Federal Trade Commission
Amazon faces US trial over alleged Prime subscription tricks
JURY selection began on Monday in a US government lawsuit accusing e-commerce giant Amazon of using tricks to enroll millions of customers into its Prime subscription service and then making it nearly...
US regulator sues Ticketmaster over ‘illegal’ ticket schemes
A TOP US regulator on Thursday sued Ticketmaster and its parent company Live Nation, alleging the ticketing giant conspired with brokers to inflate concert ticket prices and deceive consumers with hid...
FTC scrutinises Ticketmaster efforts to stop resale bots
The company’s industry dominance has long been targeted by fans, artists, regulators and lawmakers, dating back to the 1990s
SoftBank’s Ampere deal faces in-depth US probe in threat to AI ambitions
The semiconductor designer company makes server processors that are one of the main components of data centre computers
Meta asks judge to rule that FTC failed to prove its monopoly case
FACEBOOK parent company Meta Platforms asked a federal judge on Thursday to throw out the US Federal Trade Commission’s case accusing it of an illegal social media monopoly, saying the agency failed t...
Microsoft-OpenAI partnership raises antitrust concerns, FTC says
MICROSOFT’S US$13 billion investment in OpenAI raises concerns that the tech giant could extend its dominance in cloud computing into the nascent artificial intelligence (AI) market, the Federal Trade...
Video game maker pays US$20 million in US FTC kid-privacy case
THE maker of the popular video game Genshin Impact will pay US$20 million to settle claims it violated kids’ privacy and deceived players about the cost of winning sought-after prizes, the US Federal ...
Google asks FTC to break up Microsoft’s cloud deal with OpenAI, the Information says
GOOGLE has asked the US government to break up Microsoft’s exclusive agreement to host OpenAI’s technology on its cloud servers, the Information reported on Tuesday.
Microsoft faces broad antitrust investigation from US FTC
THE US Federal Trade Commission (FTC) has opened an antitrust investigation of Microsoft, drilling into everything from the company’s cloud computing and software licensing businesses to cybersecurity...
US court blocks Coach owner’s US$8.5 billion buyout of Versace parent
A US judge on Thursday blocked fashion group Tapestry’s US$8.5 billion deal to buy Capri, which owns luxury brands including Michael Kors and Versace, citing a potential loss of competition.
