Latest Federal Trade Commission News

Top row, Facebook CEO Mark Zuckerberg, right, Amazon CEO Jeff Bezos, second from right, and bottom row Google CEO Sundar Pichai, left, and Apple CEO Tim Cook, second from left are sworn in remotely during a House Judiciary subcommittee on antitrust on Capitol Hill on Wednesday, July 29, 2020, in Washington. (Mandel Ngan/Pool via AP)

Inside Big Tech: Pulling back the curtain with 'hot' email

Aug. 5, 2020 1:03 PM EDT

WASHINGTON (AP) — The House Judiciary chairman was closing in on his Perry Mason moment with Facebook CEO Mark Zuckerberg. Fortified with “hot” internal company documents, Rep. Jerrold Nadler was building his case at a hearing that seemed almost like a trial for Facebook and three other tech...

FILE - In this July 16, 2020, file photo, Illinois Gov. J.B. Pritzker meets with people at City Market in Rockford, Ill. As parts of the nation struggle with a worse coronavirus outbreak than during its high points last spring, Illinois, where officials continue to congratulate residents for keeping the new virus in check, announced Wednesday, July 22, an increasing number of new infections. Pritzker and his state public health director, Dr. Ngoze Ezike, made public pleas to wear masks when outside the home and continue physical distancing and conscientious hygiene to stem the spread of the coronavirus. (Scott P. Yates/Rockford Register Star via AP, File)

Illinois reports July's highest one-day total of virus cases

Jul. 22, 2020 4:58 PM EDT

SPRINGFIELD, Ill. (AP) — As parts of the nation struggle with a worse coronavirus outbreak than during its high points last spring in other states, Illinois, where officials continue to congratulate residents for keeping the new virus in check, announced Wednesday an increasing number of newly confirmed...

FILE - In this June 24, 2019, file photo, the Eldorado Resort Casino stands in Reno, Nev. Reno-based Eldorado Resorts Inc. received the go-ahead from Nevada casino regulators to buy Caesars Entertainment Corp. in a $17 billion deal creating a gambling giant with properties in 16 U.S. states and several other countries. The merger won unanimous endorsement Wednesday, July 8, 2020, after pointed questions from Nevada Gaming Control Board regulators and unanimous approval from the state Gaming Commission. Approval in coming days from regulators in Indiana and New Jersey would create the world's largest casino company under the Caesars Entertainment name. (Colton Lochhead/Las Vegas Review-Journal via AP, File)

Nevada regulators OK company buying Caesars Entertainment

Jul. 8, 2020 8:08 PM EDT

LAS VEGAS (AP) — Reno-based Eldorado Resorts Inc. received the go-ahead Wednesday from Nevada casino regulators to buy Caesars Entertainment Corp. in a $17.3 billion deal creating a gambling giant owning or operating 55 properties in 16 U.S. states and several other countries. “There’s only...

FILE - In this Friday, April 17, 2020 file photo, a health worker arrives to take a nose swab sample as part of testing for the COVID-19 coronavirus at a nursing and rehabilitation facility in Seattle. Nursing home residents are among the Americans getting $1,200 checks as part of the U.S. government’s plan to revive the economy in 2020. But with many long-term care facilities under lockdown to prevent COVID-19 outbreaks, what are the rules around how the money is handled? (AP Photo/Ted S. Warren)

Stimulus money could pose dilemmas in nursing homes

Jul. 4, 2020 9:31 AM EDT

NEW YORK (AP) — Nursing home residents are among the Americans getting $1,200 checks as part of the U.S. government’s plan to revive the economy. But with many long-term care facilities under lockdown to prevent COVID-19 outbreaks, what are the rules around how the money is handled? The situation...

FILE - In this March 12, 2020, file photo, Sen. Marco Rubio, R-Fla., speaks to media on Capitol Hill in Washington. Rubio introduced a bill Thursday, June 18, 2020, that would protect the NCAA from being challenged in court if the association changes its rules to allow athletes to earn money for endorsement deals and personal appearances. (AP Photo/Carolyn Kaster, File)

Florida Sen. Rubio introduces NIL bill to push NCAA changes

Jun. 18, 2020 4:47 PM EDT

Florida Sen. Marco Rubio introduced a bill Thursday that would protect the NCAA from being challenged in court if the association changes its rules to allow athletes to earn money for endorsement deals and personal appearances. Earlier this week, the NCAA was hit with a federal antitrust lawsuit seeking damages...

Don't fall for COVID-19 student loan relief scams

Jun. 17, 2020 2:11 PM EDT

Student loan borrowers were targets for scams before the coronavirus pandemic hit. The longer people struggle, the more desperate they become, and that’s when scammers and fraudsters thrive. “They’re using the same playbook, but more aggressively,” says Seth Frotman, executive...