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ARTICLE · 26 MARCH 2025

FTC Updates (February 3- 21, 2025)

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The FTC announces leadership changes, keeps the 2023 Merger Guidelines, and pursues Big Tech. All this, and more, after the jump.

United StatesConsumer Protection

The FTC announces leadership changes, keeps the 2023 Merger Guidelines, and pursues Big Tech. All this, and more, after the jump.

Thursday, February 6, 2025

Bureau of Consumer Protection: Credit and Finance

  • In a culmination to a matter that has been ongoing since 2022, the FTC announced that it is sending over $2.6 million in refunds via check to 5,588 small businesses that were injured by payment processor First American Payment Systems. The 2022 complaint had alleged that the company caused harm by deceiving small merchants about terms, charging surprise cancellation fees, and making "zombie" withdrawals from merchant accounts even after account access had been withdrawn by the merchant. The FTC is also mailing claim forms to 16,181 additional businesses, who have until May 7, 2025 to submit a claim at this refund portal.

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