the ftc saying they would like to do away with a lot of those.estaurants say in order to stay alive, one, during the pandemic and now they needed those surcharges to be in place. restaurants fighting back. some of these restaurants including the likes of mcdonald's and starbucks have struggled with regards to their profits now for the first time with the revenue draw down coming in substantially for those businesses. that will be one to really look at and how the ftc manages to clamp down on this quite a lot. >>> on the other story you made note of. sports gambling taking a toll particularly on american consumers here, really just what we've noted is that a lot of states have been able to see a lot of bankruptcies increase then because of gambling as well and residents' aggregate credit scores on the decline because of the amount that people are actually spending while betting. so that increase in sports betting has certainly had detrimental influence when it comes to how consumers spend their money. richard. >> arabile, thank you. go and have a

the ftc says they are seriously considering a potential appeal. >> coming up. qr codes now coming to football helmets. >> also ahead, how people are blurring their homes on google maps and (vo) you might be used to living with your albuterol asthma rescue inhaler, but it's a bit of a dinosaur, because it only treats your symptoms, not inflammation. treating both symptoms and inflammation with rescue is supported by asthma experts. finally, there's a modern way to treat symptoms and asthma attacks. airsupra is the first ever dual-action rescue inhaler that treats your asthma symptoms and helps prevent attacks. airsupra is the only rescue fda-approved to do both. airsupra is an as-needed rescue inhaler and should not be used as a maintenance treatment for asthma. get medical help right away if your breathing does not improve, continues to worsen, or for serious allergic reactions. using airsupra more than prescribed could be life threatening. serious side effects include heart problems, increased risk of thrush or infections. welcome to the modern age of dual-act

the ftc is absolutely correct to try to bring an absolute halt to it.tment of justice just won a huge antitrust case against google, and another one beginning next month, has cases against other internet platforms. right now, the current policies governed are in fact offering much better consumer protection in the very near future then we have enjoyed in the recent past , and project 2025 would not only undo all of that, i think the actual goal of it is to shake these companies down for huge contributions and get them to do exactly what the maga crowd them to do, which by the way, at least for the last eight years, they have been happy to do without project 2025. >> what happens to the disinformation central operation of twitter, with or without the administration that we have currently got, under the harris/walz administration, or a trump/vance administration? >> to me, the really corporate issue around twitter is that elon musk has become a national security risk. he has satellites that are essential to our national security. he does spaceships that a

the ftc says, no way. >> the ftc is not wrong in the sense that what's happened -- the reputation ofsomewhat on the line here, because they very famously allowed a safeway-albertson's deal and they spun off to heaggan, which has a small store base, and heaggan went bankrupt and the next thing you know, the safeways became safeways again, so it completely failed, and ever since then the ftc -- by the way, the antitrust division of the justice department not really against this -- ever since then, they've said, no more deals. what's happened against that is it's really been solidified that walmart and costco, and to a lesser extent target from last week, but walmart and costco are the competitors, and amazon will be a competitor when it comes to same-day. >> and target, to a certain extent, a competitor as well. >> on the one hand, yes, any divestiture is viewed suspiciously. >> and by the way, we should add it's at least 413 stores is what they're talking about agreeing to divest, the cns wholesale grocers, which they're largely a wholesaler and distributor. >> it is an archaic view t

recuerde que si es víctima de un fraude migratorio, puede reportarlo a la ftc en su sitio web.ya venimos con más aquí en telemundo 48. en breve (nieta) fargo™, ¿cuánto gaste en compras este mes?. (abuela) ¿con quién hablas? (nieta) con fargo, mi asistente. (abuela) ¡mi nieta ya tiene asistente! toda una jefa con asistente. (nieta) fargo, ¿cuál es mi puntaje de crédito?

and that doesn't impact the ftc.rgument was that this was overreach by the ftc, but, you know, there is a lot of state law that is already around this. and also -- >> the question is, should this be a federal issue? that's the fundamental question here. is it a federal issue, should it be up to the states, states can write their own laws, but federal government can't just write its own law unless the -- everybody writes the law as opposed to an agency determining the law, right? that's what the judge effectively is saying? >> yeah, it is a really good question and one that could ult ultimately be answered by the supreme court. this could go all the way up. i think another interesting question is -- >> joanne, if it goes all the way up, i think we know where it ends. there will not be a ban on noncom noncompetes on a federal level, no? >> i think the question becomes if you can't have it on the federal level, will there then be challenges at the state level? because there are increasing numbers of crackdowns among the

going to combat that and where he just heard the vice president shea say she was going to empower the ftc going after companies for price gouging. >> we all know that prices went up during the pandemic and shut down and failed. but our supply chains have improved and prices are too high. reporter: doesn't address the stick jim jordan inflation like -- sticky inflation like wake edge fellation and going after corporate landlords and raising rents and ban companies for buying homes in bulk and she singled out the food industry like meat and chris young the executive director of meat processers is saying there's a direct correlation between energy and regulatory policies of the current administration and the increased cost of goods to consumers. when the cost become too great, a company unfortunately has to pass them along to consumers in order to survive and continue to meet consumer commands. kelly. kelly: thank you, edward a. lot to unpack. stocks are looking to close out a strong week on a high note. look at this. it's going to be longest winning streak in more than a month and the dow a

