Federal Trade Commission

In a comment submitted to the US Copyright Office, the Federal Trade Commission identified several issues raised by the development and deployment of Artificial Intelligence (AI) that implicate competition and consumer protection policy, noting the FTC’s role in monitoring the impact of generative AI and vigorously enforcing the law as appropriate to protect competition and consumers. The comment explains that the FTC has an interest in copyright-related issues beyond questions about the scope of rights and the extent of liability under the copyright laws.

The Federal Trade Commission has issued its latest report to Congress on protecting older adults, which highlights key trends based on fraud reports by older adults, and the FTC’s multi-pronged efforts to combat the problem through law enforcement actions, rulemaking, and outreach and education programs. The report finds that older adults reported losing more than $1.6 billion to fraud in 2022. The report’s analysis shows that older adults filed the largest number of reports about online frauds—where consumers were first exposed to the fraud via social media, the web, or online ads.

The Federal Trade Commission announced a new proposed rule to prohibit junk fees, which are hidden and bogus fees that can harm consumers and undercut honest businesses. The FTC has estimated that these fees can cost consumers tens of billions of dollars per year in unexpected costs.