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Mark was the one who took the stand
Meta, which is facing a lawsuit by the US Federal Trade Commission over alleged anti-competitive practices, has said that all of its major apps are free and rival apps also do not charge. It further said that the quality of its apps has improved on every objective measure. The FTC is seeking to break up…
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The FTC tells staff not to call the agency independent in complaints
US Federal Trade Commission (FTC) Commissioners Kelly Slaughter and Alvaro Bedoya on Monday sued President Donald Trump, accusing him of firing them in a “direct violation of a century of federal law and Supreme Court precedent”. They alleged that Trump fired them “in direct violation of a 1935 Supreme Court case about limits of presidential…
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John Deere is facing a lawsuit
The US Federal Trade Commission (FTC) has sued John Deere over alleged anti-competitive practices like restricting access to its software, making it difficult for owners to diagnose and fix problems themselves. It said Deere maintained monopoly power over many repairs. The lawsuit accused Deere of withholding access to its technology and best repair tools and…
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The FTC is investigating the investments made by Microsoft, Amazon and other companies
The US Federal Trade Commission (FTC) has opened an investigation into artificial intelligence (AI) products made by OpenAI and Microsoft’s Anthropic. The agency has asked the companies for information on the specific investment agreements, how these investments influence product releases and oversight rights. It also asked to know how these investments affect market’s share, competition…
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The FTC bars people from selling goods that they don’t really need
The Federal Trade Commission has issued a final order that prohibits the tax-filing service provider TurboTax from calling its services “free” when most customers end up having to upgrade to paid services. “Free means free…not ‘free for a few’ or ‘free for some’,” Samuel Levine, director of the FTC’s Bureau of Consumer Protection, said in…
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The Obscure deal is the reason that America’s privacy protections are broken
The US Federal Trade Commission (FTC) has announced it will review Google’s and Facebook’s “consent decrees” on data collection and retention of children under 13 in an attempt to protect their privacy on social media. The FTC said it will be collecting public comments on the proposal for 60 days after posting notice in the…
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There is a match between Jeff Bezos and Lina Khan
The US’ Federal Trade Commission (FTC) and state attorneys-general on Monday filed a lawsuit against Amazon to stop the company from abusing its dominant market position. The lawsuit seeks a permanent injunction against Amazon’s anti-competitive practices, saying that the e-commerce giant deprives third-party sellers of the ability to sell on the platform. Amazon has a…
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This is a big tech’s real cage match, between Jeff Bezos and Lina Khan
The Federal Trade Commission (FTC) on Tuesday sued Amazon alleging the e-commerce giant abused its dominant market position. The FTC said that Amazon “brutalised” rivals by charging excessive prices, restricting choices and “making it virtually impossible for third parties to compete”. It further alleged that Amazon “exploited its dominant market position to suppress competition”.
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The FTC has an antitrust lawsuit against Amazon
The US Federal Trade Commission has filed a lawsuit against Amazon for allegedly violating antitrust law and unfairly favouring its own products. It accused Amazon of “unfair and deceptive” practices including punishing sellers for offering low-priced products on different platforms and only allowing sellers to use Prime shipping benefits. Amazon has paid over $30 million…
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Ahead of an EU hearing, Microsoft signs a binding deal with Nintendo
Microsoft has signed a deal with Nintendo to bring ‘Call of Duty’ to the latter’s consoles, Brad Smith, Microsoft’s Vice-Chair and President, said. “We continue to believe that this deal will expand competition and create more opportunities for gamers and game developers,” Smith added. Earlier, Microsoft was sued by the US Federal Trade Commission over…
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The FTC says Betterhelp shared customer data while promising it was private
US Federal Trade Commission (FTC) has agreed to order GoodRx to pay 7.8 million to settle its complaint alleging it shared consumer health data with Facebook, Google, Criteo, Branch and Twilio. This information was used to target GoodRx’s users with personalised ads specific to their medications and health on Facebook and Instagram. The agreement will…
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Microsoft responded to the FTC’s lawsuit
The US Federal Trade Commission (FTC) has filed a lawsuit against Microsoft’s acquisition of Call of Duty maker Activision Blizzard. The lawsuit alleges that the deal will increase Microsoft’s monopoly in video games and cloud gaming and allow it to suppress its own rivals. The FTC has also alleged that the deal would “hurt developers…
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More than 200 million email addresses have been leaked by hackers.
Twitter has been hacked and a database containing email addresses of more than 100 million users was leaked online, cybersecurity firm Zatko reported. The database was reportedly being sold on one hacking forum for as little as $2. Zatko claimed that Twitter’s shortcomings on security reflected a breach of Twitter’s binding commitments to the Federal…
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The Federal Trade Commission wants to ban noncompetes for workers.
The US Federal Trade Commission (FTC) has proposed a rule to ban employers from imposing non-compete agreements on employees and to rescind all existing non-compete agreements. The FTC argued that such agreements suppressed competition, Wages and entrepreneurship. However, the proposed rule would not ban employers from imposing other types of employment restrictions, such as non-disclosure…
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Microsoft is responding to the FTC’s lawsuit.
The US Federal Trade Commission (FTC) on Thursday said it has filed a lawsuit against Microsoft’s $69-billion takeover of video game company Activision Blizzard. The FTC said the deal could “suppress competitors to Microsoft’s Xbox game consoles” and the company’s growing games subscription business. Activision CEO Bobby Kotick said the FTC suit may SOUND “alarming”…
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Federal investigators are looking at Musk over his deal on Twitter, according to the company.
Twitter has said that billionaire Elon Musk is being investigated by federal authorities for his acquisition of the social media platform. The company accused Musk’s legal team of failing to produce draft communications with the SEC and a slide presentation to the Federal Trade Commission as part of the two sides’ ongoing litigation over whether…
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The firm will pay $520 million for privacy and deception cases.
Epic Games has agreed to pay $520 million to US Federal Trade Commission (FTC) to settle charges that it tricked Fortnite players into making unwanted charges. The FTC claimed Epic charged players for items that were unwanted in the game during the first half of the year. However, Epic said it had an agreement with…
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Federal investigators are looking into whether or not a Musk deal was unethical, said the social media company.
Twitter said in a court filing that it’s being investigated by the US Federal Trade Commission (FTC) in connection with the company’s $44-billion acquisition by billionaire Elon Musk. The FTC is probing whether Musk or any other person misled investors about the price he was prepared to pay for Twitter. Musk had acquired Twitter on…
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The FTC wants to block the merger of Microsoft withActivision.
Microsoft CEO Satya Nadella has said that the US Federal Trade Commission’s (FTC) lawsuit to block Microsoft’s $5 billion deal to buy Activision Blizzard won’t be a “huge mistake”. He added that the FTC’s allegation that Microsoft made some popular game titles exclusive to it didn’t align with the facts. He said, “We believe we’ll…
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Musk is under investigation by the federal government.
Twitter in a regulatory filing alleged that Tesla CEO Elon Musk and his legal team failed to produce draft communications with the Securities and Exchange Commission (SEC) and a slide presentation to the Federal Trade Commission (FTC). Twitter said it wasn’t told to burn notebooks as claimed by Musk’s team earlier this month. It added,…