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Trump's FTC just killed a landmark antitrust case that could have leveled the playing field for small grocers.
Walmart acts as an agent for money transfers by companies such as MoneyGram, Ria EEFT.O and Western Union WU.N. Money can be hard to trace once delivered. The FTC said fraudsters used many schemes ...
Walmart has agreed to pay $10 million to resolve allegations by the Federal Trade Commission (FTC) that the retail giant turned a blind eye to scammers who exploited its money transfer services to ...
Walmart will pay $10 million and change its money transfer practices after federal regulators said the company let scammers steal hundreds of millions of dollars from Americans. Walmart agreed to ...
The FTC’s initial complaint, filed in 2022, alleged that between 2013 and 2018, Walmart, acting as an agent for MoneyGram, Western Union, and Ria, neglected to adopt effective anti-fraud measures.
Walmart has agreed to pay $10 million to settle a U.S. Federal Trade Commission civil lawsuit accusing the world's largest retailer of ignoring warning signs that fraudsters used its money transfer ...
LITTLE ROCK (KATV) — Walmart has agreed to pay $10 million to settle allegations by the Federal Trade Commission (FTC) that it allowed scammers to exploit its in-store money transfer services.
In 2022, the FTC sued Walmart (NYSE: WMT) for not employing the proper precautions to prevent fraudsters from harming consumers and collecting “millions in fees” for its wire transfer services.
Progressive critics of the FTC’s decision to withdraw the Pepsi suit claim that the decision to stop bringing cases alleging violations of the RPA was responsible for the rise of Wal-Mart (and ...
The FTC in May abandoned a lawsuit accusing Pepsi of violating the decades-old Robinson-Patman Act. The law can restrict a seller from providing discounts, rebates and other pricing deals to some ...
The case is Federal Trade Commission v Walmart Inc, U.S. District Court, Northern District of Illinois, No. 22-03372. (Reporting by Jonathan Stempel in New YorkEditing by Marguerita Choy) ...
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