FTC reportedly launches antitrust investigation into Microsoft
CNBC's Julia Boorstin joins 'Closing Bell Overtime' with a report from Bloomberg that the FTC is launching an antitrust investigation into Microsoft.
Judge Sets Trial Date for FTC Antitrust Lawsuit Against Meta
A Federal Trade Commission (FTC) lawsuit that aims to unwind Meta's acquisitions of Instagram and WhatsApp is set to go to trial on April 14. Judge James Boasburg announced the trial date Monday (Nov. 25), Reuters reported.
Meta faces April trial in FTC case seeking to unwind Instagram merger
Facebook owner Meta Platforms will face trial in April over the U.S. Federal Trade Commission's allegations that the social media platform bought Instagram and WhatsApp to crush emerging competition, a judge in Washington said on Monday.
The FTC is investigating Microsoft for anticompetitive practices, some of which may have been directed at the government itself
Microsoft's deals with the government may have breached antitrust laws, ProPublica reported. In 2021, Microsoft pledged $150 billion to the government over five years to upgrade its security.
Report: FTC to Investigate Allegedly Anti-Competitive Practices at Microsoft
The Federal Trade Commission (FTC) is reportedly set to investigate allegedly anti-competitive practices at Microsoft's cloud computing business. The regulator will focus on allegations that the tech giant illegally uses the market power of its Office 365 productivity software to benefit its Azure cloud service, Reuters reported Thursday (Nov. 14), citing unnamed sources.
FTC reportedly begins investigating Microsoft's cloud business practices
The FTC is reportedly readying an investigation into whether Microsoft used anti-competitive tactics to maintain a dominant position in the cloud market.
FTC to investigate Microsoft's cloud unit on antitrust concerns in last hurrah under Biden
The agency, led by anti-Amazon FTC Chair Lina Khan, is looking into claims that the company is abusing its large market share, according to a report.
The FTC is readying an investigation into Microsoft's cloud-computing business: report
The Federal Trade Commission is reportedly preparing to launch an investigation into Microsoft. The investigation is part of a probe into anticompetitive practices among cloud service providers.
Judge Denies Meta Motion to Dismiss FTC Antitrust Lawsuit
A judge reportedly ruled Wednesday (Nov. 13) that a Federal Trade Commission (FTC) lawsuit against Meta can go to trial, largely denying the company's motion to have the case dismissed.
Meta ordered to face FTC's antitrust lawsuit over Instagram, WhatsApp acquisitions
A judge largely denied Meta's motion to end the case filed against Facebook in 2020 alleging that the company acted illegally to maintain its social network monopoly.
FTC hits Lyft with $2.1M penalty for luring drivers with false earnings claims
Lyft has agreed to a $2.1 million settlement proposed by the FTC over the car-hailing company's “deceptive earnings claims about how much money drivers could expect to make.”
FTC Blocks Tapestry-Capri Merger As Tapestry Vows To Fight Saying It's ‘Pro-Consumer'
The U.S. District Court in the Southern District of New York just blocked the acquisition of Capri Holdings by Tapestry in a suit brought by the Federal Trade Commission (FTC) against the $8.5 billion deal.