>> this administration, the biden administration, the white house, the justice department, even the ftcith lina khan, they've had good success if you want to call it that against corporate or monopolistic antitrust-type beihavior. if that were to continue, would you expect them to push further on the momentum by google and alphabet? >> i think it's clear that donald trump said if he's elected, the first thing he's going to do is fire gary gentzler. i don't think that's how it works, but i'm not going to be the with unto tell him that. is there more of a conversation in a relationship with tech like there was under obama? i think that through november, there will be a lot of question marks around this. that being said, the government the ends to get their guy, and so this is going to cost google a lot. we probably will see some changes in terms of how ad works operates. on the epic game side, we're going to see changes in how the app store operates. that's not necessarily bad. i just don't know that it's going to be this sort of complete 180. >> this is also a scenario where many of thes

jesse: has the ftc going to do it? how is the ftc going to go after price gouging?y going to stop prices from rising? are they going to set prices? are they going to set prices? so now it's just a lot she's going to take that back? >> she did not say price control she said she's going to try to stop price gouging. which i think everyone would agree we want to see happen. >> the price of milk and bacon and chicken goes up, who is gouging? like 711? [laughter] are the guys that milk the cows back in vermont? nnote mike, who is doing the gouging? it does not make sense. wholesale prices have gone up the same amount as retail prices. >> that is right. she will have to explain all of that. she will have to explain what she means and helping her first interview she will do just that. jesse: how is biden world of feeling abfeeling about being ty night? >> it is bitter sweet this is not how they intended to spend monday night. but also i would just say it's part of that bridge. monday is a start of the bridge to passing the torch to thursday night. reagan, bush, clinton all

jesse: has the ftc going to do it? how is the ftc going to go after price gouging?going to stop prices from rising? are they going to set prices? are they going to set prices? so now it's just a lot she's going to take that back? >> she did not say price control she said she's going to try to stop price gouging. which i think everyone would agree we want to see happen. >> the price of milk and bacon and chicken goes up, who is gouging? like 711? [laughter] are the guys that milk the cows back in vermont? nnote mike, who is doing the gouging? it does not make sense. wholesale prices have gone up the same amount as retail prices. >> that is right. she will have to explain all of that. she will have to explain what she means and helping her first interview she will do just that. jesse: how is biden world of feeling abfeeling about being ty night? >> it is bitter sweet this is not how they intended to spend monday night. but also i would just say it's part of that bridge. monday is a start of the bridge to passing the torch to thursday night. reagan, bush, clinton all s

the ftc says they do not have the authority. that rule was to take effect next month.nd crowdstrike is hitting out at what it calls shady, efforts by rivals to share customers since a bad software update caused an outage last month. attempt by competitors to use a disruption for their own products is misguided. they couldn't guarantee their own software would never caught a similar incident. crowdstrike has shared a quarter of its market value since the tech outage on july 18th, frank. >> pretty dramatic drop. silvana, great to see you, thank you very much. >>> moving on to an earnings report coming up later today, target reports just about an hour from now. walmart's report last week reported it's not falling off a cliff. investors are not expecting blowout numbers from targets who have been losing customers to values like walmart, target, and amazon. >>> thank you for being here this morning, especially in studio. always good to see you. >> thank you for having me. >> you're positive in the long term. in near term, you're neutral due to a bigger discretionary mix. i'

jesse: has the ftc going to do it? how is the ftc going to go after price gouging?y going to stop prices from rising? are they going to set prices? are they going to set prices? so now it's just a lot she's going to take that back? >> she did not say price control she said she's going to try to stop price gouging. which i think everyone would agree we want to see happen. >> the price of milk and bacon and chicken goes up, who is gouging? like 711? [laughter] are the guys that milk the cows back in vermont? nnote mike, who is doing the gouging? it does not make sense. wholesale prices have gone up the same amount as retail prices. >> that is right. she will have to explain all of that. she will have to explain what she means and helping her first interview she will do just that. jesse: how is biden world of feelfeeling about being there my night? >> it is bitter sweet this is not how they intended to spend monday night. but also i would just say it's part of that bridge. monday is a start of the bridge to passing the torch to thursday night. reagan, bush, clinton all

has the ftc at all signaled a change in how it views mega mergers?think over the past couple of years, they have been more aggressive in their enforcement efforts of mergers, both large and small. so i think this in that sense is a logical extension of their prior aggressive enforcement actions to attempt to block larger mergers. >> do you see the supermarket chain merger happening or not? >> well, there's a couple of things that i don't know. first of all, like any antitrust case, there are potentially some internal emails and communications between the parties that have not seen the light of day yet. and may not see the light of day. they may be kept secret by the court. so much depends upon what those emails say. second of all, the parties have agreed to divest approximately 579 stores that overlap in certain geographic areas, and they would sell those stores in about a $3 billion deal to a third party called cns. much of the hearing i think, will depend on how cns holds up under cross examination. i think the government will take the position tha

