In 2016, Alaskans lost $2,745,716 to financial frauds and scams. And that’s just from the people who filed complaints. Officials suspect many more residents were victims but never contacted authorities.
The Federal Trade Commission filed a complaint on Tuesday, alleging that wireless provider T-Mobile made hundreds of millions of dollars on bogus charges against its customers.
Mobile messaging service Snapchat has agreed to a settlement with the Federal Trade Commission over allegations that it deceived customers by collecting their user information without permission.
When the maker of a brand-name drug pays a maker of generic drugs to not produce a lower-priced version of their product, the Federal Trade Commission can challenge the arrangement on antitrust grounds, the Supreme Court ruled Monday. The ruling may end the era of what regulators call “pay-for-delay” deals.