Finance

FTC Moves to Block Tempur Sealy’s Acquisition of Mattress Firm

The Federal Trade Commission voted unanimously to block Tempur Sealy International, Inc.’s (Tempur Sealy) proposed $4 billion acquisition of Mattress Firm Group Inc. (Mattress...

FTC Takes Action Against Gig Work Company Arise Virtual Solutions for Deceiving Consumers About Pay in Marketing Its Business Opportunity

The Federal Trade Commission is taking action against gig work company Arise Virtual Solutions for misleading consumers about the money they could make on...

Statement Regarding the Termination of Novant Health’s Acquisition of Hospitals from Community Health Systems

Federal Trade Commission Bureau of Competition Director Henry Liu issued the following statement in response to Novant Health, Inc.’s decision to terminate its proposed...

FTC Acts to Stop Unauthorized Billing Scams That Have Taken in Over $200 Million from Consumers

A U.S. district court in central Florida today unsealed a Federal Trade Commission complaint charging two related groups of defendants with defrauding consumers nationwide...

FTC Acts to Stop Student Loan Debt Relief Scheme that Took Millions from Consumers in First Case under the Impersonation Rule

In its first case under the Impersonation Rule, the Federal Trade Commission has stopped a student loan debt relief scheme that bilked more than...

FTC Announces Final Eyeglass Rule Implementing Updates to Promote Competition and Expand Consumer Choice

Concluding a comprehensive multi-year review, the Federal Trade Commission today announced final updates to its Ophthalmic Practice Rules, known as the Eyeglass Rule aimed at...

FTC Finalizes Order with Avast Banning it from Selling or Licensing Web Browsing Data for Advertising and Requiring it to Pay $16.5 Million

The Federal Trade Commission has finalized an order banning software provider Avast from selling, disclosing, or licensing any web browsing data for advertising purposes...

FTC Action Leads to Sweepstakes Ban For Three Individuals Who Ran Massive Scheme That Cost Consumers Millions

As a result of a Federal Trade Commission case, the operators of a sweepstakes scam that cost consumers millions have agreed to settlements that...

FTC Issues Annual Report on Refunds to Consumers; Agency Returned $324M in 2023

Federal Trade Commission law enforcement actions resulted in more than $324 million in refunds to consumers in 2023, the agency said in its annual...

Statement of the Commission Regarding TikTok Complaint Referral to DOJ

Today, the Commission issued a statement regarding its referral to the Department of Justice a complaint against TikTok, the successor to Musical.ly, and its...

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