Tag: Federal Trade Commission
Black Friday scam victims in R.I. lose an average of $470,...
PROVIDENCE – Rhode Island residents who report falling victim to Black Friday scams lose an average of $470.83, according to a report by data...
Are PBMs forcing out small drugstores, inflating medication prices?
Pharmacy benefit managers say they protect against prescription drug prices from rising exorbitantly high, but these companies – such as one operated by CVS...
Federal judge rejects FTC’s bid to ban noncompete agreements
A federal judge in Texas has blocked a new rule from the Federal Trade Commission that would have made it easier for employees to...
FTC criticizes ‘enormous power’ of pharmacy benefit managers in scathing report
PROVIDENCE – Drug middlemen are hurting small, independent pharmacies while reaping huge profits by inflating drug prices, according to a Federal Trade Commission staff...
Prep for noncompete ban
Now that the dust has settled on the Federal Trade Commission’s April 23 final rule that would prohibit virtually all employee noncompete agreements, where...
Noncompete pacts banned by FTC, but for how long?
The Federal Trade Commission may have banned most forms of noncompete agreements between employers and employees, but it’s unclear whether the ruling will survive...
U.S. sues to block merger of grocery giants Kroger and Albertsons
The Federal Trade Commission sued to block a proposed merger between grocery giants Kroger and Albertsons, the parent company of Shaw’s and Star Markets, saying...
Rite Aid banned from facial recognition tech use for 5 years...
Rite Aid has been banned from using facial recognition technology for five years over allegations that its surveillance system was used incorrectly to identify...
Amazon sued by FTC and 17 states over allegations it...
Amazon is being sued by U.S. regulators and 17 states, including Rhode Island, over allegations that the company abuses its position in the marketplace...
R.I. urges rejection of grocery chains merger
PROVIDENCE – Rhode Island is among seven states urging U.S. antitrust enforcers to stop Kroger's proposed $24.6 billion acquisition of Albertsons, Reuters News reported.
R.I....