Tag: Federal Trade Commission

White House Putting Pressure on OPEC to Increase Oil Production Amid ‘Supply Issues,’ Rising Energy Prices

The White House on Tuesday promised to put pressure on members of the Organization of the Petroleum Exporting Countries (OPEC) to increase production amid declining supplies and rising energy prices. Press secretary Jen Psaki told reports at a press briefing that the president is “mindful” of the increased prices consumers are facing when it comes to…


Slain Reporter’s Father Takes on Facebook Over Violent Video

WASHINGTON—The family of a slain journalist is asking the Federal Trade Commission to take action against Facebook for failing to remove online footage of her shooting death. Andy Parker said Tuesday the company is violating its own terms of service in hosting videos on Facebook and its sibling service Instagram that glorify violence. His daughter,…


US Panel Votes to Approve $1 Billion for FTC Privacy Probes

WASHINGTON—The U.S. House Energy and Commerce Committee voted on Tuesday to give the Federal Trade Commission $1 billion to set up a bureau dedicated to improving data security and privacy and fighting identity theft. The proposal, which Democrats included in a $3.5 trillion spending measure, would fund a new bureau over 10 years to address…


Big Tech Critic Khan Becomes FTC Chair

WASHINGTON—Lina Khan, an antitrust researcher focused on Big Tech’s immense market power, was sworn in on Tuesday as chair of the U.S. Federal Trade Commission, a victory for progressives seeking a clampdown on tech firms who hold a hefty share of a growing sector of the economy. Hours earlier, the U.S. Senate had confirmed Khan,…


Harris Casts Tie-Breaking Vote on Biden Nominee Alvaro Bedoya to Federal Trade Commission

The Senate on March 30 narrowly voted to advance President Joe Biden’s nomination for Federal Trade Commissioner, Alvaro Bedoya, bringing him one step closer to being confirmed. Biden nominated Bedoya, a Georgetown University law professor, in September to join the board of the Federal Trade Commission (FTC), which deals primarily with antitrust and consumer protection law. If confirmed,…