FTC Releases Fiscal Year 2023 Annual Report

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The Federal Trade Commission (FTC) recently released its Fiscal Year 2023 Annual Report, highlighting the agency's efforts to protect consumers and promote competition. The report details the FTC's work in enforcing antitrust and consumer protection laws, including efforts to protect privacy, prevent fraud, and promote fair competition. Some key actions taken by the FTC in FY 2023 include suing Amazon for deceptive business practices, announcing the largest telemarketing sweep in U.S. history, and taking action against companies that violate consumer privacy. The report also highlights the agency's efforts to block anticompetitive mergers and halt anticompetitive practices that harm consumers and small businesses.

Summary:
The FTC's FY 2023 Annual Report highlights the agency's efforts to protect consumers and promote competition through enforcement of antitrust and consumer protection laws, including actions taken against deceptive business practices, fraud, and violations of consumer privacy.