Posts filtered by tags: U.S. Federal Trade Commission[x]


 

U.S. FTC Orders Marketers to Stop False Claims Their Products Can Prevent COVID

(Reuters) - The U.S. Federal Trade Commission ordered over 20 marketers nationwide to immediately stop making baseless claims that their products...
Tags: Reuters, U S Federal Trade Commission, FTC Orders Marketers


Meta's Oculus Unit Faces FTC-Led Probe of Competition Practices

The U.S. Federal Trade Commission and multiple states are investigating Meta's virtual reality unit Oculus over potential anti-competitive practices. Bloomberg reports: The FTC and a group of states led by New York have quizzed outside developers that make Oculus apps in recent months as part of the inquiry, the people said. The officials have been scrutinizing how Meta, the world's largest social media company, may be using its market power in the VR space to stifle competition, said the people...
Tags: Mark Zuckerberg, New York, Tech, Bloomberg, Meta, North Carolina, Ftc, Zuckerberg, U S Federal Trade Commission, HTC Corp, New York Tennessee


U.S. FTC Delays Vote on Lockheed Purchase of Aerojet for Two Weeks -Sources

By Mike Stone and Diane BartzWASHINGTON (Reuters) - The U.S. Federal Trade Commission, which assesses mergers to ensure they comply with antitrust...
Tags: Reuters, U S Federal Trade Commission, Mike Stone, Diane BartzWASHINGTON, Lockheed Purchase of Aerojet


Employee Background Check Errors Harm Thousands of Workers

Slashdot reader dcblogs writes: Criminal background checks that incorrectly identify an applicant as a thief or sex offender happen more often than many expect. This story reviewed more than 75 lawsuits against background checks firms, spoke with plaintiff attorneys and industry experts to paint a picture of an industry that can ruin lives in minutes. Job applicants are labeled thieves and sex offenders by incorrect reports, and job candidates may protest, but it may not do them any good. Employ...
Tags: Tech, Department Of Justice, Scott, Elena, Ashley, Scot, U S Federal Trade Commission, Alysha, Magdalena, U S Consumer Financial Protection Bureau


Amazon Cloud Unit Draws Antitrust Scrutiny From Khan's FTC

The U.S. Federal Trade Commission is pushing forward with antitrust scrutiny of Amazon's cloud computing business, according to Bloomberg News. From the report: Lina Khan, the head of the agency and a vocal critic of the online retailer, is advancing a probe started several years ago by her predecessor. FTC investigators have contacted companies in the past few months to gather information about competition issues related to Amazon Web Services, said the people, who declined to be named because ...
Tags: Amazon, Tech, Khan, Amazon Web Services, Ftc, U S Federal Trade Commission, Amazon Cloud, Lina Khan, Bloomberg News From


Despite EU Court Rulings, Facebook Says US Is Safe To Receive Europeans' Data

Despite the European Union's highest court twice declaring that the United States does not offer sufficient protection for Europeans' data from American national security agencies, the social media giant's lawyers continue to disagree, according to internal documents seen by POLITICO. Their conclusion that the U.S. is safe for EU data is part of Facebook's legal argument for it to be able to continue shipping data across the Atlantic. From the report: In July 2020, the Court of Justice of the Eu...
Tags: Facebook, Europe, Washington, US, Tech, Eu, European Union, Atlantic, United States, Luxembourg, EU U S, U S Federal Trade Commission, Court of Justice, General Data Protection Regulation, European Union CJEU, CJEU


FTC Initiates Probe Into Meta's $400 Million VR Deal for Supernatural - the Information

(Reuters) - The U.S. Federal Trade Commission has initiated an in-depth probe of Meta Platform Inc's $400 million deal for the developer of...
Tags: Ftc, Reuters, U S Federal Trade Commission, Meta Platform Inc


U.S. Chamber of Commerce Takes Another Swing at FTC

WASHINGTON (Reuters) - The U.S. Chamber of Commerce, which has been battling the U.S. Federal Trade Commission, joined 85 other organizations from...
Tags: Washington, Ftc, U S Chamber of Commerce, U S Federal Trade Commission, Reuters The U S Chamber of Commerce


U.S. FTC, States to Take Shkreli to Trial Over Price Hike

By Brendan PiersonNEW YORK (Reuters) - The U.S. Federal Trade Commission and several states are set to take Vyera Pharmaceuticals founder Martin...
Tags: Reuters, U S Federal Trade Commission, Vyera Pharmaceuticals, Brendan PiersonNEW


United States: Federal Trade Commission Puts Teeth Into False ‘Made In USA' Claims Enforcement - Braumiller Law Group, PLLC

The U.S Federal Trade Commission recently codified product labelling rules related to unqualified "Made in USA" claims under 16 CFR Part 323.
Tags: Usa, News, United States, U S Federal Trade Commission


