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The lawsuit, joined by 22 state attorneys general, alleges Amazon collected more than $20 billion through undisclosed surcharges
The FTC was joined by a bipartisan group of 22 attorneys general, including officials from Alaska, Arizona, California, Florida, Idaho, Illinois, Indiana, Louisiana, New York, North Carolina, Pennsylvania, Rhode Island, South Carolina and Washington.
| Keywords | amazonftclawsuitlegalantitrusttech-regulationconsumer-protectioncaliforniafloridapoliticsjustice-departmentlitigationadvertisingbig-techeconomystatesattorney-general |
More than 1 million advertisers were affected, the suit says. The online retailer says the Federal Trade Commission’s claim “fundamentally misunderstands” how its ads work.
| Keywords | amazonftclawsuitantitrustadvertisingtechpoliticsbusinesslegalregulationmonopolyconsumer-protectionusacaliforniatech-regulationlitigationjustice-departmentlegal-battlebig-techeconomic-policy |
Regulators say the e-commerce giant forced millions of advertisers to pay more than they should have. The company denies the claims.
| Keywords | ftcamazonlawsuitlegalpoliticstechadvertisingbusinesscaliforniaeconomyjustice-departmentregulationtrumpus-governmentantitrustconsumer-protectionlitigationtech-regulationsocial-media |
The FTC is warning of timeshare exit scams. Sharon Sokol discussed her issue of not being able to exit her timeshare with attorney Andrew Meyer on "Sunday Agenda."
| Keywords | timeshare-scamsfraudlegallawyerconsumer-protectionftcscamnewsmaxsunday-agendafinancial-fraudlawsuit |
| Keywords | ftczillowredfineconomyconsumer-protectionreal-estatehousing-marketrenterspoliticsbusinesslegalantitrustus-governmentusa |
Redfin agreed to stay out of that specific business sector for up to 9 years
TikTok and its parent company ByteDance have agreed to pay $400 million to settle allegations of violating children's privacy.
TikTok and its Chinese parent company, ByteDance, have agreed to a $400 million settlement following a federal lawsuit that alleged that the platform had violated U.S. children’s online privacy laws. PULSE POINTS WHAT HAPPENED: TikTok and its Chinese parent company, ByteDance, have agreed to pay $400 million to settle allegations of violating children’s privacy. DETAIL: The announcement from the Department of Justice (DOJ) came on Friday. The agreement followed allegations that the platform had violated the Children’s Online Privacy Protection Act (COPPA) by collecting and retaining data from young users without parental consent. The lawsuit also alleged that the platform had knowingly permitted children to create accounts and…Open
WPATH invokes Supreme Court precedents upholding "conversion therapy," state bans on medicalized gender transitions for kids, to claim FTC is persecuting it for "opinions" on care. "It's possible the FTC just got its win," expert says.
United States manufacturing reached a four-year high in July, according to a new report.
The United States manufacturing sector surged to its highest level in fours years, with manufacturing employment reaching a three-year high, primarily driven by robust order growth across multiple manufacturing industries. PULSE POINTS WHAT HAPPENED: United States manufacturing reached a four-year high in July, according to a new report, with employment in the sector at a three-year high. DETAIL: According to data from the Institute for Supply Management, the world’s oldest and largest supply management association, manufacturing activity in the United States hit a four-year high last month. Specifically, the Manufacturing Purchasing Managers’ Index (PMI), a key indicator of the health of the manufacturing sector used by economic…Open