Government Agencies FTC

  • Kara Swisher, ReCode

    Recode's Kara Swisher joins "Squawk Alley" to discuss the FTC's probe into acquisitions made by tech companies.

  • SS_Notorious_Car_Scams_Check.jpg

    Scammers use fake checks to dupe even skeptical consumers by exploiting how quickly funds are credited to accounts.

  • Google CEO Sundar Pichai testifies before the U.S. House of Representatives Judiciary Committee.

    The odds of regulators forcing break ups of tech companies are low, a Bank of America analyst said, but some of the stocks could benefit.

  • The San Francisco- based U.S. 9th Circuit Court of Appeals will hear oral arguments in a closely watched antitrust case the U.S. Federal Trade Commission brought against Qualcomm in early 2017, during the final days of former President Barack Obama's administration. San Diego, California- based Qualcomm, which supplies modem chips that connect phones and...

  • FAANG stocks displayed at the Nasdaq.

    Recode executive editor Kara Swisher and Stuart Frankel's Steve Grasso discuss the Federal Trade Commission announcement it will examine prior acquisitions by Alphabet, Amazon, Apple, Facebook and Microsoft, with CNBC's "Closing Bell" team.

  • WASHINGTON, Feb 11- The Federal Trade Commission has issued special orders to Alphabet Inc's Google unit, Amazon.com Inc, Apple Inc, Facebook Inc and Microsoft Corp to provide information on mergers that were too small to report to antitrust regulators, the FTC said on Tuesday. The queries occur as the Justice Department, the FTC, state attorneys general and the...

  • The FTC has sent notices to five Big Tech companies seeking information about small acquisitions over the past decade, not previously reported to regulators. CNBC's Ylan Mui reports.

  • WASHINGTON, Feb 11- The Federal Trade Commission has issued special orders to five big tech companies- Alphabet Inc's Google unit, Amazon.com Inc, Apple Inc, Facebook Inc and Microsoft Corp- to provide information on mergers that were too small to report to antitrust regulators, the FTC said on Tuesday. The queries occur at a time when the Justice Department, the FTC,...

  • The Federal Trade Commission earlier this month filed a lawsuit https://www.ftc.gov/news-events/press-releases/2020/02/ftc-files-suit-block-edge w e l l- p e r s o n a l- c a r e- c o m p a n y s- a c q u i s i t i o n to block the acquisition, arguing it would harm competition in the U.S. shaving industry. "We are disappointed by the FTC's decision and continue to disagree...

  • Feb 10- Schick razor maker Edgewell Personal Care said on Monday it has called off its $1.37 billion deal for peer Harry's Inc after the U.S. Federal Trade Commission sought to stop the deal.

  • WASHINGTON, Jan 27- Martin Shkreli, the "pharma bro" in prison for defrauding investors, faces a lawsuit filed by the Federal Trade Commission and New York attorney general's office for an alleged scheme to preserve his monopoly for the drug Daraprim, whose price increased by more than 4,000% in one day. The company named is Vyera Pharmaceuticals, formerly Turing...

  • Jan 3- Axon Enterprise Inc on Friday sued the U.S. Federal Trade Commission in a bid to have antitrust proceedings over an acquisition heard in a federal court and not in an internal FTC process, claiming that the FTC's ability to both prosecute and judge cases deprives companies of their constitutional rights. In the complaint, filed in U.S. District Court in...

  • Jan 3- The Federal Trade Commission on Friday challenged police body camera maker Axon Enterprise Inc's completed acquisition of rival Vievu, saying it allowed the company to impose substantial price increases. The FTC's announcement it was issuing an administrative complaint came hours after Axon sued the agency in a bid to have potential antitrust...

  • Jan 3- Axon Enterprise Inc on Friday sued the U.S. Federal Trade Commission in a bid to have potential antitrust litigation heard in a federal district court and not in an internal FTC process, which it alleges is biased toward regulators. Axon, the manufacturer of Taser stun guns and body camera systems for police departments, has been the target of FTC scrutiny...

  • Jan 3- Axon Enterprise Inc on Friday sued the U.S. Federal Trade Commission in a bid to have potential antitrust litigation heard in a federal district court and not in an internal FTC process that it alleges is biased toward regulators. Axon, the manufacturer of Taser stun guns and body camera systems for police departments, has been the target of FTC scrutiny...

  • DreamWorks Premiere of Catch Me If You Can

    Frank Abagnale's exploits as a con artist were depicted in the 2002 movie "Catch Me If You Can." Abagnale now works with the FBI to teach agents about scams.

  • President Barack Obama signs the the financial reform bill into law July 21, 2010.

    The 2010s opened with big ambitions of protecting consumers after the financial crisis. There has been progress, but not as much as some had hoped.

  • WASHINGTON, Dec 17- The Federal Trade Commission has filed a complaint aimed at stopping Illumina Inc from purchasing Pacific Biosciences of California, the agency said on Tuesday. The deal was valued at $1.2 billion when it was announced in November 2018. "When a monopolist buys a potential rival, it can harm competition," said Gail Levine, deputy director of the...

  • WASHINGTON, Dec 17- The Federal Trade Commission has filed a complaint aimed at stopping Illumina Inc from purchasing Pacific Biosciences of California, the agency said on Tuesday. The deal was valued at $1.2 billion when it was announced in November 2018. "When a monopolist buys a potential rival, it can harm competition," said Gail Levine, deputy director of the...

  • WASHINGTON, Dec 16- Swiss drugmaker Roche has won U.S. antitrust approval for its $4.3 billion deal to buy gene therapy specialist Spark Therapeutics clearing the way for Roche's push into treating rare diseases including hemophilia A. The Federal Trade Commission said on Monday it had approved the deal, which was originally announced in February, without...