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Sep 26 2023
News
FTC's Khan, critic of Big Tech, takes on Amazon
WASHINGTON, Sept 26 (Reuters) - Federal Trade Commission Chair Lina Khan - whose agency filed a long-awaited antitrust lawsuit against Amazon.com (AMZN.O) on Tuesday - published a major academic article in 2017 arguing the online retailer had escaped antitrust scrutiny. "With its missionary zeal for consumers, Amazon has marched toward monopoly by singing the tune of contemporary antitrust,"
ReutersJul 13 2023
News
ChatGPT creator OpenAI under investigation by FTC
OpenAI is under investigation by the Federal Trade Commission (FTC) over whether its artificial intelligence-powered tools including ChatGPT have harmed consumers.
In a letter sent to OpenAI, first reported by The Washington Post and confirmed by The Wall Street Journal, the FTC informed the company it is probing whether it has "engaged in unfair or deceptive" practices related to data
Fox BusinessJul 13 2023
News
S.F.’s OpenAI is reportedly under investigation by the FTC
San Francisco’s OpenAI, maker of the ChatGPT chatbot, is reportedly under investigation by the U.S. Federal Trade Commission. The Washington Post first reported the investigation. A letter, made public by The Post, that was sent to the company outlines concerns the federal regulator has with the safety threats posed by the company’s chatbots, and whether the company “has engaged in unfair and
San Francisco ChronicleSep 26 2023
News
FTC Case Against Amazon Hinges on ‘Online Superstore’ Label
The Federal Trade Commission’s case against Amazon.com Inc. hinges in part on putting the e-commerce giant in a class of its own: The Online Superstore. The 172-page case filed Tuesday seeks to differentiate the Seattle-based company from retail competitors that generate most of their sales at physical stores or from more niche-oriented websites. The FTC says these so-called online superstores
BloombergSep 26 2023
News
FTC Sues Amazon, Alleging Illegal Online-Marketplace Monopoly
The Federal Trade Commission and 17 states on Tuesday sued Amazon, alleging the online retailer illegally wields monopoly power that keeps prices artificially high, locks sellers into its platform and harms its rivals.
The FTC’s lawsuit, filed in Seattle federal court, marks a milestone in the Biden administration’s aggressive approach to enforcing antitrust laws and has been
Wall Street Journal (News)Sep 20 2023
Analysis
Republican FTC nominees have history of Big Tech scrutiny
The Senate is set to begin consideration of two Republican nominees for the Federal Trade Commission, a pair of legal experts with a history of Big Tech skepticism.
FTC nominees Melissa Holyoak and Andrew Ferguson will appear before the Senate Committee on Commerce, Science, and Transportation on Wednesday, and they will be questioned about their history and plans for the FTC. The two
Washington ExaminerJan 23 2024
News
After FTC and TurboTax spar over definition of 'free,' agency drops the hammer on Intuit's misleading advertising claims
The Federal Trade Commission Monday took a shot at popular tax filing service TurboTax for “deceptive advertising” and formally banned the company from calling any of its products or services “free” unless they were free for all consumers. The regulatory agency, led by “competition cop” Lina Khan, wrote in a final opinion and order that the tax software company, a subsidiary of QuickBooks
FortuneJul 13 2023
News
Chasing defamatory hallucinations, FTC opens investigation into OpenAI
OpenAI, best known for its ChatGPT AI assistant, has come under scrutiny by the US Federal Trade Commission (FTC) over allegations that it violated consumer protection laws, potentially putting personal data and reputations at risk, according to The Washington Post and Reuters. As part of the investigation, the FTC sent a 20-page record request to OpenAI that focuses on the company's risk
Ars TechnicaJul 13 2023
News
OpenAI’s ChatGPT probed by FTC over consumer harms
(Bloomberg) — The U.S. Federal Trade Commission has sent a request for information to startup OpenAI as part of a probe into its ChatGPT conversational AI bot, according to a person familiar with the request. The document request was sent recently to the Microsoft-backed AI company seeking information on whether ChatGPT harms consumers, according to the person, who asked not to be named
The Seattle TimesJul 12 2023
News
FTC says it will appeal to block Microsoft-Activision deal
Satya Nadella, CEO, Microsoft, at the Allen & Company Sun Valley Conference on July 11, 2023 in Sun Valley, Idaho. The Federal Trade Commission on Wednesday said it will appeal a federal judge's decision to deny a request for a preliminary injunction that would have prevented Microsoft from closing its $68.7 billion acquisition of game publisher Activision Blizzard . The decision comes one
CNBC