what does that sound like to you in terms of keeping someone at the ftc?uggests the road the administration has been on in big tech is something they are looking to do for big food. in this announcement about price gouging, harris and her team have talked about the kroger-albertsons deal. this is an issue at the executive level, meaning they do not need congress to do it, they can start targeting deals that have pressure on people's pocketbooks. scarlet: i believe she singled out or really looked at the meat industry as one area they can target. laura: meat has been one of the key drivers of pricing and has been a problem since the pandemic. we look at this holistic look of , what can we do realistically knowing energy prices are not going down and prices will not fall from where they have been but we can slow the growth? these are the different tools in their toolbox they are looking at. scarlet: thank you for giving a preview of what we might hear from kamala harris when she starts speaking in just under two hours. let's continue the conversation on what

an ftc spokeswoman said the agency is weighing an appeal.e the most ttelegraphed filing of the year, jennifer lopez filing to end her marriage to ben affleck. the couple who married in july of 2022 were photographed separately for months. 55-year-old lopez filing in la county superior court, listing the date of the separation at april 26. tmz is reporting there's no prenup. the net worth estimated at $640 million. they recently put their $60 million beverly hills home on the market. but it has not sold. it's going to be considered community property in that state. and then there is this, rfk junior's running mate is suggesting the ticket may drop out of the race soon to support former president trump and prevent a kamala harris presidency. watch. >> i have to say there's only one party that has obstructed fair -- a fair election for us and unfortunately it was the democratic party. they've done everything they can including creating pacs to prevent us from having ballot abscess. the idea of a unity party, fighting for our childrens' health,

the lawsuit is challenging the ftc's authority and claims its process for ruling on mergers violatesn. this legal challenge comes after the supreme court weakened the power of regulatory agencies. in a ruling back in june. analysts believe the outcome of this case could have a big impact on future mergers targets. efforts to stop theft appear to be working, according to the most recent data they've released. the company's loss of inventory from theft, damage or poor record keeping has gone down since 2022. target says closing several stores that were hit hard by theft has helped. they've also implemented lock cases for commonly stolen merchandise. there are future plans to work with federal law enforcement to create new tech to help stop further theft. >> and we take a live look now at the new york stock exchange as trading gets underway this morning. you can see that we're up about 40 points. >> netflix released a trailer for chestnut versus kobayashi unfinished beef. it shows san jose native joey. it's not chestnut and rival takeru kobayashi in front of a plate filled with hot dogs

what i'm watching for is lena khan, the current chair of the ftc, her term expires this fall.she get reappointed. does a president harris try to keep her on? i think that's an open question, especially the fact she was the former senator from california, much closer to the tech industry than joe biden has been. obviously, if donald trump is elected, there would be a new chair of the ftc, but what i warn investors at raymond james is just because you could see a changeoverbetween biden to trump, the populism that's pushing for some of the aggressive actions against big tech doesn't go away. in many ways, a lot of the concerns about big tech were highlighted for four years under his presidency, so kind of this larger antitrust populism that exists is one of those other issues that stay. but how it gets litigated is going to be obviously very different. >> good stuff. jd vance has been vocal about his interest in breaking up big tech. interesting to see. it will be interesting to see how this plays out. ed, thank you. >>> coming up, another check on the chips. our trader has a po

ultimately it's a fine balance and i've spent some time with the ftc talking to them about this whichch investor, i like the idea of being tough on amazon and google and apple and meta. liz: but they have the lowest prices. amazon and walmart have the lowest prices. >> sure, yeah, absolutely. overall we're talking about trying to stop anti-competitive behavior to allow innovation and for that. on the other hand you also have to let the market operate, which is the point you're getting towards which is the market operates and there are times where there truly is collusion and if there's evidence of that we should absolutely pursue it but at the same time i think this ftc overall has been too tough on business, too tough on turning down acquisitions and created a real chilling effect throughout the start-up community where there's lack of liquidity and the reason we felt that over the last three-years is a lot of m&a deals would have gotten done in the past haven't been happening because people think there's no way the ftc will let them happen so yes of course the ftc should exist and s

the ftc says care.com has agreed to an $8.5 million settlement to address what the ftc calls unlawful practices, which include misleading both job seekers and job posters who use the site. care.com used inflated job numbers and baseless earnings claims to lure caregivers onto its platform. ftc says the settlement money will be issued to refunds to consumers who were harmed by the company's misleading practices. as summer winds down, millions of americans are heading out for one more vacation. the tsa expects this labor day holiday to break records. fox's chris foster has more. reporter it's expected to be the busiest labor day travel weekend on record. >> millions of folks hitting the rails, roads and skies for one last summer vacation. according to aa, most americans will be staying in the u.s. with domestic travel up 9% from last year. seattle tops the list for most popular destinations, followed by orlando, anchorage, new york city and boston. the cost to travel internationally over labor day is up 11%, and that means that overall bookings are down a little bit because it's a littl

