Government Agencies FTC

  • WASHINGTON, Jan 17- Danaher Corp co-founder Mitchell Rales agreed to pay $720,000 to settle allegations that he failed to report stock purchases to the government so that they could be vetted to determine if they violate antitrust law, antitrust enforcers said on Tuesday. The Federal Trade Commission also reached a settlement with hedge fund founder Ahmet...

  • NEW YORK— The Federal Trade Commission is suing Qualcomm Inc. for allegedly maintaining a monopoly over a key device used in cellphones and other electronics. The agency said Tuesday that Qualcomm, the world's dominant supplier of baseband processors, imposes "onerous" licensing terms on manufacturers and weakens its rivals. In a statement, San Diego- based...

  • People walk past Qualcomm's stand during the Mobile World Congress in Barcelona, Spain February 24, 2016.

    U.S. regulators charged the company with using anti-competitive tactics over licensing.

  • WASHINGTON, Jan 17- The U.S. Federal Trade Commission filed a lawsuit against Qualcomm Inc on Tuesday, accusing the company of using "anticompetitive" tactics to maintain its monopoly on a key semiconductor used in mobile phones. The FTC, which works with the Justice Department to enforce antitrust law, said that San Diego- based Qualcomm used its dominant...

  • Larry Page

    Donald Trump's views on some issues alienated many left-leaning tech employees in Silicon Valley, but none more so than those at Alphabet.

  • WASHINGTON, Jan 17- The U.S. Federal Trade Commission filed a lawsuit against Qualcomm Inc on Tuesday, accusing the company of using "anticompetitive" tactics to maintain its monopoly on a key semiconductor used in mobile phones. The FTC, which works with the Justice Department to enforce antitrust law, said that San Diego- based Qualcomm used its dominant...

  • WASHINGTON, Jan 17- The U.S. Federal Trade Commission filed a lawsuit against Qualcomm Inc on Tuesday, accusing the company of antitrust violations in its patent licensing business. The FTC asked the U.S. District Court for the Northern District of California in San Jose to order Qualcomm to cease this and related practices. In February 2015, Qualcomm paid a $975...

  • Jan 17- Qualcomm Inc is set to face a U.S. antitrust case for allegedly using unfair practices in the way the chipmaker licenses its technology, Bloomberg reported, citing people familiar with the matter. Qualcomm's shares fell 4.5 percent to $63.90. In 2014, Qualcomm disclosed that the Federal Trade Commission was investigating its licensing practices.

  • WASHINGTON, Jan 13- A top U.S. senator asked the U.S. Federal Trade Commission on Friday to investigate whether Fiat Chrysler Automobiles NV deceptively marketed its diesel-powered SUVs and trucks.

  • SENATOR SEEKS FEDERAL TRADE COMMISSION INVESTIGATION INTO FIAT CHRYSLER DIESEL VEHICLES MARKETING- STATEMENT.

  • Whatsapp

    Messaging application WhatsApp has a flaw that may allow undelivered messages to be compromised, reports USA Today.

  • WASHINGTON, Jan 13- U.S. Federal Trade Commission Chairwoman Edith Ramirez will step down next month after more than three years as chair and six at the agency under Democratic President Barack Obama, the FTC said on Friday. Ramirez, who worked on the Harvard Law Review with Obama and later for his presidential campaign, is widely expected to be replaced by...

  • WASHINGTON, Jan 13- U.S. Federal Trade Commission chairwoman Edith Ramirez will step down after more than three years as chairwoman and six at the agency, the FTC said in a statement on Friday, adding that her departure will be effective Feb. 10. Ramirez, who worked on the Harvard Law Review with Democratic President Barack Obama and later for his campaign, is widely...

  • WASHINGTON, Jan 13- U.S. Federal Trade Commission chairwoman Edith Ramirez will step down after more than three years as chairwoman and six at the agency, the FTC said on Friday.

  • Jan 9- A federal judge has blocked a brother of professional racecar driver and payday loan businessman Scott Tucker from selling bogus debt portfolios to collection agencies, which have used them to get consumers to pay debts they did not owe, the U.S. Federal Trade Commission said. The FTC on Dec. 16 filed a civil lawsuit against Joel Tucker and three of his...

  • ALBANY, N.Y.— A government lawsuit seeks to ban a popular memory loss dietary supplement marketed to seniors, saying there's no scientific evidence to support its claims. Democratic New York Attorney General Eric Schneiderman and the Federal Trade Commission filed the lawsuit Monday against Madison, Wisconsin- based Quincy Bioscience, maker of Prevagen.

  • WASHINGTON, Jan 9- Quincy Bioscience LLC, which makes the memory supplement Prevagen, was hit with a lawsuit on Monday filed by the Federal Trade Commission and New York attorney general's office, which alleged that there is no proof the supplement works. The medicine, which costs $24 to $68 for 30 pills, is advertised on cable and broadcast television, according to...

  • WASHINGTON/ BOSTON, Jan 5- The U.S. Federal Trade Commission filed a lawsuit against D-Link Corp on Thursday, accusing the Taiwan- based manufacturer of failing to take reasonable steps to protect its routers and internet-linked security cameras from hackers. The FTC brought the charges as part of a broader effort to improve security of internet-connected...

  • WASHINGTON/ BOSTON, Jan 5- The U.S. Federal Trade Commission filed a lawsuit against D-Link Corp on Thursday, accusing the Taiwan- based manufacturer of failing to take reasonable steps to protect its routers and internet-linked security cameras from hackers. The FTC brought the charges as part of a broader effort to improve security of internet-connected...

  • WASHINGTON, Jan 5- The U.S. Federal Trade Commission filed a lawsuit against D-Link Corp on Thursday, arguing that the company failed to take steps to ensure that the routers and internet-linked security cameras that it manufactures could not be hacked. The FTC asked the U.S. District Court for the Northern District of California to order D-Link to improve its...