iRobot, maker of the Roomba.

AP/Eugene Hoshiko

TurboTax can't keep advertising itself as 'free' when many people have to pay, FTC rules

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TurboTax software purchase cards hanging in a display at a Costco Warehouse in Pittsburgh.
The Federal Trade Commission has ruled that TurboTax maker Intuit engaged in deceptive practices by advertising services as "free."

Gene J. Puskar/AP

Rite Aid is banned from using facial recognition in its stores after the FTC said it falsely flagged thousands of shoppers as potential criminals

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A person walks out of a Rite Aid store on December 22, 2021 in Los Angeles, California.

Mario Tama/Getty Images

Americans could save $3.4 billion through a new rule preventing 'exploitative' fees when buying a new car, the FTC says

Tech Insider : Economy, Politics, Economy
Federal Trade Commission Chair Lina Khan prepares to testify before the House Judiciary Committee in the Rayburn House Office Building on Capitol Hill on July 13, 2023 in Washington, DC. The
Federal Trade Commission Chair Lina Khan prepares to testify before the House Judiciary Committee in the Rayburn House Office Building on Capitol Hill on July 13, 2023 in Washington, DC.

Chip Somodevilla/Getty Images

It sure looks like corporate America isn't afraid of Joe Biden anymore

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Joe Biden
President Joe Biden

Kevin Dietsch/Getty Images

The head of the FTC says she used ChatGPT to successfully contest a medical bill

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ftc chair Lina Khan

Michael M. Santiago/Getty Images

A simple way to fix search: Bright pink ads

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Google Logos in a pink color palette

Google, Tyler Le/Insider

Amazon used an algorithm to secretly prompt rival sites to raise prices, FTC alleges in antitrust lawsuit

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An Amazon worker moves boxes on Amazon Prime Day on July 11, 2023 in the East Village of New York City. Amazon holds the annual two-day event, where it offers shopping deals to Prime customers, in the middle of the summer. Amazon Prime Day has brought an estimated 10 billion dollars to the company in each of the last 3 years, as customers look to take advantage of discounts and quick shipping.

Forget the sell-off - Tech stocks have a 'springboard for growth' into 2024 that Wall Street has underestimated

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Animated bear and bull faces each other in front of stock charts
Are we in a bear or bull market? Here's how they compare

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The Big Yawn: You really think the FTC will win against Amazon?

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Lina Khan during a Senate meeting in April 2021.
Lina Khan during a Senate meeting in April 2021.

Graeme Jennings-Pool/Getty Images

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