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Sep 25 2023
News
Alaska congressional delegation take concerns about Albertsons-Korger merger to FTC
All three members of Alaska’s delegation to Congress have weighed in against the merger of supermarket chains Kroger and Albertsons. Senators Lisa Murkowski and Dan Sullivan wrote a joint letter Friday to the chair of the Federal Trade Commission expressing “deep concerns” about the proposed merger. They said it would reduce competition and likely lead to higher prices. The merger agreement
Alaska Public MediaSep 25 2023
News
Alaska congressional delegation takes concerns about Albertsons-Kroger merger to FTC
All three members of Alaska’s delegation to Congress have weighed in against the merger of supermarket chains Kroger and Albertsons. U.S. Sens. Lisa Murkowski and Dan Sullivan wrote a joint letter Friday to the chair of the Federal Trade Commission expressing “deep concerns” about the proposed merger. They said it would reduce competition and likely lead to higher prices. The merger agreement
Alaska Public MediaApr 26 2024
News
The FTC noncompete ban means companies are going to have to start treating their workers a lot better: ‘You've got to convince employees to stay’
The Federal Trade Commission’s ban of noncompete agreements earlier this week was a shot heard by employers across the country. The ruling, if it survives legal challenges, will void the clause that prohibits an estimated 30 million working Americans from seeking employment among competitors. Legal and workplace experts I spoke with say they’re expecting companies to unleash a tidal wave of
FortuneJun 12 2023
News
FTC to ask court to block Microsoft’s $69 billion Activision deal
The Federal Trade Commission plans to seek a restraining order to block Microsoft from closing its $69 billion purchase of the gaming company Activision Blizzard, the latest regulatory hurdle for the largest deal in the tech company’s history. Tech is not your friend. We are. Sign up for The Tech Friend newsletter. The agency plans to file for the order in Northern California District Court,
Washington PostJun 01 2023
News
Amazon's Ring used to spy on customers, FTC says in privacy settlement
A former employee of Amazon.com's Ring doorbell camera unit spied for months on female customers in 2017 with cameras placed in bedrooms and bathrooms, the Federal Trade Commission said in a court filing on Wednesday when it announced a $5.8 million settlement with the company over privacy violations.
Amazon also agreed to pay $25 million to settle allegations it violated children's
ReutersJun 01 2023
News
Mitch McConnell’s plans for FTC nominee hit awkward bump: sources
Mitch McConnell has been notably discreet about his pick to fill an empty seat on the Federal Trade Commission — and some insiders say it’s not hard to see why.
Earlier this week, the Senate minority leader told the White House he plans to nominate James Lloyd, an associate deputy attorney general in Texas and antitrust hawk, as his pick for one of two vacant FTC commissioner roles,
New York Post (News)Jun 01 2023
News
Amazon will pay $25 million in FTC child data-privacy fine
Amazon agreed Wednesday to pay a $25 million civil penalty to settle Federal Trade Commission allegations it violated a child privacy law and deceived parents by keeping for years kids’ voice and location data recorded by its popular Alexa voice assistant. Separately, the company agreed to pay $5.8 million in customer refunds for alleged privacy violations involving its doorbell camera Ring.
Christian Science MonitorDec 09 2022
News
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 suppress
The VergeApr 19 2023
News
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 better
HuffPost