Government Agencies FTC

  • Why are so many deals being blocked?

    Frank Aquila, Sullivan & Cromwell Partner and Mergers & Acquisition Attorney, speaks about the climate for M&A and why so many deals have been blocked recently.

  • SPLS/OLP's shredded deal

    Former FTC Commissioner Julie Brill weighs in on the Federal Trade Commission stopping a deal between Office Depot and Staples for antitrust reasons as well as the state of M&A activity in the U.S.

  • Office Depot and Staples

    Staples and Office Depot became the latest companies to abandon plans for a merger after facing scrutiny on antitrust grounds.

  • WASHINGTON, May 10- A federal judge has ruled that two Pennsylvania hospital systems may proceed with a planned merger, refusing to order a preliminary injunction sought by the Federal Trade Commission. District Judge John Jones of the U.S. District Court for the Middle District of Pennsylvania on Monday said that the FTC had not shown it would likely succeed in...

  • U.S. authorities have asked mobile phone carriers and manufacturers including Apple and Samsung, to explain how they release security updates.

  • WASHINGTON, May 9- The U.S. Federal Communications Commission and Federal Trade Commission on Monday jointly sent letters to mobile carriers including AT&T Inc, Sprint Corp, Verizon Communications Inc and others asking questions about how they release security updates in the wake of growing questions about security vulnerabilities, the agencies said.

  • *Estimates $200 mln payment to settle probe. May 5- Herbalife Ltd, which has been accused by billionaire investor William Ackman of being a fraud, said it was in advanced talks with the U.S. Federal Trade Commission to settle a probe into whether it runs a pyramid scheme. The company estimated that a fine could be $200 million, which helped the company's shares rise...

  • *Estimates $200 mln payment to settle probe. May 5- Herbalife Ltd said it was in advanced talks with the U.S. Federal Trade Commission to resolve a probe into its business practices and the health supplements maker reported its first sales rise in six quarters. Herbalife has been under heavy scrutiny for its business practices, with billionaire activist...

  • Michael Johnson, chairman and chief executive officer of Herbalife Ltd.

    Shares in Herbalife jumped more than 13 percent in after-hours trading.

  • WASHINGTON, May 2- Businesses better have good evidence to back up claims of health benefits from their products, the U.S. Federal Trade Commission said on Monday after the Supreme Court rejected POM Wonderful's challenge to FTC findings that the juice maker's advertising was misleading. The Supreme Court left in place a lower-court ruling that largely...

  • WASHINGTON, May 2- The U.S. Supreme Court on Monday rejected POM Wonderful's challenge to a 2010 Federal Trade Commission finding that the pomegranate juice maker's advertising was misleading in claiming its products fight ailments such as heart disease, prostate cancer and erectile dysfunction. The Supreme Court left in place a January 2015 ruling by the...

  • A summary judgment opinion issued Wednesday in a Federal Trade Commission case against Amazon is the latest example of what these routine deletions cost the public. As my Reuters colleagues Diane Bartz and Dan Levine reported, U.S. District Judge John Coughenour of Seattle determined that Amazon is liable to the parents of children who bought items like "a...

  • WASHINGTON, April 27- Invibio, a division of Victrex PLC that makes a key polymer used in spinal and other medical implants, agreed to settle allegations that it demanded exclusive contracts to illegally maintain its high market share, the Federal Trade Commission said on Wednesday. The FTC said Invibio, which makes polyetheretherketone, or PEEK, insisted on...

  • WASHINGTON, April 27- A federal judge has ruled that was liable for billing parents for unauthorized charges that children made within apps, the Federal Trade Commission said on Wednesday. A judge on Tuesday granted the FTC's motion for summary judgment on liability but also granted Amazon's motion regarding injunctive relief.

  • Faber Report: Lawsuit watch

    CNBC's David Faber looks at the Staples/Office Depot antitrust case, the Williams lawsuit against ETE and ETP CEO Kelcy Warren, and whether the Halliburton/Baker Hughes deal will go to court.

  • Judge criticises FTC in SPLS/ODP merger

    Julie Brill, FTC Commissioner, and Steve Odland, CNBC Contributor and former Office Depot CEO, discuss the FTC's opposition of the proposed merger between Staples and Office Depot on antitrust allegations.

  • Lord and Taylor

    The FTC charges that Lord & Taylor deceived consumers by paying for an article in Nylon magazine without disclosing its role.

  • Herbalife Plaza in Torrance, California.

    Herbalife soundly beat Wall Street expectations Thursday, reporting earnings per share of $1.19.

  • An employee fixes part of a web server inside the Facebook Inc. Prineville Data Center in Prineville, Oregon.

    It turns out that social media patterns aren't great at predicting a person's creditworthiness, The Wall Street Journal reports.

  • Humana and Aetna signage.

    Major health insurers are still a long way from gaining federal approval for their mergers, but they're optimistic their deals will close by year-end.