Government Agencies FTC

  • Dec 4- U.S. Federal Trade Commission has broadened scrutiny of Amazon.com Inc beyond its retail operations to include cloud-computing business, Bloomberg https://www.bloomberg.com/news/articles/2019-12-04/amazon-faces-widening-u-s-ant i t r u s t- s c r u t i n y- i n- c l o u d- b u s i n e s s? FTC's Technology Enforcement Division was focusing its probes of...

  • Dec 4- U.S. Federal Trade Commission has broadened its scrutiny of Amazon.com Inc beyond retail operations to include its cloud-computing business, Bloomberg https://www.bloomberg.com/news/articles/2019-12-04/amazon-faces-widening-u-s-ant i t r u s t- s c r u t i n y- i n- c l o u d- b u s i n e s s? FTC's Technology Enforcement Division was focusing its probes of...

  • Dec 4- U.S. Federal Trade Commission has broadened its scrutiny of Amazon.com Inc beyond its retail operations to include its cloud-computing business, Bloomberg https://news.bloomberglaw.com/mergers-and-antitrust/amazon-faces-widening-u-s-an t i t r u s t- s c r u t i n y- i n- c l o u d- b u s i n e s s reported on Wednesday, citing people familiar with the matter.

  • David Byrne is a former financial advisor-turned-regulator who now works with athletes to protect their finances from fraud. While Byrne can't disclose the names of his clients, they include top NBA rookies and veterans.

  • Intel made the claims in a brief filed with the 9th U.S. Circuit Court of Appeals, where Qualcomm is seeking to overturn a sweeping antitrust decision against it after losing a lawsuit by the U.S. Federal Trade Commission. District Judge Lucy Koh in San Jose wrote that Qualcomm's patent licensing practices "strangled competition" in parts of the market for modem...

  • Senator Maria Cantwell, a Democrat from Washington and ranking member of the Commerce, Science, and Transportation Committee, makes an opening statement during a hearing in Washington, D.C.

    Top Democratic senators revealed a new online privacy bill that could mark a milestone in the lengthy push for a federal privacy law.

  • WASHINGTON, Nov 26- Senator Maria Cantwell, backed by three other Democrats, proposed legislation that would set penalties for digital giants like Alphabet Inc's Google and Facebook Inc if they mishandle users' personal data, the Washington Post reported on Tuesday. Under the measure, the Federal Trade Commission would be allowed to fine companies for privacy...

  • YouTube is preparing to overhaul the way it displays children's content on its platform but this can have a major impact on creators. CNBC's Ylan Mui reports.

  • Packages of Juul mint flavored e-cigarettes are displayed at San Rafael Smokeshop on November 07, 2019 in San Rafael, California.

    New York state is suing e-cigarette giant Juul, accusing the company of targeting teens, downplaying the presence of nicotine and hooking a generation on e-cigarettes, Attorney General Letitia James announced Tuesday.

  • WASHINGTON, Nov 18- The chairman of the Federal Trade Commission said on Monday that his agency had multiple investigations of tech platforms, in addition to its known probe of Facebook, but did not identify them. "We can say publicly that they're investigating Facebook because Facebook disclosed that," he told the American Bar Association 2019 Antitrust Fall...

  • An incoming call is labeled as Scam Likely on a T-Mobile phone

    Americans received a record 5.66 billion robocalls last month, prompting carriers, lawmakers and start-ups to boost efforts to block calls and catch scammers.

  • Robocalls are at an all-time high. On average, Americans received more than 2,000 robocalls every second in October, up 25% from the previous month. With 49 billion robocalls so far this year, all four major U.S. phone carriers now offer some form of blocking or screening service, such as T-Mobile's well known "Scam Likely" label. Congress and state officials passed new robocall regulations in recent months and hundreds of tech start-ups are developing new ways to tackle the problem.

  • WASHINGTON, Nov 15- Bristol-Myers Squibb Co and Celgene Corp have won U.S. antitrust approval for their merger on condition that they sell Celgene's psoriasis drug Otezla, the Federal Trade Commission said in a statement on Friday. The proposed divestiture is the largest that the FTC or the U.S. Department of Justice have ever required in a merger enforcement...

  • WASHINGTON, Nov 15- Bristol-Myers Squibb Co and Celgene Corp have won U.S. antitrust approval for their merger on condition that they sell Celgene's psoriasis drug Otezla, the Federal Trade Commission said in a statement on Friday.

  • DreamWorks Premiere of Catch Me If You Can

    Former con artist Frank Abagnale from "Catch Me If You Can" now helps others avoid getting scammed. He personally does not use social media but says if you do, there are three things you should never post on any of your profiles.

  • Nov 13- The Federal Trade Commission has initiated a preliminary inquiry on Visa Inc and Mastercard Inc for possibly prohibiting merchants from using other debit networks, Bloomberg Law reported on Wednesday, citing sources. The regulator is looking into whether Visa, Mastercard and other large debit card issuers are blocking retailers from routing card...

  • WASHINGTON, Nov 8- Benco Dental Supply Co and Patterson Companies Inc have decided not to appeal a judge's decision that they violated antitrust law by declining to compete for the business of buying groups, the Federal Trade Commission said on Friday. The FTC accused the companies, two of the three largest U.S. full-service distributors of dental supplies...

  • WASHINGTON, Nov 8- Benco Dental Supply Co and Patterson Companies Inc have decided not to appeal a judge's decision that they violated antitrust law by declining to compete for the business of buying groups, the Federal Trade Commission said on Friday. The FTC accused the companies, two of the three largest U.S. full-service distributors of dental supplies...

  • Nov 5- Tinder-owner Match Group Inc beat Wall Street estimates for third-quarter revenue on Tuesday, as more users signed up on its online dating platforms. The results come at a time when Match faces stiff competition from rivals, including Facebook Inc's recently launched dating service in the United States, and amidst a U.S. Federal Trade Commission...

  • WASHINGTON, Nov 5- AT&T will pay $60 million to resolve U.S. allegations it misled millions of smartphone customers by charging them for "unlimited" data plans but reducing data speeds if they used too much, the Federal Trade Commission said on Wednesday. Andrew Smith, director of the FTC's Bureau of Consumer Protection, said AT&T made promises it did not keep.