AllSides Balanced Search reveals information and ideas from all sides of the political spectrum so you can get the full picture.
May 24 2023
Baby-Formula Makers Face FTC Investigation for Collusion
The Federal Trade Commission is investigating whether baby-formula makers colluded on bids for lucrative state contracts.
The agency, in documents posted to its website, said it is looking into whether Abbott Laboratories and other formula manufacturers have “engaged in collusion or coordination with any other market participant regarding the bidding” for state contracts.
The FTCWall Street Journal (News)
Apr 12 2023
House GOP Subpoenas FTC for Twitter Investigation Documents
The Republican-led House Judiciary Committee subpoenaed the Federal Trade Commission for documents related to the agency’s continuing privacy investigation of Twitter Inc., according to a committee aide and documents viewed by The Wall Street Journal.
Wall Street Journal (News)
Apr 19 2023
Congressional Democrats Urge FTC To Ban Noncompete Agreements ‘Without Delay’
Democrats in the Senate and House sent a letter to Federal Trade Commission Chair Lina M. Khan on Tuesday urging the agency to implement its proposed ban on noncompete agreements “without delay” and keep the rule as broad as possible.
The FTC announced in January that it plans to bar employers from using such contracts to lock workers into their jobs and prevent them from taking betterHuffPost
Feb 21 2023
FTC Won’t Block Amazon Purchase of One Medical Network of Health Clinics
Amazon.com Inc. will be able to close its purchase of 1Life Healthcare Inc., ONEM 2.87%increase; green up pointing triangle the operator of the One Medical line of primary-care clinics, without a legal challenge by antitrust enforcers.
The Federal Trade Commission won’t sue in time to block the $3.9 billion deal, including debt, but will continue its investigation of the merger, anWall Street Journal (News)
Dec 09 2022
FTC sues to block Microsoft’s acquisition of Activision Blizzard
The Federal Trade Commission on Thursday filed an antitrust case against Microsoft to challenge the software maker’s attempt to acquire video game publisher Activision Blizzard, claiming it would violate U.S. law.
This isn’t Microsoft’s first time dealing with competitive pressure. In 1998 the U.S. Justice Department filed a broad antitrust case against the company. Microsoft changedCNBC
Dec 09 2022
The FTC is suing Microsoft to block its Activision Blizzard purchase
The FTC has filed a legal challenge to try and block Microsoft’s plan to buy Activision Blizzard for $68.7 billion, according to a press release from the regulator. The lawsuit was filed today after weeks of back and forth between Microsoft, Sony, and regulators over competition concerns and the future of Call of Duty. The FTC argues that the acquisition would “enable Microsoft to suppressThe Verge
Feb 20 2023
FTC creating tech office putting AI, ad makers in crosshairs as last GOP commissioner exits
The Federal Trade Commission is planning aggressive reviews of the tech sector through a new technology office that is aiming for artificial intelligence and digital ad makers, as its last Republican commissioner heads for the exit.
The FTC, which is moving forward with exclusively Democratic commissioners, is the federal regulator charged with protecting consumers from deceptiveWashington Times
Dec 11 2022
The FTC Has No Business Trying To Stop Video Game Company Mergers
Thursday night, hardcore action/adventure fantasy game Elden Ring took home top honors at The Game Awards 2022. Rival game God of War: Ragnarok took quite a few honors home as well. The two of them won pretty much any category in which they were nominated.
While this was happening, the Federal Trade Commission (FTC) announced that it would take action to attempt to block Microsoft (Reason
Dec 09 2022
FTC sues to block Microsoft’s $69 billion acquisition of Activision Blizzard
The Federal Trade Commission on Thursday sued to block Microsoft’s $69 billion acquisition of Activision Blizzard, challenging one of the largest tech acquisitions in history.
The administrative complaint filed Thursday by the FTC alleges that the blockbuster deal, which would make Microsoft the third-largest video game publisher in the world, would give Microsoft “both the means andCNN Business
Jul 22 2022
Klobuchar Asks FTC to Probe Amazon's Acquisition of One Medical
Sen. Amy Klobuchar, D-Minn., this week sent a letter to the Federal Trade Commission calling for a probe into Amazon's attempt to purchase the primary healthcare company One Medical, The Hillreports.
Amazon announced on Thursday that it will acquire One Medical, which provides online health services as well as in-person treatment, in a deal worth about $3.9 billion.