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ARTICLE · 12 MAY 2023

FTC Updates (April 17 – April 21, 2023)

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The FTC has continued its steady progress on enforcement actions following the ABA Antitrust Spring Meeting. The agency is seeking to halt a hospital system merger based on alleged Hart-Scott-Rodino Act...

United StatesConsumer Protection

The FTC has continued its steady progress on enforcement actions following the ABA Antitrust Spring Meeting. The agency is seeking to halt a hospital system merger based on alleged Hart-Scott-Rodino Act violations and is progressing on matters related to deceptive and misleading advertising. These stories and more after the jump.

Monday, April 17, 2023

Bureau of Consumer Protection: Credit and Finance

  • The FTC filed a federal court complaint against Nexway, a multinational payment processing company, alleging that at least from 2016 through 2020 Nexway knowingly facilitated an offshore tech support scam, which had processed tens of millions of dollars in charges and gave scammers access to the U.S. credit card network. In particular, the complaint alleges that Nexway acted as a payment processor for tech support scams by acquiring credit card merchant accounts and subsequently using such accounts to collect money from consumers on behalf of the scammers. The

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