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  • UPDATE 1-FTC sues to block Sysco-US Foods merger Thursday, 19 Feb 2015 | 2:29 PM ET

    NEW YORK/ WASHINGTON, Feb 19- The Federal Trade Commission said on Thursday it has filed a lawsuit seeking to block a merger of Sysco Corp and US Foods Inc. Sysco and US Foods, the largest U.S. food distributors and the only ones with national reach, announced the $3.5 billion deal in December 2013. The tie-up has been controversial because Sysco and US Foods are the...

  • U.S. sues to stop proposed merger of Sysco, US Foods Thursday, 19 Feb 2015 | 2:15 PM ET

    WASHINGTON, Feb 19- U.S. antitrust regulators filed a lawsuit on Thursday aimed at stopping food distribution giant Sysco Corp from purchasing smaller rival US Foods, the Federal Trade Commission said on Thursday. Sysco and US Foods, the largest U.S. food distributors and the only ones with national reach, announced the $3.5 billion deal in December 2013.

  • Feb 19- The U.S. Federal Trade Commission is expected to file a lawsuit as early as Thursday seeking to block a merger of Sysco Corp and U.S. Foods, according to a person briefed on the matter. Representatives for the Federal Trade Commission declined to comment. Sysco and U.S. Foods did not immediately respond to requests for comment.

  • Zillow says Trulia deal may close next week Friday, 13 Feb 2015 | 6:00 PM ET

    Feb 13- Zillow Inc said the Federal Trade Commission has decided to not take any action against real estate website operator's acquisition of Trulia Inc, and the company now expects to close the deal as early as Tuesday. Zillow shares were up 6 percent in extended trading on Friday. Zillow also reported a 58 percent jump in quarterly revenue on Friday, driven by a 41...

  • Feb 3- Discount store chain Dollar Tree Inc said it may have to divest more than the 300 stores it had expected, to buy Family Dollar Stores Inc, as U.S. antitrust regulators were reviewing more than 500 of its stores. The U.S. Federal Trade Commission may identify more stores for review in the future and the number of stores Dollar Tree may have to shed could increase,...

  • Feb 2- Food distributor Sysco Corp said it would sell 11 distribution centers run by takeover target US Foods Inc to Performance Food Group to satisfy antitrust concerns. Sysco's $3.5 billion offer for US Foods is awaiting approval from the Federal Trade Commission as the deal would combine the two largest U.S. food distributors. Sysco and US Foods are the only...

  • WASHINGTON, Jan 30- Food distributor Sysco Corp and its biggest rival, US Foods Inc, have offered to sell a smaller competitor 11 facilities in order to convince skeptical antitrust regulators to approve their $3.5 billion merger, a source briefed on the matter told Reuters. To overcome Federal Trade Commission concerns, the companies have offered to sell 11...

  • WASHINGTON, Jan 30- Pomegranate juice maker POM Wonderful cannot advertise that its pomegranate drinks treat or prevent heart disease or other ailments unless it has proof, a U.S. appeals court said Friday, upholding an order by the Federal Trade Commission. The U.S. Court of Appeals for the D.C. Circuit largely upheld a 2010 order by the Federal Trade Commission,...

  • WASHINGTON, Jan 30- POM Wonderful cannot advertise that its pomegranate juice drinks treat or prevent heart disease or other ailments unless it has proof, a U.S. appeals court said on Friday in upholding an order by the Federal Trade Commission. The U.S. Court of Appeals for the D.C. Circuit largely upheld a 2010 order by the Federal Trade Commission which found...

  • WASHINGTON, Jan 28- TracFone, owned by America Movil SAB, has agreed to pay $40 million to reimburse customers who purchased prepaid unlimited data plans that turned out to have maximum limits, the Federal Trade Commission said on Wednesday. Netflix estimates that its customers uses about 1 gigabyte per hour of standard video streaming, according to its website.

  • WASHINGTON, Jan 27- Supermarket chains Albertsons and Safeway agreed to sell 168 stores in eight states to win U.S. antitrust approval for their $9.2 billion merger, the Federal Trade Commission said on Tuesday. Albertsons, which has 630 supermarkets under various brand names, and Safeway, which has 1,332 stores, will divest stores in Arizona, California, Montana,...

  • WASHINGTON, Jan 27- Supermarket chains Albertsons and Safeway agreed to sell 168 stores in eight states to win U.S. antitrust approval for their $9.2 billion merger, the Federal Trade Commission said on Tuesday. Albertsons, which has 630 supermarkets under various brand names, and Safeway, which has 1,332 stores, will divest stores in Arizona, California, Montana,...

  • WASHINGTON, Jan 27- Supermarket chains Albertsons and Safeway agreed to sell 168 stores in eight states to win U.S. antitrust approval for their $9.2 billion merger, the Federal Trade Commission said on Tuesday. Albertsons, which has 630 supermarkets under various brand names, and Safeway, which has 1,332 stores, will divest stores in Arizona, California, Montana,...

  • SAN FRANCISCO, Jan 20- A Texas company that makes brain-training games for children has settled a complaint over unsubstantiated health claims, the U.S. government said on Tuesday. The U.S. Federal Trade Commission said Focus Education claimed in an advertisement and on its website that it could permanently improve a child's focus, memory and school...

  • Jan 16- Two online payday lending companies linked to a professional racecar driver have agreed to pay a record $21 million to resolve charges by U.S. regulators that they engaged in deceptive practices, the Federal Trade Commission said on Friday. The settlement with Kansas- based AMG Services Inc, which serviced the loans, and MNE Services Inc, which lent to...

  • FTC sues online dating site for faking profiles Thursday, 30 Oct 2014 | 7:13 PM ET
    Romantic couple hugging

    Free users received bogus messages that appeared to be from interested members, but they had to upgrade their profiles to respond, the suit said.

  • For ex-pot kingpin, new trouble—health supplements Thursday, 4 Sep 2014 | 2:04 PM ET
    Jared Wheat

    Despite a court-ordered recall, a Georgia company's health supplements are still in stores. The CEO, a former pot kingpin, faces a $40 million judgment.

  • Buffett's Berkshire slammed with maximum penalty Wednesday, 20 Aug 2014 | 12:55 PM ET
    Berkshire Hathaway Chairman and CEO Warren Buffett pauses during an interview in New York.

    Warren Buffett's Berkshire Hathaway is paying almost $1 million to the government for failing to make disclosures required by antitrust law ... again.

  • Amazon.com repsonds to FTC suit Thursday, 10 Jul 2014 | 4:16 PM ET
    Amazon.com repsonds to FTC suit

    CNBC's Julia Boorstin reports Amazon.com has said the FTC's action is "deeply disappointing."

  • FTC sues Amazon.com Thursday, 10 Jul 2014 | 12:47 PM ET
    FTC sues Amazon.com

    CNBC's Julia Boorstin reports the FTC is suing Amazon.com over in-app purchases by children.