Netflix announced on Friday of their purchase of Warner Bros. Discovery’s studio and streaming business, in a major deal that rocks Hollywood and the media landscape.
Read More Netflix set to swallow Hollywood: Announcing historic acquisition of Warner Bros.
Meta has prevailed over an existential challenge to its business that could have forced the tech giant to spin off Instagram and WhatsApp.
Read More Meta prevails in historic FTC antitrust case, won’t have to break off WhatsApp, Instagram
Amazon.com will pay $2.5 billion in fines and payments to Prime subscribers to settle a FTC case alleging they signed users up for the subscription without their consent.
Read More Amazon to pay $2.5 billion to settle Prime deception allegations
The FCC says Amazon duped tens of millions of Prime customers by signing them up without consent and locking them in with overly complex cancellation methods.
Read More Amazon trial begins on FTC claims it duped Prime subscribers
Amazon violated consumer protection law by gathering Prime subscribers’ billing information before disclosing the service’s terms.
Read More Amazon violated online shopper protection law, judge rules ahead of Prime signup trial
The FTC accused Live Nation and Ticketmaster of costing fans millions of dollars by tacitly allowing ticket brokers to scoop concert tickets and sell them to at a significant markup.
Read More Live Nation, Ticketmaster joined with ticket brokers to exploit fans, US says