U.S. FTC Settles With Vyera Over Daraprim, Shkreli Trial Still On

By Diane Bartz and Jonathan StempelWASHINGTON (Reuters) - The U.S. Federal Trade Commission and seven states on Tuesday settled claims accusing...
Tags: Reuters, U S Federal Trade Commission, Diane Bartz, Jonathan StempelWASHINGTON


FTC Settles With Vyera Over Daraprim, Shkreli Trial Still On

By Diane Bartz and Jonathan StempelWASHINGTON (Reuters) -The U.S. Federal Trade Commission has reached a settlement with Vyera Pharmaceuticals over...
Tags: Ftc, Reuters, U S Federal Trade Commission, Diane Bartz, Vyera Pharmaceuticals, Jonathan StempelWASHINGTON


U.S. Chamber Says FTC Denied Information Requests

WASHINGTON (Reuters) -The U.S. Chamber of Commerce said on Friday that the U.S. Federal Trade Commission had denied requests for information about...
Tags: Washington, U S Federal Trade Commission, Reuters The U S Chamber of Commerce, FTC Denied Information Requests


U.S. Federal Trade Commission Sues to Block Nvidia's Planned Arm Acquisition

The United States Federal Trade Commission today announced that it has filed a lawsuit to block Nvidia from acquiring Arm in a deal worth $40 billion. According to the FTC, the deal would give Nvidia, one of the largest chip companies, control over computing technology and designs that rival firms rely on to develop competing chips. The FTC believes an acquisition would stifle "innovative next-generation technologies." The combined firm would be able to "unfairly undermine" Nvidia's competito...
Tags: Apple, Lawsuit, UK, Softbank, European Commission, Nvidia, Antitrust, Competition And Markets Authority, Qualcomm, ARM, Ftc, U S Federal Trade Commission, United States Federal Trade Commission, China s State Administration, FTC Bureau, Arm Qualcomm


U.S. FTC Sues to Block Nvidia Deal to Buy Arm

By Stephen Nellis and David ShepardsonSAN FRANCISCO/WASHINGTON (Reuters) -The U.S. Federal Trade Commission on Thursday sued to block U.S. chip...
Tags: Washington, Ftc, Reuters, U S Federal Trade Commission, Stephen Nellis, David ShepardsonSAN


U.S. FTC Approves Modifications to Bristol Meyers Squibb Divestiture Agreement

(Reuters) - The U.S. Federal Trade Commission said it approved certain modifications to Bristol Meyers Squibb’s divestiture agreement that the FTC...
Tags: Ftc, Reuters, U S Federal Trade Commission, Bristol Meyers Squibb, Bristol Meyers Squibb Divestiture Agreement


U.S. FTC to Restrict Future Deals for Firms That Pursue 'Anticompetitive Mergers'

(Reuters) - The U.S. Federal Trade Commission said on Monday it is restoring its practice of routinely restricting future acquisitions for...
Tags: Ftc, Reuters, U S Federal Trade Commission


U.S. and EU Advance Talks to Preserve Data Transfers

In talks that will continue next week in Brussels after a round in the U.S. this summer, the two sides hope to avert a disruption of company data transfers by resolving a long-running conflict between strict EU privacy laws and U.S. surveillance measures. An EU court ruling last summer restricted how companies can send personal information about Europeans to the U.S., in part because the court found that Europeans have no effective legal redress in the U.S. Last fall, Ireland’s privacy regulato...
Tags: Facebook, Business, News, Eu, Ireland, Brussels, Dublin, U S Federal Trade Commission, EU Advance Talks


We must subsidize and regulate space exploration

Joshua Jahani Contributor Share on Twitter Joshua Jahani is a lecturer at Cornell University and New York University, and a board adviser at the investment bank Jahani and Associates specializing in the Middle East and Africa. In 1989, Tim Berners-Lee invented the World Wide Web (popularizing the modern internet). He didn’t protect the technology because he wanted it to benefit us all. Three decades later, most of the power —...
Tags: TC, Column, Space, Opinion, Government, Africa, Tech, Policy, Atlantic, United States, Space Tourism, Space Travel, Virgin Galactic, Middle East, Spaceflight, Aerospace


FTC Bans Stalkerware App SpyFone; Orders Company to Erase Secretly Stolen Data

The U.S. Federal Trade Commission on Wednesday banned a stalkerware app company called SpyFone from the surveillance business over concerns that it stealthily harvested and shared data on people's physical movements, phone use, and online activities that were then used by stalkers and domestic abusers to monitor potential targets. "SpyFone is a brazen brand name for a surveillance business that [Author: [email protected] (Ravie Lakshmanan)]
Tags: Tech, Ftc, U S Federal Trade Commission, Ravie Lakshmanan, Orders Company to Erase Secretly Stolen Data