boy, there's nothing the tech world hates more -- >> than the ftc. >> jon: then the ftc.ings right and something's wrong. but in this case, with the pbms, they are crushing them and it is justified. >> jon: is it something that can't be done throughout health care? one of the difficult things with health care is the contingencies of, you can't really comparison shop when you have a heart attack. you are basically saying, drive me to the closest hospital and take care of me. but those prices you are talking about, you could get heart attack treatment at this hospital, it is $150,000. you go up the street and it is $12,000. nobody knows. >> what happens is, who is paying? if you come i got for bread, have a heart attack, let's just say, it is going to your employer. your employer has no idea what they are paying so what we are saying, on drugs first and now we are just getting it approved today, we are going to publish all contracts. never before has it been done. for my companies, we are saying, if you want to do business with us at some of this hospital system wants to wo

. >>> a federal judge in texas has struck down the ftc's ban on non-compete agreements.aid the agency doesn't have the authority to issue the rule, which would have taken effect next month. an estimated 30 million u.s. workers are bound by non-competes. an ftc spokesperson says they are disappointed by the decision and are seriously considering a potential appeal. >>> disney says it will no longer try to block a wrongful death lawsuit by using the plaintiff's disney+ subscription as justification. jeffrey piccolo filed suit against the company after his wife died from allergic reaction at an independently-owned restaurant in disney world. they said he agreed to terms in a disney+ subscription. disney says it won't use the argument in court. >>> still to come, jenny from the block is giving back one rock that she's got. and ben and j. lo inngbrgi an end to months of rumors in a love story that spans decades. and to fight heartburn, why take 10 antacids throughout the day when you can take 1 prilosec. for easier heartburn relief, one beats ten. prilosec otc. one pill. 24 h

we cannot expect the same ftc to perform any better if we are empowering the same organization to makeelatively speaking the same arbitrary decisions. the way i explained this to a conservative who, may not share conservative goals, but a conservative who says the right ways to use muscular state intervention to achieve our goals or else we will never get there. to use the case of u.s. steel, anybody in the room know who the top shareholders are of u.s. steel? >> blackrock. vivek: blackrock. blackrock is the top shareholder of u.s. steel, a top shareholder, along with vanguard. the very institutions that have advanced so-called environmental, social, and governance agendas through proxy voting power in american corporations, since i do find it to be a bit of a mystery that it would be a nominally conservative call for the u.s. government to intervene on behalf of blackrock to remain the largest shareholder of an american corporation, when in fact, that so american fund of blackrock has been voting for emissions caps u.s. companies while failing to vote for the same caps on chinese comp

the ftc is looking for similar requirements for the communications industry. >>> and new research suggests 7 to 12 miles below the martian crust. we'll be right back. we'll be ri. why use 10 buckets of water when you can use 1 fire extinguisher. and to fight heartburn, why take 10 antacids throughout the day when you can take 1 prilosec. for easier heartburn relief, one beats ten. prilosec otc. one pill. 24 hours. zero heartburn. skincare can start in the laundry room. that's why i always recommend all free clear for sensitive skin. it's free of dyes and perfumes. it's a key part of my self care routine. it's a clean that's gentle on my skin. for an effective clean that's gentle on skin, all you need is all free clear™ i thought i was sleeping ok... but i was waking up so tired. then i tried new zzzquil sleep nasal strips. their four—point lift design opens my nose for maximum air flow. so, i breathe better. and we both sleep better. and stay married. head & shoulders bare clinically proven dandruff protection with just 9 essential ingredients no sulfates, no silicones, no dyes. dandruff p

the ftc said they were illegal. most companies struck them from their rules and contracts, but a federal judge says the ban goes beyond the ftc's power. we'll see if the agency appeals the ruling. well, here's elon musk walking into the office on his first day after buying twitter. accountants at pitchbook have taken a look at the 13 billion. the banks loaned musk to buy twitter said it was the worst thing that happened to banks since the 2009 financial crisis, because those banks can't unload the debt, they can't find anybody to take over the loans. musk posted this to the social network x, saying he's ready for a new job in the trump administration. now he and trump had a tech plagued interview on x a few weeks ago in which they floated the idea of musk helping find wasteful spending in government. musk would presumably keep all of his other jobs, including ceo of tesla. his job at x space x x ai the boring company. et cetera. investors at tesla, musk's only public company, have been worried he's stretched himself

