Lawmakers Urge FTC to Take Action on Grocery Profits
A group of lawmakers wants the FTC to take action against large retailers, such as Amazon and Walmart, that increased profits during the COVID-19 pandemic and have kept prices high since.
Schumer Calls on FTC to Probe Wave of Oil Company Mergers
Senate Majority Leader Chuck Schumer called on the Federal Trade Commission to open a full investigation into a wave of acquisitions in the oil and gas industry, arguing that the consolidation threatens competition and could lead to higher prices.
March 6, 2024FTC Sues to Block Kroger’s $24.6 Billion Albertsons Deal
The Federal Trade Commission, eight states and Washington, D.C., sued to block Kroger Co.’s $24.6 billion acquisition of Albertsons Cos. on Feb. 26.
FTC, States Expected to Sue Over Kroger-Albertsons Deal
The U.S. Federal Trade Commission and a group of states are poised to sue to block the tie-up between supermarkets Kroger Co. and Albertsons Cos., according to people familiar with the plans.
FMCSA: FTC Proposal Should Include Truck Towing Provisions
FMCSA filed comments in support of an FTC proposed rule banning junk fees that trucking regulators have argued should include provisions to mitigate predatory truck towing.
Amazon Asks Federal Judge to Dismiss FTC’s Antitrust Lawsuit
Attorneys for Amazon on Dec. 8 asked a federal judge to dismiss the Federal Trade Commission’s antitrust lawsuit against the e-commerce giant.
December 11, 2023FTC Opens Inquiry of Chevron-Hess Merger
The Federal Trade Commission is investigating Chevron’s acquisition of Hess oil company, the second inquiry the independent agency has opened recently of a major oil industry merger.
FTC Sues Amazon in Landmark Antitrust Case Over Marketplace
The Federal Trade Commission sued Amazon.com Inc. in a long-anticipated antitrust case, accusing the e-commerce giant of monopolizing online marketplace services.
Top Democrats Push for FTC Crackdown on High Gas Prices
WASHINGTON — Citing growing worries about high gasoline prices, Democratic leaders announced an effort April 28 to give the Federal Trade Commission increased authority to crack down on companies that engage in price gouging.
FTC Should Probe Tesla Autopilot Claims, Senators Say
Two U.S. senators are urging the Federal Trade Commission to investigate whether Tesla Inc. uses deceptive marketing practices by labeling its driver-assistance systems “Autopilot” and “Full Self-Driving.”