A majority of tech workers support antitrust legislation enforcement

Matt Sunbulli Contributor Share on Twitter Matt Sunbulli is a co-founder and CEO of Fishbowl, a workplace social network bringing together professionals during the new era of remote work. With the arrival of U.S. Federal Trade Commission Chair Lina Khan, breaking up Big Tech has reemerged as a major policy discussion in Washington. The issue seems to be bipartisan, with Republicans and Democrats alike in favor of stemming mon...
Tags: Apple, Google, Amazon, TC, Facebook, Column, Microsoft, Congress, Colorado, Washington, Government, White House, Massachusetts, Tech, Joe Biden, Indiana


Move fast and break Facebook: A bull case for antitrust enforcement

Daniel Liss Contributor Share on Twitter Daniel Liss is the founder and CEO of Dispo, the digital disposable camera social network. More posts by this contributor Today’s real story: The Facebook monopoly This is the second post in a series on the Facebook monopoly. The first post explored how the U.S. Federal Trade Commission should define the Facebook monopoly. I am inspired by Cloudflare’s recent p...
Tags: Amazon, Social, TC, Facebook, Column, Mark Zuckerberg, Messenger, Twitter, Instagram, Yahoo, Etsy, Congress, Opinion, Government, Senate, White House


FTC Urges Judge to Unwind $7.1 Billion Illumina-Grail Merger

By Mike Scarcella(Reuters) - The U.S. Federal Trade Commission on Tuesday said it seeks to unwind life science company Illumina Inc's $7.1 billion...
Tags: Ftc, Illumina Inc, U S Federal Trade Commission, Mike Scarcella


Facebook Calls U.S. FTC's Refiled Antitrust Case 'Meritless'

(Reuters) - Facebook Inc said the U.S. Federal Trade Commission's refiled antitrust case against the company was "meritless" in a statement on...
Tags: U S Federal Trade Commission, Reuters Facebook Inc, Facebook Calls U S FTC


U.S. FTC Refiles Antitrust Complaint Against Facebook

By Diane Bartz and Nandita BoseWASHINGTON (Reuters) - The U.S. Federal Trade Commission filed an amended complaint against Facebook in federal...
Tags: Facebook, Reuters, U S Federal Trade Commission, Diane Bartz, Nandita BoseWASHINGTON, FTC Refiles Antitrust Complaint Against Facebook


TikTok to add more privacy protections for teenaged users, limit push notifications

TikTok today becomes the latest tech company to roll out increased protections for minors on its platform in the wake of increased regulatory scrutiny. The company says it will introduce a series of product changes for teen users aged 13 to 17, aimed at making their TikTok experience more private, safer and less addictive. TikTok’s news follows similar moves recently announced by other tech companies catering to teens, including Google and YouTube, as well as The changes TikTok plans to roll o...
Tags: Google, Social, Apps, Privacy, Congress, China, Tech, U S Federal Trade Commission, Search YouTube, Tiktok, Today China, TikTok TikTok, Children's Privacy, TikTok Content Advisory Council, AM Google, Tracy Elizabeth TikTok


Judge Grants U.S. FTC More Time to File Amended Complaint Against Facebook

(Reuters) -A U.S. judge on Friday gave the U.S. Federal Trade Commission until Aug. 19 to file an amended complaint in its antitrust lawsuit...
Tags: Facebook, Reuters, U S Federal Trade Commission


U.S. FTC Asks for More Time to File Amended Complaint in Facebook Case

(Reuters) -The U.S. Federal Trade Commission asked a court on Friday for more time to file an amended complaint in its antitrust lawsuit against...
Tags: Reuters, U S Federal Trade Commission, Facebook Case


U.S. FTC, Justice Dept to Review Merger Guidelines to Determine if 'Overly Permissive'

WASHINGTON (Reuters) - The chair of the U.S. Federal Trade Commission, Lina Khan, and the acting head of the U.S. Justice Department Antitrust...
Tags: Washington, Reuters, U S Federal Trade Commission, Lina Khan, FTC Justice Dept


The Biden Administration Is Ready To Go to War Over ‘Right To Repair’ Rules

President Joe Biden is reportedly gearing up to issue an executive order compelling the U.S. Federal Trade Commission to draft new “right to repair” rules — a set of regulations that will protect consumers’ ability to repair their equipment on their own and at independent shops.Read more...
Tags: Science, Articles, Maintenance, Joe Biden, Reuse, Biden, Caterpillar, U S Federal Trade Commission, U S Federal, Brian Deese, Jen Psaki, Mechanical Engineering, Product Lifecycle Management, Nathan Proctor, Contemporary history, Democrats United States