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Tag: ftc

Microsoft logo is seen on a smartphone placed on displayed Activision Blizzard logo in this illustration taken January 18, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

FTC drops case over Microsoft’s $69-billion Activision Blizzard deal

The FTC lost an appeal on May 7 seeking to reverse a judge’s decision declining to block the deal, which closed in 2023.

Read More FTC drops case over Microsoft’s $69-billion Activision Blizzard deal
3D printed Whatsapp and Facebook logos are placed on a computer motherboard in this illustration taken January 21, 2021. REUTERS/Dado Ruvic/Illustration

Facebook owner Meta bought Instagram, WhatsApp instead of competing, FTC says at trial

Meta bought up nascent rivals Instagram and WhatsApp after its attempts to compete had failed, an attorney for the U.S. Federal Trade Commission said.

Read More Facebook owner Meta bought Instagram, WhatsApp instead of competing, FTC says at trial
Rodney McMullen, Chairman and CEO of The Kroger Co., speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 1, 2023. (Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)

Kroger Ousts Longtime CEO After Ethics Investigation Reveals Misconduct

The grocery store chain Kroger announced on Monday that its longtime CEO, Rodney McMullen, has stepped down following an investigation into his personal conduct which revealed he was violating the company’s ethics policy. 

Read More Kroger Ousts Longtime CEO After Ethics Investigation Reveals Misconduct
The corporate logo of the UnitedHealth Group appears on the side of one of their office buildings in Santa Ana, California, U.S., April 13, 2020. REUTERS/Mike Blake/File Photo

US probes UnitedHealth’s Medicare billing practices, WSJ reports

The Justice Department has launched a probe into UnitedHealth’s Medicare billing practices in recent months, sending the healthcare conglomerate’s shares nearly 12% lower.

Read More US probes UnitedHealth’s Medicare billing practices, WSJ reports
U.S. Federal Trade Commission Chair Lina Khan speaks at the Council on Foreign Relations in New York, U.S., September 20, 2024. REUTERS/Lananh Nguyen/File Photo

FTC takes on subscription traps with ‘click to cancel’ rule

The FTC adopted a final rule requiring businesses to make it as easy to cancel subscriptions and memberships as it is to sign up.

Read More FTC takes on subscription traps with ‘click to cancel’ rule
AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

Social media users lack control over data used by AI, US FTC says

Social media companies collect, share and process vast troves of information about their users while offering little transparency or control.

Read More Social media users lack control over data used by AI, US FTC says

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A photo taken 08 October 2004 in Oslo shows the Nobel Peace Prize medal. (Photo by Gunnar Lier / NTB / AFP) (Photo by GUNNAR LIER/NTB/AFP via Getty Images)
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