The Federal Trade Commission (FTC) has unanimously voted to block the proposed $4 billion merger between mattress industry giants Tempur Sealy and Mattress Firm. The decision aims to prevent what the Commission sees as a threat to competition and consumer prices. Tempur Sealy, the largest mattress supplier globally, agreed in May 2023 to acquire Mattress…
The Federal Trade Commission (FTC) has filed a lawsuit against Amazon, accusing the company of using deceptive user interface designs to trick consumers into signing up for its Prime subscription service and making it difficult for them to cancel their memberships. The complaint alleges that Amazon employed manipulative and coercive user-interface designs known as “dark…
New rules from the US government could soon let Americans more easily cancel free trials and subscriptions they no longer want, according to the Federal Trade Commission. The proposed rule change announced would apply to vast swaths of the US economy, covering both digital and physical subscriptions. Products subject to the new rule would include…
