federal trade commission

The Federal Trade Commission questioned Facebook CEO Mark Zuckerberg this week as part of its antitrust investigation into the social-media titan, reports say. Zuckerberg testified remotely over two days during an FTC investigative hearing, Politico reported Thursday. The agency could reportedly use his under-oath testimony to build a case against Facebook’s potential anti-competitive practices. “We …

Twitter revealed this week that it expects to pay as much as $250 million in fines over allegations that it improperly used customers’ private data to target ads. The San Francisco-based company said Monday that it received a draft complaint from the Federal Trade Commission on July 28 that accused it of using users’ email …

Supplements maker Balance of Nature is making phony claims that its products can ward off the coronavirus, a consumer watchdog claimed in federal complaints filed Tuesday. The Utah-based company — which touts its “Fruits and Veggies” supplements on radio programs hosted by comedian Joe Piscopo and political commentator Kevin McCullough among others — falsely claims …

Shameless scammers will try to steal coronavirus stimulus checks, according to federal officials, who say common sense precautions can stop them in their tracks. Officials say con artists will try a wide range of schemes to bilk Americans out of the $1,200 payments the Trump administration has started delivering to help people shore up their …

Federal officials have sued to undo tobacco giant Altria’s $12.8 billion investment in Juul over concerns that the two companies illegally quashed competition in the e-cigarette industry. The Federal Trade Commission filed an administrative complaint Wednesday to unwind the Marlboro maker’s December 2018 purchase of a 35 percent stake in Juul. Rather than battle with …