Federal Trade Commission

FTC, 46 States Launch Massive Antitrust Suit On Facebook

FTC, 46 States Launch Massive Antitrust Suit On Facebook
FTC, 46 States Launch Massive Antitrust Suit On Facebook
December 09, 2020  |  ANTITRUST

The Federal Trade Commission (FTC) and 46 states launched a massive antitrust lawsuit on Facebook Wednesday (Dec. 9), accusing the social media network of “illegally...

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40+ States Could Join Antitrust Lawsuit Against Facebook
40+ States Could Join Antitrust Lawsuit Against Facebook
November 19, 2020  |  Facebook / Meta

Facebook could soon be staring down a lawsuit as the Federal Trade Commission and numerous states attorneys general finish up one or more antitrust cases...

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FTC Sues Beam Financial For Failing To Deliver Mobile Banking Users’ Funds
FTC Sues Beam Financial For Failing To Deliver Mobile Banking Users’ Funds
November 18, 2020  |  Cybersecurity

The Federal Trade Commission (FTC) has alleged that the mobile banking app Beam Financial has misled customers about quick transfers of funds, a press release...

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Big Tech Compliance Tracker: Tencent Says Big Tech Needs Greater Oversight; Group Seeks To Block Maryland Online Ad Tax
Big Tech Compliance Tracker: Tencent Says Big Tech Needs Greater Oversight; Group Seeks To Block...
November 16, 2020  |  Legal & Regulation

Here’s the latest news from the technology industry, which is coming under increasing scrutiny from governments and consumers around the world. Get the Full Story...

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FTC Chair: Companies Buying Startups Could Be Seen As Anti-Competitive
FTC Chair: Companies Buying Startups Could Be Seen As Anti-Competitive
November 12, 2020  |  ANTITRUST

Joe Simons, chair of the U.S. Federal Trade Commission (FTC), said antitrust enforcers should be on guard against dominant companies buying emerging startups, Bloomberg reported....

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DOJ Antitrust Lawsuit Against Facebook No Slam Dunk, Social Media Co. Says
DOJ Antitrust Lawsuit Against Facebook No Slam Dunk, Social Media Co. Says
October 04, 2020  |  ANTITRUST

The Department of Justice (DOJ) effort to break Facebook away from Instagram and WhatsApp might not be so easy, according to The Wall Street Journal...

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Today In Payments: Police Allege Money Launderers Using Chinese eCommerce; Square Launches On-Demand Payroll
Today In Payments: Police Allege Money Launderers Using Chinese eCommerce; Square Launches On-Demand Payroll
September 16, 2020  |  News

In today’s top news, Chinese authorities have made several arrests alleging cybercriminals laundered $2 billion through faux eCommerce purchases, and Square announced the launch of...

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Facebook Could Face FTC Antitrust Suit By Year’s End
Facebook Could Face FTC Antitrust Suit By Year’s End
September 15, 2020  |  ANTITRUST

The Federal Trade Commission (FTC) is looking into potentially launching an antitrust lawsuit against Facebook over allegations that the social media giant has stifled competition,...

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