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.
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.
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.
The FTC is reportedly readying an investigation into whether Microsoft used anti-competitive tactics to maintain a dominant position in the cloud market.
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 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.
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.
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.
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.”
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.
William Kovacic, former FTC Commissioner, joins 'Squawk Box' to discuss news of a federal court judge blocking the proposed merger between Tapestry-owned Coach and Capri parent Michael Kors, what's next for Tapestry and Capri, future of FTC Chair Lina Khan, and more.
Designed to provide broad exposure to the Style Box - Large Cap Growth category of the market, the First Trust Large Cap Growth AlphaDEX ETF (FTC) is a smart beta exchange traded fund launched on 05/08/2007.