FTC and 17 states sue Amazon for maintaining alleged monopoly power that stifles competition The Federal Trade Commission and 17 state attorneys general filed suit against Amazon on Tuesday, alleging that the Seattle-based tech… Read More
FTC sues Amazon, alleging it duped consumers into buying hard-to-cancel Prime subscriptions The Federal Trade Commission is suing Amazon for allegedly duping customers into signing up for subscriptions to its Prime service… Read More
Lockheed Martin kills plans for acquiring Aerojet Rocketdyne after FTC blocks deal Lockheed Martin says it’s terminating its agreement to acquire Aerojet Rocketdyne, less than a month after the Federal Trade Commission… Read More
Lockheed Martin’s acquisition of Aerojet Rocketdyne faces limbo after FTC files suit The Federal Trade Commission has filed a lawsuit to block Lockheed Martin’s $4.4 billion acquisition of Aerojet Rocketdyne, saying that… Read More
New presidential order will push for net neutrality, limit large mergers, restrict non-compete clauses In an effort to promote more business and labor competition, President Biden today will issue a sweeping executive order to… Read More
Too big to fail? FTC commissioner sees parallels between Big Tech and bank crisis During his first year and a half on the Federal Trade Commission, Rohit Chopra has built a reputation as Big… Read More
Amazon to issue up to $70M in refunds for kids’ unauthorized in-app purchases Good news for Amazon customers whose kids racked up massive in-app purchase bills: refunds may soon be on the way.… Read More
