FTC
FTC launches antitrust inquiry into artificial intelligence deals by tech giants — PBS
U.S. antitrust enforcers are opening an investigation into the relationships between leading artificial intelligence startups such as ChatGPT-maker OpenAI and Anthropic and the tech giants that have invested billions of dollars into them, according to the report by Matt O'Brien of Associated Press.
Adobe faces big fines from FTC over difficult subscription cancellation — Apple Insider
Adobe could face hefty fines related to its overly difficult and costly subscription cancellation practices due to an ongoing Federal Trade Commission Probe, writes Amber Neely.
Amazon’s secret pricing scheme made it an extra $1 billion, FTC says — The Verge
Amazon’s secret pricing algorithm, codenamed “Project Nessie,” may have generated the company more than $1 billion in extra profits, according to new details released...
FTC proposes rules to limit how personal info is used for targeted ads — Ad Age
The planned rules, kickstarted with a notice Thursday, would protect the personal data companies such as Alphabet Inc. and Meta Platforms Inc. collect about...
FTC settles with Devumi, a company that sold fake followers, for $2.5M — TC
The U.S. Federal Trade Commission has put an end to the deceptive marketing tactics of Devumi, writes Sarah Perez.
Here is the link: https://techcrunch.com/2019/10/22/ftc-settles-with-devumi-a-company-that-sold-fake-followers-for-2-5m/