Category: Federal Trade Commission

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…


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…


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…


Republicans Confront FTC Over Proposed Non-Compete Ban

Republicans on the House Judiciary Committee are challenging the Federal Trade Commission’s (FTC) recent proposal of a national ban on non-compete agreements. In a Feb. 14 letter to FTC Chair Lina Khan and other commissioners, Judiciary Committee Chair Jim Jordan (R-Ohio) and Reps. Darrell Issa (R-Calif.), Thomas Massie (R-Ky.), and Scott Fitzgerald (R-Wis.) argued that…


Illumina Will Have to Divest Grail After EU Blocks Takeover

BRUSSELS—U.S. life sciences firm Illumina will have to divest biotechnology company Grail after an EU veto of the $7.1 billion acquisition over concerns it would hurt competition and stifle innovation. The European Commission, which acts as the competition enforcer in the 27-country bloc, said on Tuesday that Illumina’s remedies did not adequately address its concerns….


Jeweler to Pay $34.2 Million in Settlement Over Deceptive Sales to Servicemen

SAN DIEGO—A nationwide jewelry retailer announced July 20 that it would agree to pay $34.2 million to resolve allegations of using deceptive sales tactics on active duty servicemembers, including those stationed in San Diego. Harris Jewelers reached the settlement with the Federal Trade Commission and the attorneys general of more than a dozen states. It…


US Sets High Bar to Settle Facebook Antitrust Suit: FTC Chair

WASHINGTON—Federal Trade Commission Chair (FTC) Lina Khan, who promised tougher antitrust enforcement, said she would not rule out a settlement with Meta’s Facebook, which the agency sued in 2020, but indicated there was a high bar for any agreement. In an interview on Tuesday, she also criticized what she said was a large number obviously…


Federal Trade Commission Proposes Frontier Communications Reimburse LA and Riverside Counties $8.5 Million

LOS ANGELES—The Federal Trade Commission (FTC) wants Frontier Communications to pay $8.5 million in civil penalties and costs to Los Angeles and Riverside counties, plus $250,000 that will be distributed to the internet provider’s California customers, according to a proposed order filed Thursday in Los Angeles. The move follows a 2021 lawsuit filed by the…


Senate Votes to Move Forward with Alvaro Bedoya’s FTC Confirmation

The Senate on March 30 narrowly voted to advance President Joe Biden’s nomination for Federal Trade Commissioner, Alvaro Bedoya, bringing him one step closer to being confirmed. Biden nominated Bedoya, a Georgetown University law professor, in September to join the board of the Federal Trade Commission (FTC), which deals primarily with antitrust and consumer protection law. If confirmed,…


Fashion Nova to Pay $4.2 Million to Settle Claims It Blocked Negative Online Reviews

LOS ANGELES—Los Angeles-based Fashion Nova will be required to pay $4.2 million to settle allegations it blocked negative reviews of its products from being posted to its website, the Federal Trade Commission announced on Jan. 25. The trade commission alleged the fast-fashion online retailer misrepresented that the reviews on its website reflected the views of…