an urgent warning from the ftc.for cryptocurrency are on the rise, and the scammers are often targeting older americans. christine romans has more. >> reporter: it shows up as a security pop-up alert on your screen warning you to call a number for immediate help to protect your money. it happened to marilyn when she was browsing on her ipad. over two days a gang of schemers drained her of more than $30,000, she says, convincing her to deposit money into an atm typically used to convert cash into the cryptocurrency bitcoin. >> i just called the number without thinking, you know, it would be anything other than apple. >> you thought you were protecting your money. >> i thought i was because after the gentleman from apple, he then connected me with someone who was supposed to be a representative of my bank. >> reporter: he told her because of a fraudulent charge on her account, she should withdraw cash and deposit into a specific bitcoin atm promising the money would show back up in her bank account the next day. >> i

the ftc also claims the merger could create a monopoly in some small towns.her opening statement, the ftc lawyer saying stopping this multi-billion dollar deal will keep in place the vigorous competition that acts as a check on rising grocery prices. but the grocery giants insist the $24 billion merger will benefit shoppers. >> the companies, for their part, argue this is actually going to help them rein in costs and better compete with the big rivals like walmart and the big box chains like costco. they also say they're not going to shut down stores. they're not going to put people out of work. >> it comes amid another sign that shoppers are pulling back on spending. a new survey shows sausage sales are up. experts say that typically happens when shoppers are looking to stretch their budget, opting for sausage over more expensive steak and chicken. inflation is down, but overall food prices are up more than 20% since before the pandemic. the trial over the supermarket merger is expected to last more than two weeks. colorado and washington have also sued to s

the ftc says the average loss this year is $10,000 per victim.w york. >>> all right. when we come back, her house collapsed during historic floods. she thought she had lost it all but tonight the surprising way she got one precious memory back. >>> when we come back, her house collapsed during floods and thought she lost it all. tonight the surprising way she got one precious memory back. a once-daily pill for moderate to severe plaque psoriasis, and the chance at clear or almost clear skin. it's like the feeling of finding you're so ready for your close-up. or finding you don't have to hide your skin just your background. once-daily sotyktu was proven better, getting more people clearer skin than the leading pill. don't take if you're allergic to sotyktu; serious reactions can occur. sotyktu can lower your ability to fight infections, including tb. serious infections, cancers including lymphoma, muscle problems, and changes in certain labs have occurred. tell your doctor if you have an infection, liver or kidney problems, high triglycerides, or

we want to give that same tool to the federal government so the ftc can do it.ay that the ftc looks at the basic data, the numbers, and says wow, you have market dominance, we are going to look at your trade practices here. we will look at your purchasing practices under the robinson patman, are you charging more to little companies then you charge big companies? we go after unfair practices there. the same kind of thing is possible on price gouging. it has been done for decades now. now it is time to use that tool nationwide against nationwide companies. >> senator, i appreciate that. thank you very much for sharing how that will work. thank you for being with us. >>> next, donald trump has picked a fight with unions. what the president of the seiu thinks of the trump vance ticket. this is the weekend. weekend. -m. t-mobile connects 100,000 delta airlines employees. powers tractor supply stores nationwide with reliable 5g business internet. and helps red bull revolutionize coverage of live events. this is how business goes further with t-mobile for business. so

i happen to think she's the best ftc chair we have had for a very long time.is is going to be successful in taking on corporate greed and taking on concentration of ownership she's going to need somebody like lina khan at the head of the ftc. >> finally, senator, do you think the price issue still crowds everything out in people's perception of the economy the way it did six months ago, a year ago? >> inflation is going down but i think especially when you walk into a grocery store people are legitimately concerned. by the way, one of the other issues she talked about today was the expansion of the child tax credit and making it permanent. in the american rescue plan we, by doing that, cut childhood poverty in america by over 40%. you make that permanent, we deal with the outrage in the richest country in the world we have the highest rate of childhood poverty of almost any major country so paying attention to the needs of parents and kids is enormously important and i'm glad she's doing that. >> senator bernie sanders, thank you for your time tonight. >>> sti

the ftc also says they're going to get the bad end of the steel because the unionized bargaining powerhe high-profile ftc going after merger using labor market theory, the trial, the case goes to trial in oregon and expected to last three weeks. stuart: what is this about uber being fired a large amount of money like $300 million in europe, what are they supposed to do. >> 225 million by benevolence data protection watchdog they transfer data from europe to the u.s. without proper protection, the dutch regulators that were collected sensitive information like medical records and photos and that's a violation of the privacy laws. $325 million what's this about a fire at rivian. >> the only plant as it stands in the state of illinois. there was a fire in a parking lot, the cause we don't know the damage some of the ev's and that number has not been specified but the plant makes the r1 suv the pickup truck and will eventually make the cheaper version when it comes out. stuart: not much impact on the stock down 21 cents. crowdstrike another report on wednesday a lot of people cutting their

