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An oil price-fixing conspiracy caused 27% of all inflation in 2021

Hacker News

The FTC just found evidence that American oil companies colluded with the Saudi government to hike gas prices, costing the average family $3,000 last year. The question is, what can we do about it?

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FTC warns pharma companies about sham patent listings designed to delay generics

Hacker News

For many, many years we’ve detailed how big pharma companies, who only care about the monopoly rents they can receive on medicine while under patent, have concocted all sorts of scams and schemes to avoid having to compete with generic versions, even after their patents have expired (or been invalidated). But one of their older…

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Ahead of IPO, Reddit blends advertising into user posts

Hacker News

As FTC starts asking questions about that mega-deal with Google to train AI

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FTC sues Amazon and the company is confident in the Amazon lawsuit

Dataconomy

FTC sues Amazon as the company has become a monopoly using damaging strategies. Federal Trade Commission (FTC) has filed a lawsuit against Amazon, accusing the tech giant of engaging in anticompetitive practices that have harmed fair competition. The FTC contends that this provision stifles competition by providing numerous benefits.

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FTC rang Amazon’s bell this time, and it wasn’t as kind as Alexa

Dataconomy

Amazon FTC settlement was announced today by Federal Trade Commission (FTC). The second claim is that Amazon has been misleading people about what it does with the information it gathers through Alexa and Ring devices. The FTC has issued an order mandating that Ring pay $5.8 Zoom Settlement: Is Epiqpay legit?

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FTC leak reveals discless Xbox and new Bethesda games

Dataconomy

Quick take: The FTC leak divulges key details about the discless Xbox Series X and Bethesda’s upcoming game releases, pointing to a transformative year ahead in gaming. The FTC leak essentially acts as a treasure map to Bethesda’s gaming roadmap for the coming years.

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Why One Man Spent 12 Years Fighting Robocalls

Hacker News

David Frankel: Twelve years ago, I was working in telecommunications and a friend of mine called me about a contest that the Federal Trade Commission (FTC) was starting. I’ve been very involved in something called traceback —in fact, it was my FTC contest entry. How did you get involved in trying to stop robocalls?

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