federal trade commission ftc news

FTC sues prescription-drug middlemen over insulin prices

FTC sues drug middlemen over manipulating the insulin market

The agency alleges CVS’s Caremark, Cigna’s Express Scripts and UnitedHealth’s Optum Rx accepted money from drugmakers in exchange for keeping lower-cost insulin off their lists of approved

Wall Street Journal · 3h

FTC Accuses Drug Middlemen of Inflating Insulin Prices

The Federal Trade Commission sued the drug middlemen that health plans use to keep a lid on drug spending, accusing the firms of inflating the price of insulin.

CNN · 8h

Federal Trade Commission sues largest drug middlemen for allegedly inflating insulin prices

The Federal Trade Commission took action Friday against the three largest pharmacy benefit managers, accusing the companies of “engaging in anticompetitive and unfair rebating practices that have artificially inflated the list price of insulin drugs,

Social media companies using ‘vast surveillance’ on users

LA Times on MSN · 1d

Social media platforms engaged in 'vast surveillance' and failed to protect young people, FTC finds

The Federal Trade Commission released a report Thursday slamming social media platforms including Facebook's parent company, Meta, as well as TikTok, Google-owned YouTube, Snap and other online services over privacy and youth safety concerns.

CBS News on MSN · 1d

Big tech companies engage in "vast surveillance" of users, FTC says

FTC Chair Lina Khan says tech giants such as Meta and Google "endanger people's privacy" and "expose them to a host of harms."

Yahoo · 20h

FTC report finds 'vast surveillance' of users on social media apps

The report by the Federal Trade Commission claims social media and video platforms collect troves of personal information from activity across the internet for use in targeted advertising.

FTC, Lina Khan

Reuters on MSN · 2h

FTC Chair Lina Khan welcomes companies weighing antitrust in deals, addresses critics

U.S. Federal Trade Commission Chair Lina Khan on Friday welcomed that companies are weighing antitrust considerations early in their dealmaking process. "When you see greater scrutiny of mergers, you can see greater deterrence of illegal mergers,

Inc · 13h

FTC Chair Lina Khan Says Antitrust Regulations Help Small Businesses Too

Antitrust regulation isn't just about protecting consumers, Federal Trade Commission Chair Lina Khan said Thursday afternoon at the Fast Company Innovation Festival. It's also about giving small businesses a fighting chance.

Deadline on MSN · 1d

FTC Chief Lina Khan Knows A Tough Antitrust Stance "Can Be Uncomfortable For Some People" As Election Looms

Lina Khan, the youngest person to chair the powerful Federal Trade Commission, has come down hard on monopolies and anticompetitive behavior, so some business leaders and Wall Streeters are nudging Kamala Harris to dump her if the Democrats win the White House.

IJR3h

Biden-Harris FTC Accuses Major Healthcare Companies Of Artificially Inflating Drug Prices In New Lawsuit

The Federal Trade Commission (FTC) filed a lawsuit Friday against three major prescription drug benefit managers (PBMs) and ...

JD Supra1d

At NAD Conference Federal Trade Commission’s Holyoak and Levine Share Contrasting Perspectives on the Agency’s Role

At this week’s National Advertising Division Annual Conference, FTC Commissioner Melissa Holyoak and FTC Bureau of Consumer Protection Director ...

UPI1mon

Texas federal judge blocks FTC's non-compete clause ban

21 (UPI) --A federal judge in Texas blocked the Federal Trade Commission's ban on non-compete ... eliminate such contract language, ruling the FTC lacked the authority to issue the ban.

Modern Healthcare12h

FTC targets three biggest PBMs over insulin rebates

The Federal Trade Commission's administrative complaint follows an interim report from the agency regarding PBM practices.

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