there is a lot of this agreement between the ftc's -- disag reement between the ftc's view and those merger. host: your headline, the ftc's fight against the merger may hurt the very consumers it is supposed to protect. explain. guest: what people often do is break out the rankings of the biggest grocery store chains in america, and when they do that, you will find kroger and albertson's are the fourth and fifth. it is pretty easy to say, oh no, they combine, that is a monopoly. the problem is, they, even if combined, would still be small in terms of store outlets and grocery store sales as walmart, who is number one, for example, in groceries. also the way the ftc's defined with the grocery market is, it curiously excluded online grocery retail, like amazon, and club stores like costco. amazon and costco happen to be the second and third largest grocers in america. the reality is -- you can make a very strong argument that, if you want to protect us against monopolistic behavior, a combined kroger and albertson's would actually be a more formidable competitor with some of those bigg

there is a lot of this agreement between the ftc's -- disag reement between the ftc's view and thoseerger. host: your headline, the ftc's fight against the merger may hurt the very consumers it is supposed to protect. explain. guest: what people often do is break out the rankings of the biggest grocery store chains in america, and when they do that, you will find kroger and albertson's are the fourth and fifth. it is pretty easy to say, oh no, they combine, that is a monopoly. the problem is, they, even if combined, would still be small in terms of store outlets and grocery store sales as walmart, who is number one, for example, in groceries. also the way the ftc's defined with the grocery market is, it curiously excluded online grocery retail, like amazon, and club stores like costco. amazon and costco happen to be the second and third largest grocers in america. the reality is -- you can make a very strong argument that, if you want to protect us against monopolistic behavior, a combined kroger and albertson's would actually be a more formidable competitor with some of those bigger

the judge ruled the ftc didn't have the authority to ban practices it deemed it's unfair by adopting broad rules. ftc plans to appeal it. >>> over 28% of americans looking for a new one, according to a new york fed survey, the highest rate in the decade, the outlook on the economy is worsening despite the fact that the unemployment rate remains low. >>> and beyonce is getting into the luxury liquor business, launching a new whiskey line. the superstar joins george clooney, using their status to elevate premium whiskey brands. she'll sell one or two, i think, guys. >> one, two, maybe. 500 if i have it my way. i only drink water here, folks. just to be clear. steve, thank you. >>> coming up, way too close for comfort. how did this woman manage to get inside a tiger enclosure at a new jersey zoo, she's okay, but police are trying to identify her and that's why they're putting out this incredible video. >>> plus the dramatic escalation in the war in ukraine, the new allegations from russia ahead on "nbc news daily". when my doctor gave me breztri for my copd things changed for me. breztr

the ftc will show up to your business and go let me see your books. you make so much money last year? i'm from the government and i'm here to tell you whether or not you are price gouging. that is going to cause american businesses to shrink up, not want to be in business, not want to open up a new business, not want to add a new location, not want to expand, and that is what we heard about today. >> judge jeanine: some of this so-called price gouging, the crazy part of it is it's about supply and demand, jessica, and republican and democrat economists agree that price gouging is something that generally doesn't end up very well. but she was calm and she talks about, kamala talks about her being the attorney general and i prosecuted these cases. price gouging is all prosecuted by the states. why didn't she call the individual attorney general together and say she has been there 3 1/2 years, let's get to together and deal with price gouging. all the reach of your states, the white house will help you price college and find out who should be prosecuted.

it could include new powers for bodies like the ftc, the federal trade commission, what the ftc can do today it's it can investigate price fixing. it can also stop mergers taking place between grocery companies, for an example, if they think that consumers will face higher prices as a result, she will talk about the meat industry that's critical because there's just a few names that control a big market. what the ftc can't do is go into a grocery and say, hey, your eggs prices are too high and they need to come down that would require an enormous expansion of powers and congressional involvement with just got to hear if she gives us to your point, boris more details on this, but we also need to understand the problem. is it about corporate greed, or is it about supply chain issues post pandemic workers availability in the agricultural sector wages going up climate change bad crop yields, for example, it's a whole host of problems. so, yes, i think it flies with voters, the practicalities are far more difficult to handle and julia, vice president harris, also unveiling some plans to hel

in december of last year the ftc blocked a merger between about tech company and a cancer test maker.y argued the $7.1 billion acquisition would harm the cancer diagnostics industry. in 2022, the ftc got the fortnight video game studio epic games to pay half $1 billion in fines and refunds for violating children's privacy laws. and the federal trade commission prevented several mergers between amazon and the vacuum maker i robots, between -- and fellowship designer arm. both of which were abandoned after the ftc sued to block them, arguing they were too monopolistic and anti- competitive. but khan suffered setbacks. though she recently overturned -- let me forget about that for a second. i want to talk about the chevron doctrine in a second. earlier this year khan attempted to ban noncompete agreements in a worker contracts arguing that based -- freely switching jobs thus depriving them of earning more wages. but just this week, a federal court in texas overturned the rule due to a lack of quote, substantive rulemaking authority. of that is because of the overturning of the chevron de

