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FTC – Page 2 – XtremeCuztoms

Tag: FTC

Consumers Win a Small Victory

Within a week or two, Marriott hotels will start to post hotel rates as inclusive of mandatory hotel-imposed fees on its own website. This move represents the end of a minor skirmish in the struggle against deceptive hotel pricing—the end result of an agreement between Marriott and the state of Pennsylvania requiring Marriott to post…


Federal Trade Commission’s Call of Duty Maneuver Is Actually a Dereliction of It

Commentary The British antitrust cops just announced they will oppose the proposed blockbuster $68.7 billion merger of two American companies—Microsoft and gaming company Activision Blizzard, the owner of the wildly popular game Call of Duty. This decision is bad news for investors in companies, gamers and workers. But it’s very good news for America’s competitors…


Rep. Womack to Khan: ‘I Can’t Support Massive Increase for FTC’

In the midst of ongoing debates over federal spending, Rep. Steve Womack voiced his opposition to a proposed budget increase for the Federal Trade Commission (FTC). During Thursday’s House Appropriations Committee hearing, Womack raised pointed criticisms at FTC Chair Lina Khan. “The FTC, with a cavalier attitude, is weighing in on areas that are outside…


FTC Chair Admits ‘Things Could Have Been Done Better’ as Commission Workforce’s Morale Plunges

Confidence of the Federal Trade Commission’s (FTC) career staff in senior leadership has declined by 34 percent under the management of Chair Lina M. Khan, House Energy and Commerce Committee Chairman Cathy McMorris Rodgers (R-Wash.) told an April 18 congressional hearing considering a request for a 37 percent budget increase for the storied regulatory agency…


Rep. Jordan Subpoenas FTC Over Twitter, Musk Investigation

Rep. Jim Jordan (R-Ohio) on April 12 subpoenaed Chair Lina Khan of the Federal Trade Commission, stepping up the conflict between that agency and House Republicans regarding its approach to Twitter in the Elon Musk era. The Epoch Times has reviewed the subpoena. The subpoena comes after a March 10 letter to Khan from Jordan,…


Too Wrong to Fail

Commentary As the old saw goes, a banker is someone who lends you his umbrella when the sun is shining and then wants it back as soon as the first drops of rain fall. Hostility toward money lenders goes way back. In the Middle Ages in Europe, to deposit your money with one was unlawful,…


eBay Slams ‘Alarming’ Meta Subpoena in FTC Monopoly Case

E-commerce platform eBay Inc. on Monday asked a U.S. judge to block a bid by Meta Platforms Inc. for testimony from an eBay corporate official as the social media giant seeks rivals’ information to counter a Federal Trade Commission (FTC) antitrust lawsuit. EBay’s lawyers from Quinn Emanuel Urquhart & Sullivan said in a filing in…


The Federal Trade Commission’s Monopoly on Thought

Commentary The Federal Trade Commission (FTC) was established with massive bipartisan support in 1914 to fight monopolies. But under the Biden administration, this powerful government agency has become something like a police force favoring the most dangerous form of monopoly: that which prevents competition in free expression. Although there were differences on whether to regulate…


Elon Musk Responds After Federal Agency Allegedly Makes 350 Demands for Internal Twitter Information

The Federal Trade Commission (FRC) allegedly demanded that Twitter owner Elon Musk hand the agency internal communications and information about layoffs as part of an investigation into the social media company, according to a House Judiciary Committee report. On Tuesday, the committee’s report detailed alleged FTC attempts to pressure Twitter and made more than 300…


Will the Regulators Shut Down Twitter?

Commentary How much affection does the ruling class have for the First Amendment? Not very much if any. Consider the mainstream media’s response to Tucker Carlson’s extended release of January 6 footage that reveals that the simple-minded story told by the Democrats is false. The picture we get is very different from what we’ve been…