FTC - Page 4

FTC: Match.com Used Fake Accounts to Lure 500,000 Subscribers

 The FTC claims that dating site Match.com used fake accounts to lure almost 500,000 people to become paying subscribers on the popular dating website. The subscribers joined the company’s paid premium service within 24 hours of receiving a message from accounts the FTC claims Match had already identified as “fraudulent.”

match.com love bubble

Report: FTC Opens Antitrust Probe on Amazon

A group of FTC investigators has reportedly begun interviewing small businesses that sell products on Amazon to determine if the e-commerce giant is purposefully manipulating its market to hurt competitors, according to Bloomberg.

The Associated Press

Consumer Advocacy Groups Call for Investigation of ‘Deceptive’ Tesla Autopilot Claims

Two consumer advocacy groups, the Center for Auto Safety and Consumer Watched, have renewed their call for the FTC to investigate Tesla over the company’s claims related to its “autopilot” feature. The organizations believe that Elon Musk and Tesla engage in “dangerously misleading and deceptive practices” when describing the software’s capabilities. In a separate post to social media, safety expert Chesley “Sully” Sullenberger  commented on Tesla’s fully self-driving ambitions, saying they “should concern everyone who will share the same streets as a driver or pedestrian.”

Elon Musk

Amazon, Facebook Smash Lobbying Records

Amazon and Facebook have both smashed quarterly lobbying records Tuesday amidst rising interest regulating and using antitrust against America’s largest technology companies. 

Amazon founder Jeff Bezos during the JFK Space Summit at the John F. Kennedy Presidential

Report: FTC Fines Facebook $5 Billion for Privacy Violations

The Federal Trade Commission (FTC) reportedly approved Friday a $5 billion settlement with Facebook following the social media giants’ handling of the Cambridge Analytica scandal. This serves as the largest fine the FTC has given out for privacy violations; however, politicians and activists have said that this fine serves as a “bargain” for Facebook.

The Associated Press