the ftc says the average loss this year is $10,000 per victim.. >>> all right. when we come back, her house collapsed during historic floods. she thought she had lost it all but tonight the surprising way she got one precious memory back. >>> when we come back, her house collapsed during floods and thought she lost it all. tonight the surprising way she got one precious memory back. a once-daily pill for moderate to severe plaque psoriasis, and the chance at clear or almost clear skin. it's like the feeling of finding you're so ready for your close-up. or finding you don't have to hide your skin just your background. once-daily sotyktu was proven better, getting more people clearer skin than the leading pill. don't take if you're allergic to sotyktu; serious reactions can occur. sotyktu can lower your ability to fight infections, including tb. serious infections, cancers including lymphoma, muscle problems, and changes in certain labs have occurred. tell your doctor if you have an infection, liver or kidney problems, high triglycerides, or had a

a federal judge in texas upheld a challenge to the ftc's rule banning the controversial contracts that prevent workers from joining their employer's rivals or launching competing businesses. the ftc argues the agreements stifle workers ability to switch jobs and earn higher wages. >> it's clear that the freedom to leave your job and take another job is fundamental to a free and fair economy. >> the ban was set to take effect on september 4th, but it's now permanently on hold. the ftc says it's seriously considering a potential appeal. >> struggling camera maker gopro is cutting jobs now as part of a restructuring plan to reduce operating expenses. the san mateo based company says nearly 140 people will be laid off, and that is 15% of their workforce. earlier this month, gopro reported its revenue was down 22% from last year. that's a drop of $186 million just for the second quarter. >> we're coming up on a month since the park fire began and firefighters are still far from total containment. the fire has burned more than 429,000 acres across four counties north of chico. it's at 57% co

a federal judge in texas upheld a challenge to the ftc's rule banning the controversial contracts thatvent workers from joining their employer's rivals or launching competing businesses. the ftc argues the agreements stifle workers ability to switch jobs and earn higher wages. >> it's clear that the freedom to leave your job and take another job is fundamental to a free and fair economy. >> the ban was set to take effect on september 4th, but it's now permanently on hold. the ftc says it's, quote, seriously considering a potential appeal. >> a spike in fraud cases and scams has led to the fbi launching a nationwide campaign called take a beat from january to may of this year, the fbi says americans lost $1.6 billion due to various schemes. that's $300 million more than the same time last year. the agency's message to people resist pressure to act quickly, pause, take a beat and assess the situation. if a person or business you aren't familiar with reaches out, do your research first. >> today on gma, a story we first told you about right here on abc seven. a google map feature more peo

. >> totally unworkable for ftc to be deciding how much kroger charges for eggs. >> is this a play? reacts to kamala's policies coming up next. the itch and rash of moderate to severe eczema disrupts my skin, night and day. despite treatment, it's still not under control. but now i have rinvoq. a once-daily pill that reduces the itch and helps clear the rash of eczema —fast. some taking rinvoq felt significant itch relief as early as 2 days— and some achieved dramatic skin clearance as early as 2 weeks. many saw clear or almost-clear skin. plus, many had clearer skin and less itch, even at 3 years. rinvoq can lower your ability to fight infections, including tb. serious infections and blood clots, some fatal, cancers including lymphoma and skin, heart attack, stroke, and gi tears occurred. people 50 and older with a heart disease risk factor have an increased risk of death. serious allergic reactions can occur. tell your doctor if you are or may become pregnant. disrupt the itch & rash of eczema. talk to your dermatologist about rinvoq. learn how abbvie can help you save. >> carley:

and to your point, there are plenty of other cases the ftc coming after amazon.ing to take a while, though. it's going to be years before the appeal is potentially heard. the next step according to cantor, there will be a conference around remedy but even the judge may decide on remedy, after he hears from all sides and does that it's not clear to me, but it's not clear what the remedy will be and you will have the appeal anyway. it's not going to be in place. >> it's fascinate too l. consumers are not directly impacted about i this. your data is paying for this and footprints across the web, but it's an antitrust issue across the companies looking to pierce this part of the market, but it's not something that has resulted in higher prices or issues for consumers in a direct way either. to me, i'm not a lawyer, but somebody watching, it sort of represents a shift to me in terms of what we're seeing with these cases versus ten years ago. >> they would say it stifles innovation, preventing competitors from being able to access this number of devices that apple has

disclosure, i'm a hshareholder of walmart walmart is advocating for the consumer against the unfair ftcrges by the price gouging of retailers. not true the farmers are suffering, the shoppers are suffering and the big brands like kellogg and kraft are benefitting by price gouging. for example, walmart and cheerios is 200% higher. it is not walmart. the farmers are receiving less, but the cereal millers are raising prices with impunity when input costs are down. walmart is fighting for brands as kroger and costco the ftc is looking in the wrong direction and walmart, by being a low-priced leader, has a fantastic future both for the second calendar half of this year and going into the second half of this decade. >> i have to jump in here. you said something really interesting now. you said input costs are down. of course, we are seeing inflation move in the right direction in the united states, but to what extent are higher costs impacting the american consumer and biting into consumption? >> dan, to your important question, 65% of american consumers are living paycheck to paycheck the un

