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Sep 26 2023
News
FTC sues Amazon in landmark antitrust case over ‘exploiting monopolies’ in online selling
The US Federal Trade Commission sued Amazon.com Inc. in a long-anticipated antitrust case, accusing the e-commerce giant of monopolizing online marketplace services by degrading quality for shoppers and overcharging sellers. In a complaint filed in federal court in Seattle Tuesday, the FTC and 17 states accused Amazon of engaging in a course of conduct to exclude rivals in online marketplace
The Dallas Morning NewsSep 26 2023
News
17 states, including Minnesota, join FTC in massive antitrust lawsuit against Amazon
MINNEAPOLIS — Minnesota is among over a dozen states that are filing a sweeping antitrust suit against Amazon. The Federal Trade Commission and 17 state attorneys general on Tuesday filed a much-anticipated case against Amazon, alleging the retailing giant illegally wields monopoly power to maintain higher prices, harming customers and hurting rivals. "Our complaint lays out how Amazon has
CBS News (Online)Dec 20 2023
News
Rite Aid 'left its customers facing humiliation,' says FTC as it hits chain with five-year facial-recognition ban
The Rite Aid drugstore chain has taken some richly deserved batterings recently. First, claims stemming from its over-prescription of opioids contributed to its bankruptcy two months ago. And now the company has been banned from using facial recognition in its store security systems for a whole five years, thanks to its enthusiastic demonstration of how to grossly misuse the technology. Rite
FortuneDec 09 2022
News
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 changed
CNBCJun 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 PostApr 26 2024
News
Williams-Sonoma fined record $3M for lying about ‘Made in USA’ products
Williams-Sonoma has been slapped with a record-breaking civil penalty of $3.175 million for violating a 2020 Federal Trade Commission mandate that required the San Francisco company to truthfully disclose where its products are manufactured. The Department of Justice filed a complaint, spurred by an FTC referral, accusing the home goods manufacturer of falsely labeling numerous products as “
San Francisco ChronicleJun 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 Monitor