Tag: FTC

U.S. Senators urge FTC to scrutinize multi-billion dollar pharma mergers

FILE PHOTO: Democratic U.S. presidential candidate Senator Amy Klobuchar speaks at the 2019 Presidential Galivants Ferry Stump Meeting in Galivants Ferry, South Carolina, U.S. September 16, 2019. REUTERS/Randall Hill (Reuters) – U.S. presidential hopeful Amy Klobuchar on Tuesday led a letter by U.S. senators that urged the Federal Trade Commission (FTC) to closely scrutinize pharma […]

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Online gaming will be a goldmine for affiliate marketing

The world of affiliate marketing offers diverse ways to make money online. Whether through email marketing, social media sponsorships, website banners, or by creating unique content, there are plenty of options. What matters the most is understanding the niche market you want to enter and knowing who your audience and competition is. In an effort […]

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Qualcomm wins pause in FTC antitrust enforcement pending appeal

(Reuters) — Qualcomm won a partial stay against the enforcement of a sweeping antitrust ruling in a lawsuit brought by the Federal Trade Commission (FTC), according to a court filing on Friday. The company on May 21 lost in an antitrust lawsuit and has been fighting to have the ruling put on hold while it […]

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Qualcomm and LG make patent license deal, but 5G market impact is unclear

After extended negotiations and a lawsuit that threatened to “impact the entire 5G market,” Qualcomm and LG today reached an agreement that will continue the South Korean company’s access to the U.S. chipmaker’s 3G, 4G, and 5G cellular modem technologies, apparently preventing a disruption of its smartphone business. But the long-term impact for Qualcomm and […]

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Australia is creating a unit to scrutinize Facebook and Google’s algorithms

(Reuters) – Australia said it would establish the world’s first dedicated office to police Facebook and Google as part of reforms designed to rein in the U.S. technology giants, potentially setting a precedent for global lawmakers. The move tightens the regulatory screws on the online platforms, which have governments from the United States to Europe […]

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FTC Slaps Facebook with $5 Billion Fine and New Restrictions for Cambridge Analytica Scandal

Facebook has been slapped with a fine of $5 billion, the second-largest ever by the Federal Trade Commission. Apart from the fine, Facebook is also making some sweeping changes to how it handles user data and privacy. The FTC started its investigation into Facebook after the Cambridge Analytica scandal. That investigation has now concluded with […]

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Facebook to create a privacy panel as part of $5 billion FTC settlement

(Reuters) — The Federal Trade Commission is set to announce on Wednesday that Facebook has agreed to a sweeping settlement of significant allegations it mishandled user privacy and pay $5 billion, two people briefed on the matter said. As part of the settlement, Facebook will agree to create a board committee on privacy and will […]

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Equifax to pay at least $575 million settlement for 2017 data breach

Equifax will pay at least $575 million in a settlement for a mammoth 2017 data breach that impacted more than 140 million people. According to an announcement by the Federal Trade Commission (FTC), this penalty could rise to as much as $700 million. The Atlanta-headquartered consumer credit reporting company hit the spotlight back in September […]

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The Government Wants to Tackle Big Tech’s Repair Monopolies and Planned Obsolescence

For years, the “right to repair” movement struggled to gain widespread public attention. But that’s started to change as consumers, activists, and even Presidential candidates have highlighted how arbitrary tech repair restrictions are driving up costs, eroding consumer rights, and creating a mountain of unnecessary electronic waste. Tuesday, the FTC held a hearing dubbed Nixing […]

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Senators Ask The FTC To Investigate How Social Networks Curate Their Content

How do websites like Facebook, Google, YouTube, Instagram, and Twitter determine topics that are supposedly relevant to you? Presumably, this is based on how you use their websites, where based on your searches, history, browsing habits, and so on, it will surface information that it thinks is most suitable for you. Advertising However, there have […]

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U.S. regulators approve $5 billion Facebook settlement over privacy issues

(Reuters) — The U.S. Federal Trade Commission approved a roughly $5 billion settlement with Facebook this week over its investigation into the social media company’s handling of user data, a source familiar with the situation said on Friday. The FTC has been investigating allegations Facebook inappropriately shared information belonging to 87 million users with the […]

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Bristol to divest Celgene’s psoriasis treatment in FTC clearance push

FILE PHOTO: Logo of global biopharmaceutical company Bristol-Myers Squibb is pictured on the blouse of an employee in Le Passage, near Agen, France March 29, 2018. REUTERS/Regis Duvignau/File Photo (Reuters) – Bristol-Myers Squibb Co said on Monday it would divest Celgene Corp’s psoriasis treatment Otezla as the companies look to gain approval for their $74 […]

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Congress is focusing on video games — how should the industry react?

At any major sporting event, one could easily recognize the playful Fortnite dance moves performed and displayed on the jumbo screen “dance cam.”  With more than 250 million registered players worldwide, Fortnite has become one of the most popular video games in recent history. Video games, and the attendant industries that have emerged from them […]

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U.S. moving toward major antitrust probe of Amazon, Apple, Facebook, and Google

(Reuters) — The U.S. government is gearing up to investigate whether Amazon, Apple, Facebook and Google misuse their massive market power, sources told Reuters on Monday, setting up what could be an unprecedented, wide-ranging probe of some of the world’s largest companies. The Federal Trade Commission and the Department of Justice, which enforce antitrust laws […]

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