the federal government rather than the ftc system is the appropriate venue to argue the merits of thend several state attorneys general are seeking to block the nearly $25 billion merger saying it would hurt competition and push food prices higher. >>> alaska airlines proposed merger with hawaiian airlines has cleared a regulatory hurdle with the justice department. last week, alaska agreed to extend the review period for the $2 billion deal which has expired. the department of transportation has to approve the transaction and if completed, this would be the first merger since 2016. >>> and harley-davidson is the latest company to make changes to the diversity and inclusion efforts following pressure from activists and conservatives. in a letter posted on x, the. >> caller: is company is lookint growing motorcycle sports and retaining our loyal riding community. harley says employee training will only be related to the needs of the business and won't include socially motivated content. conse contessa. >> thank you. >>> lowe's will report at the top of the hour. investors have muted ex

because ftc and doj are on the case. they were learning more about the price-fixing going on.st the past two years we've learned chicken producers from the washington's attorney general were conspiring to raise the price of chicken. we learned one of the producers of eggs in this country were found guilty by a jury of price-fixing. it is rampant in our economy, and the only way you take it on is make sure there's competition and you have cops on the beat in the government who do something about it. >> let's kind of disabuse people that are freaking out especially republicans about it being some type of marxism or communism by having kamala harris suggest she's going to combat and get rid of price gouging. let's be clear, kamala harris is not saying she's going to randomly pick prices to further chickens and for their eggs and whatever. what she's going to do is make sure there's administrative agencies -- but administrative agencies are going to be checking this and making sure and gate keeping so that corporations aren't allowed to just set the prices or whatever the heck the

we don't need the ftc empowered with further authority and i'm consistent in my view of that.ncies across the board. i think our founding fathers never envisioned it. it wasn't that way for most of national history and i think with respect to the ftc or other any three letter agency is to actually constrain the scope of what they're wanting to do. if the american people want to do it, they can do it through congress, not through backdoor rule making written by people never elected to make the rules in first place. that's the way i see it. >> vivek, good to have you on this morning. hopefully it won't be so long until next time we see each other. good to have you on. >> good conversation. thank you, guys. >> okay. >>> coming up, a preview of nvidia's results which will be released wednesday with gene munster. we will be right back. search talent all over the world with over 10,000 skills you may not have in house. more than 30% of the fortune 500 use upwork because this is how we work now. what is cirkul? cirkul is the fuel you need to take flight. cirkul is the energy that get

this was done of a fefrl from the ftc. agency accusing tiktok of permitting users under 13 to create accounts where they can message and be messaged by adults. the agency has alleged the video app failed to remove kid's information after their parents asked for it to be deleted. in a statement, the head of the justice department's civil division said that -- >> now, this is not the first time that tiktok's data collection has put them in hot water. the predecessor was sued in 2019. since then, tiktok has been subject to a court order to take specific measures to comply with the law. the doj says they are seeking civil penalties and relief. kelly? >> emily, add that to a busy day. >>> the major averages down 2% across the board. the small cap rally is on hold. my next guest does not think we're destined for a hard landing, just a bumpy one. great to see you, steve. you know, look, if this is a rotation, should. the small caps being doing better? >> hi, kelly, first of all, great to see you. the problem is here, there's two

. >>> in home care services platform care.com agreed today to pay $8.5 million to settle ftc chargesf available jobs in membership cancellations and the ftc said the platform enticed people to buy auto-renewing memberships by overstating the number of open jobs on the platform and then mislead customers into thinking they canceled and the settlement, care did not admit any wrongdoing. >>> and the yankees jersey worn by babe ruth just became the most expensive piece of sports memorabilia ever sold. the jersey worn in game three of the 1932 world series sold sunday for $24 million. the prior record, a topps mickey mantel card sold for $12.6 million. >> tyler, thanks, and welcome back. i'll see you next hour. tyler mathisen. we're getting new details in a story roiling the tech world today. the found are of dubai-based telegraph arrested in france over the content moderation approximately sees. prosecutors say his arrest is tied to an investigation open last month into charges of complicit and various crimes including the distribution of child pornography, drug sales and money launderin

because the ftc and the doj are on the case.he beat and we are learning more about the price-fixing that is going on. in just the past two years, we learned chicken producers, from the washington attorney general bob ferguson, were conspiring to raise the prices of chicken. we learned one of the major producers of eggs was found guilty by a jury for eyes fixing. it is rampant in our economy. the only way to take it on and make sure their competition in the economy and you have cops on the beat in government who do something about it. >> let's disabuse people that are freaking out, especially republicans, about some type of marxism or communism by having kamala harris suggest that she's going to combat and to get rid of price gouging. let's be clear, kamala harris is not saying she's going to pick prices for your chickens and for your eggs and whatever. which is going to do is make sure that there's administrative agency, we could have a conversation about chevron and how it destroys that but administrative agencies are going to