Federal Trade Commission
Marriott International Resolves State Attorneys General and Federal Trade Commission Investigations into 2018 Starwood Database Security Incident
MARRIOTT INTERNATIONAL, INC. | October 10, 2024
Marriott International, Inc. (NASDAQ: MAR, “Marriott”) has reached final resolutions with the Federal Trade Commission (FTC) and 49 U.S. State Attorneys General and the District of Columbia in relation to the 2018 Starwood Hotels and Resorts Worldwide guest reservations database security incident. The resolution with the State Attorneys General includes an agreement to pay $52 million. As indicated in the agreements with the FTC and the State Attorneys General, Marriott makes no admission of liability with respect to the underlying allegations. As part of the resolutions with the FTC and the State Attorneys General, Marriott will cont...
AHLA Statement on Court Ruling Against FTC Noncompete Rule
AHLA | August 26, 2024
WASHINGTON (Aug. 26, 2024) – American Hotel & Lodging Association (AHLA) Interim President & CEO Kevin Carey released the following statement after a federal judge in Texas blocked the Federal Trade Commission (FTC) from enforcing a rule that bans noncompete agreements. “The FTC overstepped its authority by approving a rule that allows federal interference in multitudes of business agreements across the country. In doing so, the FTC set a dangerous precedent for intruding into an area that has been regulated by the states throughout our nation’s history,” said AHLA Interim President & CEO Kevin Carey. “We applaud ...
What Your Hotel Needs to Know About FTC’s Stand Against Fake AI Generated Reviews
Lodging Interactive | August 3, 2023
The FTC acknowledges the emergence of generative AI and its potential impact on creating fake hotel guest reviews. The Federal Trade Commission (FTC) is taking a stand against deceptive practices in online reviews and social media metrics. With a proposed formal ban, the FTC intends to crack down on fake reviews, testimonials, and the use of phony followers and views to artificially inflate social media metrics. This means we’ll see a lot more hotels and travel businesses get authentic reviews and followers in the future! This latest move by the FTC builds upon previous actions targeting fake reviews. In 2019, the agency fined a third-p...
Eldorado Resorts Announces FTC Clearance for Pending Merger With Caesars
Eldorado Resorts | June 29, 2020
RENO, Nev. - Eldorado Resorts, Inc. (NASDAQ: ERI) (“Eldorado,” “Eldorado Resorts” or the “Company”) announced today that the Federal Trade Commission (the “FTC”) has accepted a proposed consent order, which concludes the FTC’s Hart-Scott-Rodino review of Eldorado’s pending merger (the “Merger”) with Caesars Entertainment Corporation (NASDAQ: CZR) (“Caesars”). The FTC’s acceptance of the consent order satisfies all required antitrust clearances for the Merger. The consummation of the Merger remains subject to the satisfaction of other closing conditions, including receipt of all consents and approvals from the...
