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Amazon just won a partial victory against FTC
Amazon just won a partial victory against the FTC
In September 2023, the
FTC
sued Amazon for stifling competition by punishing vendors who sell their items cheaper on rival platforms and for forcing sellers to use Amazon's own fulfillment service. The competition watchdog started investigating Amazon in ...
Amazon wins partial dismissal of US antitrust lawsuit
Amazon.com Inc won partial dismissal of a U.S. Federal Trade Commission lawsuit accusing it of maintaining illegal monopolies, though the details of the ruling by a federal court in Seattle on Monday were not immediately clear.
Federal Court Partially Dismisses FTC's Antitrust Lawsuit Against Amazon
Amazon.com Inc. won a partial dismissal of a lawsuit filed by the U.S. Federal Trade Commission (FTC) alleging that it maintained illegal monopolies in online marketplaces. The decision by a federal court in Seattle
Federal judge issues sealed order in Amazon antitrust case
Both parties have until Oct. 14 to file a joint statement concerning what portions of the order, if any, should remain redacted.
FTC Clears Chevron-Hess Merger
Hess CEO disqualified from Chevron board in merger, FTC Says
The US antitrust regulator will allow Chevron Corp. to proceed with its $53 billion acquisition of Hess Corp. on the condition Chief Executive Officer John Hess is barred from the supermajor’s board, alleging he improperly communicated with OPEC.
US FTC Allows Chevron-Hess Deal, Bars John Hess From Board
NEW YORK (Reuters) -The U.S. Federal Trade Commission allowed Chevron's $53 billion purchase of Hess Corp on Monday, in an order that barred Hess CEO John Hess from Chevron's board. The FTC's order leaves Exxon Mobil's challenge to the deal, which is expected to stretch deep into next year, as its final hurdle.
FTC Clears Chevron-Hess Merger, But Bans Hess CEO From Joining Board
The FTC cleared Chevron's $53 billion acquisition of Hess but barred CEO John Hess from joining Chevron's board after the merger, citing concerns about his previous communications with OPEC officials.
7h
on MSN
Wall Street Bets on $8.5 Billion Fashion Deal’s Fate in FTC Case
US antitrust enforcers’ legal battle to kill an $8.5 billion deal marrying Tapestry Inc.’s Coach and Kate Spade brands with ...
12h
Second oil company CEO conspired with OPEC to keep prices high, FTC charges
Federal regulators are alleging a major oil company CEO conspired with foreign governments to keep oil and gas prices high.
18h
The FTC's trial to block the Tapestry-Capri merger heads to closing arguments
Stay informed on the high-end apparel sector as the FTC trial for the Tapestry and Capri Holdings merger unfolds.
19h
Trump, Harris Might Alter DOJ, FTC Enforcement in Counterintuitive Ways
"It's not a given that a Harris presidency would mirror the Biden administration's aggressive approach to antitrust, said ...
Auto Remarketing
16h
FTC reiterates use of ‘plain language’ associated with regulatory activities
The Federal Trade Commission has made nearly a half dozen public speaking appearances to finish the month and the quarter.
POWER Magazine
10h
FTC Green Guides: The Growing Scrutiny on ‘Clean’ Natural Gas Claims
In an era of increasing environmental awareness, companies, particularly those in the energy sector, face heightened scrutiny ...
SCNow
14h
FTC not hosting McLeod for Health Florence Open this year, tournament may not return
The McLeod for Health Florence Open tournament, a $25,000 U.S. Tennis Association Pro Circuit event, will not be held at the ...
11h
on MSN
FTC Warns of Oil-Patch Collusion. Energy Executives See Political Smear.
The agency accuses John Hess of improper talks with OPEC and will block him from joining the board of Chevron, which is ...
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