Andrew Ferguson

FTC Moves to Settle with Ad Companies Involved in Boycotting X

The Federal Trade Commission (FTC) is negotiating a potential settlement with major advertising companies to resolve a dispute that alleged that the advertisers violated federal antitrust laws by coordinating boycotts against platforms as Elon Musk’s X, according to a report.

DAVOS, SWITZERLAND - JANUARY 22: Business person Elon Musk delivers a speech during the Wo

Amazon Agrees to $2.5 Billion Settlement with FTC over Allegations of Deceptive Prime Practices

Amazon has agreed to pay $2.5 billion to settle FTC allegations that the company “tricked and trapped” consumers into signing up for Prime memberships and hindered their attempts to cancel the subscription. FTC Chairman Andrew Ferguson said, “The Trump-Vance FTC is committed to fighting back when companies try to cheat ordinary Americans out of their hard-earned pay.”

Jeff Bezos looks perturbed