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Jul 11 2023
News
Judge rejects FTC’s attempt to block Microsoft from buying Activision Blizzard
A federal judge rejected the Federal Trade Commission’s request to stop Microsoft from completing the $69 billion purchase of video game publisher Activision Blizzard.
The decision by Judge Jacqueline Scott Corley in San Francisco could mean that Microsoft would be able to acquire the developer of popular video games like “Call of Duty” and “World of Warcraft.”
“For the reasons
Semafor
May 24 2023
News
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 FTC
Wall Street Journal (News)
Jul 13 2023
News
FTC's probe of OpenAI marks key moment in Khan's push to rein in Big Tech
The U.S. Federal Trade Commission has added to its growing list of targeted tech companies: It has opened an investigation into whether ChatGPT maker OpenAI engaged in unfair or deceptive practices that caused “reputational harm” to consumers. “Describe in detail the extent to which You have taken steps to address or mitigate risks that Your Large Language Model Products could generate
MarketWatch
Jul 13 2023
News
ChatGPT Maker OpenAI Faces FTC Probe Over Risks to Consumers, Report Says
The US Federal Trade Commission has reportedly launched an investigation into whether OpenAI, the company behind popular AI chatbot ChatGPT, has violated consumer protection laws. The FTC sent OpenAI a 20-page request for documents covering concerns related to data privacy and reputational harm, according to a report Thursday from The Washington Post. The agency also asked for details on
CNET
Jun 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 Post
Jun 21 2023
News
FTC sues Amazon for using ‘deceptive’ tactics to sign up customers for Prime
The Federal Trade Commission sued Amazon on Wednesday, alleging the retailer worked for years to enroll consumers into its Prime service without their consent, while knowingly making it difficult for them to cancel their subscriptions.
The complaint, which was filed in federal court in Seattle, alleges that Amazon used “manipulative, coercive, or deceptive user-interface designs” to
TechCrunch
Jun 21 2023
News
FTC Sues Amazon Over ‘Manipulative’ Tactics Used to Enroll Millions in Prime
The Federal Trade Commission sued Amazon.com AMZN -0.76%decrease; red down pointing triangle on Wednesday, alleging the retail giant worked for years to enroll consumers without consent into Amazon Prime and made it difficult to cancel their subscriptions to the program.
Wall Street Journal (News)
Jun 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'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
Reuters