Search Results for: FTC

Sony on Monday sought leave to file a reply explaining why it needs more time to argue against Microsoft’s allegedly overbroad subpoena in an ongoing Federal Trade Commission (FTC) antitrust lawsuit concerning Microsoft’s proposed purchase of Call of Duty manufacturer, Activision Blizzard. Sony is not a party to the FTC lawsuit against Microsoft but as [...]

The UK Competition & Markets Authority (CMA) Wednesday announced the provisional findings of its investigation regarding Microsoft’s intended $68.7 billion purchase of Activision Blizzard. The sale could increase Microsoft’s market share of cloud gaming, and Microsoft products already account for an estimated 60 to 70 percent of the global cloud gaming market. The CMA concluded [...]

The US Federal Trade Commission (FTC) Wednesday announced a $1.5 million civil penalty against digital healthcare company GoodRx for its failure “to notify consumers and others of its unauthorized disclosures of consumers’ personal health information to Facebook, Google, and other companies” in violation the FTC’s Health Breach Notification Rule (HBNR) (18 CFR § 318) and 15 U.S.C. § [...]

A former Twitter employee revealed continued privacy and data security violations by the company, according to documents obtained by The Washington Post on Tuesday. The whistleblower, a former Twitter engineer, filed a complaint with the Department of Justice (DOJ) and the Federal Trade Commission (FTC) in October 2022 under advice of Whistleblower Aid. The complaint [...]

The US Federal Trade Commission (FTC) Thursday proposed a new rule which would ban employers from imposing noncompetition clauses onto their workers. The new rule defines a noncompete clause as “a contractual term between an employer and a worker that prevents the worker from seeking or accepting employment with a person, or operating a business, [...]

Private video game consumers Tuesday filed an antitrust lawsuit against Microsoft alleging the company’s intended purchase of Activision Blizzard, Inc., the maker of popular video game “Call of Duty,” for $68.7 billion creates a monopoly within the video game industry. Specifically, the lawsuit alleges that Microsoft violated Section 7 of the Clayton Antitrust Act (15 [...]

The US Supreme Court Monday heard oral arguments in Securities and Exchange Commission v. Cochran. The court will decide whether the federal district courts have the ability to hear challenges against US Securities and Exchange Commission (SEC) proceedings, or whether those challenges must remain within the SEC’s administrative courts. Michelle Cochran was a public accountant [...]

The US Supreme Court Monday heard oral arguments in Axon Enterprise, Inc. V FTC . The court will decide the scope of the Federal Trade Commission‘s (FTC) enforcement powers, whether claims can be reviewed by district courts prior to the completion of agency proceedings and whether the power of courts of appeals to “affirm, enforce, [...]

The Biden administration Friday published the “First-Ever Comprehensive Framework for Responsible Development of Digital Assets” in line with a March executive order obligating government agencies and sectoral regulators to conduct research on the effects of cryptocurrencies on consumer protection and the risks and benefits of deploying a Central Bank Digital Currency (CBDC). The framework encourages [...]

The Federal Trade Commission (FTC) and six states Tuesday filed a complaint against the rental listing platform Roomster. The suit alleges that Roomster has taken advantage of consumers looking for affordable housing by paying for fake reviews and then charging for access to fraudulent listings. Based in New York, Roomster operates by advertising rental properties, sublets, [...]