FTC Releases Interim Staff Report on Prescription Drug Middlemen
“The FTC’s interim report lays out how dominant pharmacy benefit managers can hike the cost of drugs—including overcharging patients for cancer drugs,” said FTC Chair Lina M. Khan. “The report also details how PBMs can squeeze independent pharmacies that many Americans—especially those in rural communities—depend on for essential ...
FTC Releases Report on Grocery Supply Chain Disruptions
Mar 21, 2024 · The FTC’s report also examined how supply chain disruptions affected competition among retailers, wholesalers, and producers, as well as the impacts on consumers and businesses. The report found that consumers felt the negative effects of supply chain disruptions in the form of sky rocketing prices for groceries and product shortages for ...
FTC Staff Report Finds Large Social Media and Video Streaming …
The Report’s findings are timely, particularly as state and federal policymakers consider legislation to protect people from abusive data practices.” The report found that the companies collected and could indefinitely retain troves of data, including information from data brokers, and about both users and non-users of their platforms.
FTC Releases Second Interim Staff Report on Prescription Drug …
3 days ago · Staff’s latest report builds on a report issued by FTC staff in July 2024, which found that pharmacies affiliated with the Big 3 PBMs received 68% of the dispensing revenue generated by specialty drugs in 2023, up from 54% in 2016. The latest report analyzes a broader set of specialty generic drugs compared to two specialty generic drugs ...
Report Identity Theft | Federal Trade Commission
Sep 3, 2024 · FTC Data Shows Consumers Report Losing $2.7 Billion to Social Media Scams Since 2021 (October 6, 2023) New FTC Data Analysis Shows Bank Impersonation is Most-Reported Text Message Scam (June 8, 2023) New FTC Data Show Consumers Reported Losing Nearly $8.8 Billion to Scams in 2022 (February 23, 2023)
Reports - Federal Trade Commission
The FTC produces a number of reports that examine antitrust and consumer protection trends. The agency uses this research to inform policy and to evaluate the agency’s performance. FTC policy reports include: staff and commission reports about specific topics of interest; economic analyses and reports; competition reports; financial reports
FTC Report Warns About Using Artificial Intelligence to Combat …
Jun 16, 2022 · “Our report emphasizes that nobody should treat AI as the solution to the spread of harmful online content,” said Samuel Levine, Director of the FTC’s Bureau of Consumer Protection. “Combatting online harm requires a broad societal effort, not an overly optimistic belief that new technology—which can be both helpful and dangerous ...
FTC Issues Annual Report to Congress on Agency’s Actions to …
Oct 18, 2024 · The report focuses on key actions the FTC has taken to protect older consumers, including a number of enforcement actions that had a particular impact on older consumers. The report also highlights work to target fraud reports with a high dollar loss for fast referral to the FBI, which may be able to assist consumers in recovering or stopping ...
Federal Trade Commission | Protecting America's Consumers
The FTC will never demand money, make threats, tell you to transfer money, or promise you a prize. If you have been targeted by an illegal business practice or scam, report it. Report to the FTC
restrictions at issue in this Report will fall more heavily on minority communities, is not supported by the evidence cited. That may very well be the case, as the Report’s caveats with words like “may” and “can” denote. But the claim is a conclusion drawn by authors of the Report from citations to evidence of other things. 5. See, e.g.,