The Federal Trade Commission (F.T.C.) recently concluded an investigation into major grocers across the country and found that many had taken advantage of supply chain disruptions during the COVID-19 pandemic. The report details how these large retailers engaged in anticompetitive behavior to drive up prices and limit consumer choice.
Financial Performance
In the fourth quarter of last year, Kroger reported a significant increase in sales and profits. The company’s revenue exceeded expectations, driven by strong consumer demand and effective cost management. As a result, Kroger’s stock price climbed steadily, attracting investors looking for opportunities in the recovering economy.
The recent acquisition deal between Kroger (KR) and Albertsons (ACI) has caught the attention of both investors and regulators. The Federal Trade Commission (FTC) has launched an investigation into the merger, citing concerns about potential antitrust violations.
The Federal Trade Commission (FTC) issued a warning today about a recent increase in voice phishing scams targeting individuals. The announcement comes after New York Magazine’s finance columnist revealed that she fell victim to a $50,000 scam involving a fake phone call.
Focusing on an article published by New York Magazine’s writer Charlotte Cowles, various organizations like the Federal Trade Commission (F.T.C.), the Central Intelligence Agency (C.I.A.), and Amazon have expressed their opinions on a $50,000 scam highlighted in the piece. The article sheds light on the deceptive practices of scammers, prompting a collective response from these influential entities.
In a recent statement, FTC Chair Lina Khan emphasized the importance of scrutinizing Big Tech companies’ artificial intelligence (AI) deals. With concerns surrounding the potential anti-competitive effects and risks associated with AI technologies, the Federal Trade Commission aims to delve deeper into these agreements by peering “under the hood” to better understand their implications.
Funeral homes across the nation have been put on notice after the Federal Trade Commission (FTC) conducted its first-ever undercover phone sweep. The investigation has revealed alarming instances of misleading pricing practices, prompting the issuance of a stern warning to the industry. This initiative aims to advocate for transparency and protect grieving families from being taken advantage of during such vulnerable times.
The Federal Trade Commission (FTC) has recently launched an investigation into the stakes that big technology companies have in hot artificial intelligence (AI) startups. This move comes amid concerns over the potential anti-competitive behavior and the impact it may have on the AI market.
The Federal Trade Commission (FTC) has launched an investigation into the relationship between big tech companies and artificial intelligence (AI) startups. This move comes in response to growing concerns over the potential anti-competitive practices and monopolistic behavior within the industry.
In a recent ruling, the Federal Trade Commission (FTC) stated that Intuit, the software developer behind TurboTax, had deceived consumers by misleadingly promoting its “free” tax filing service. The ruling comes as a blow to the company, which has been a prominent player in the tax preparation software market for years.
