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FTC Takes Action Against Another Company That Imposed Harmful Noncompete Restrictions on Its Workers

Retrieved on: 
Saturday, March 18, 2023

The Federal Trade Commission ordered manufacturing company Anchor Glass Container Corp. to drop noncompete restrictions that it imposed on its workers, the fourth time this year that the agency has taken action against companies that use harmful noncompetes.

Key Points: 
  • The Federal Trade Commission ordered manufacturing company Anchor Glass Container Corp. to drop noncompete restrictions that it imposed on its workers, the fourth time this year that the agency has taken action against companies that use harmful noncompetes.
  • For workers, noncompete restrictions lead to lower wages and salaries, reduced benefits, and less favorable working conditions.
  • In its complaint, the FTC said the restrictions Anchor imposed constituted an unfair method of competition under Section 5 of the FTC Act.
  • The agency’s order bans Anchor from entering into, maintaining, enforcing or attempting to enforce, or threatening to enforce noncompete restrictions on relevant workers.

FTC Issues Orders to Social Media and Video Streaming Platforms Regarding Efforts to Address Surge in Advertising for Fraudulent Products and Scams

Retrieved on: 
Saturday, March 18, 2023

The amount of money consumers have reported losing to fraud that originated on social media platforms has skyrocketed since 2017.

Key Points: 
  • The amount of money consumers have reported losing to fraud that originated on social media platforms has skyrocketed since 2017.
  • The Commission also is seeking information about how the social media and video streaming companies ensure that consumers are able to identify commercial advertising on their platforms as advertising.
  • The Commission voted 4-0 during an open meeting to issue the 6(b) orders to the eight social media and video service services.
  • Follow the FTC on social media, read consumer alerts and the business blog, and sign up to get the latest FTC news and alerts.

FTC Takes Action Against Another Company That Imposed Harmful Noncompete Restrictions on Its Workers

Retrieved on: 
Saturday, March 18, 2023

The Federal Trade Commission ordered manufacturing company Anchor Glass Container Corp. to drop noncompete restrictions that it imposed on its workers, the fourth time this year that the agency has taken action against companies that use harmful noncompetes.

Key Points: 
  • The Federal Trade Commission ordered manufacturing company Anchor Glass Container Corp. to drop noncompete restrictions that it imposed on its workers, the fourth time this year that the agency has taken action against companies that use harmful noncompetes.
  • For workers, noncompete restrictions lead to lower wages and salaries, reduced benefits, and less favorable working conditions.
  • In its complaint, the FTC said the restrictions Anchor imposed constituted an unfair method of competition under Section 5 of the FTC Act.
  • The agency’s order bans Anchor from entering into, maintaining, enforcing or attempting to enforce, or threatening to enforce noncompete restrictions on relevant workers.

FTC Issues Orders to Social Media and Video Streaming Platforms Regarding Efforts to Address Surge in Advertising for Fraudulent Products and Scams

Retrieved on: 
Saturday, March 18, 2023

The amount of money consumers have reported losing to fraud that originated on social media platforms has skyrocketed since 2017.

Key Points: 
  • The amount of money consumers have reported losing to fraud that originated on social media platforms has skyrocketed since 2017.
  • The Commission also is seeking information about how the social media and video streaming companies ensure that consumers are able to identify commercial advertising on their platforms as advertising.
  • The Commission voted 4-0 during an open meeting to issue the 6(b) orders to the eight social media and video service services.
  • Follow the FTC on social media, read consumer alerts and the business blog, and sign up to get the latest FTC news and alerts.