Federal Trade Commission

The US Federal Trade Commission has filed an antitrust lawsuit against Amazon. They say that Amazon is harming consumers by keeping prices high artificially, and also claims that the company is not letting rivals compete fairly. This in fact is not the first time the state has sued the online retailer - watch for more details

Microsoft’s Activision win shouldn’t stop antitrust reform

The Microsoft-Activision case is the latest in a list of recent legal setbacks for US antitrust watchdog Federal Trade Commission, including an unsuccessful attempt to block Facebook parent Meta Platforms Inc. from acquiring a virtual-reality startup. The race to keep big tech in check is getting harder without the US Congress adopting new antitrust statutes

Lina Khan's 2-year journey at FTC while it blocks the Microsoft-Activision deal

The FTC stated that Microsoft and Activision had signalled that the deal could have possibly closed on Friday itself and asked the judge to block any agreement before 11:59p.m as it would otherwise provide Microsoft the ability to alter Activision’s content, operations and business plans.

US FTC to enforce law to curb risks of artificial intelligence

The sudden popularity of Microsoft-backed OpenAI's ChatGPT this year has prompted global calls for regulation amid concerns about its possible use for wrongdoing even as companies seek to use it to enhance efficiency.

The US FTC is suing Microsoft to stop the Activision Blizzard deal

The $68.7 billion acquisition has already hit a number of road blocks but this is the biggest one yet

US Senators seek probe against Apple, Google for mobile tracking

Individuals who seek abortions would be particularly vulnerable if their data, specifically location information, is collected and shared, four senate Democrats said, citing the recent US Supreme judgment

The US Federal Trade Commission will review Microsoft's planned purchase of Activision Blizzard

The investigation will focus on Activision Blizzard's game library and look at how it will benefit Microsoft's consoles and hardware division

FTC says Amazon took away $62 million in tips from drivers

The Federal Trade Commission said Tuesday that for more than two years, Amazon didn’t pass on tips to drivers, even though it promised shoppers and drivers it would do so.

FTC demands data about small buys by Google, Amazon, Apple, Facebook, Microsoft

The agency asked for information about deals that were done between January 1, 2010 and December 31, 2019

US approves ChemChina's $43 bn takeover of Syngenta

Under a preliminary settlement, the FTC yesterday said it required the divestitures to address a loss of competition over the herbicide paraquat and two other products in which the merger would have likely led to higher prices for consumers.

Amazon drops appeal, to pay $70 mn for kids app buys

The Federal Trade Commission announced it filed a joint request with Amazon to withdraw a court challenge to an order from last year, which was similar to actions taken against Apple and Google for failing to get parental authorization for purchases made by minors in their respective app stores.

ChemChina 'to file for anti-trust approval in US' for takeover

Shanghai, Jan 20 (AFP) China's state-owned chemical corporation ChemChina has asked US anti-trust regulators to greenlight its USD 43 billion acquisition of Swiss seed giant Syngenta, a report said today.

Volkswagen will pay $1.21 billion to settle US dealer claims

VW's dealers will receive an average of USD 1.85 million each on average over 18 months under the settlement that was first announced in principle in August.

Tesla wins US antitrust approval to buy SolarCity

The Federal Trade Commission said on Thursday that the deal was approved. It was on a list of proposed transactions that were granted quickly because the merging partners have few or no overlaps.

Welspun scandal follows yrs of plummeting Egyptian cotton output

The shortage of cotton from Egypt, which commands a premium due to its superior quality, creates an incentive to blend it with other types of cotton without disclosing it or to counterfeit the label altogether, cotton traders said, exacerbating a problem that has plagued the industry for years.

Teva, Allergan win US antitrust approval for generics deal

The USD 40.5 billion deal, which was announced in July 2015, solidifies Teva's position as the world's No. 1 maker of generics while freeing Allergan to focus on branded drugs.

Brazil clears $70 billion BG-Shell merger, BG says

BG Group Plc on Friday confirmed that it has received final unconditional clearance from Brazilian competition authority CADE for its acquisition by bigger rival Royal Dutch Shell.

AT&T hit with $100 mn fine, US company vows to fight

The company says it will fight the charges. The Federal Communications Commission said today that the company misled consumers into buying plans they believed would give them unlimited ability to send and receive data, including Web browsing, GPS navigation and streaming videos.

FTC passes final order in USD 4 billion Sun-Ranbaxy deal

US anti-trust regulator FTC has passed its final order settling charges that Sun Pharma's USD 4 billion deal to acquire Ranbaxy Laboratories could result in unfair business practices.

CCI asks Sun-Ranbaxy to divest some brands: Sources

Around 37 drug categories are under scanner for potential market dominance. The CCI, which expects Sun-Ranbaxy to make changes as directed, wants a response from the companies by December 2

Apple reaches consent decree with US over app purchases

Under the terms of the settlement, announced on Wednesday by the Federal Trade Commission, Apple also will be required to change its billing practices to ensure it has obtained consent from consumers before charging for items sold in mobile apps.

Decks clear for Mylan's $1.6 bn purchase of Agila

Generic drugmaker Mylan Inc has won US antitrust approval to buy Agila, a unit of India's Strides Arcolab, subject to divesting some products.

FTC to scrutinize new Facebook facial recognition feature

US' Federal Trade Commission will be examining new feature on Facebook- the facial recognition. It will determine whether they are violating any norms agreed in 2011 with the federal regulators.

Google faces new federal antitrust probe

The FTC wrapped up its earlier investigation into Google just four months ago, concluding that the search giant had not manipulated its Web search results to hurt rivals.

Google complainants urge EU regulators to file charges

Eleven companies with grievances against Google urged EU antitrust regulators on Thursday to formally charge the world's No.1 search engine of anti-competitive practices instead of pursuing settlement talks.