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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 partially prevails in FTC antitrust suit, but battle continues
In September 2023, the FTC filed a 172-page antitrust lawsuit against Amazon. The company is accused of harming the public and businesses through anti-competitive policies and
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.
Amazon Wins Partial Dismissal of US FTC's Antitrust Lawsuit
Amazon has won partial dismissal of the U.S. Federal Trade Commission's antitrust lawsuit, according to federal court records filed in Seattle, Washington.
Federal Court Grants Amazon Partial Dismissal Of US FTC's Antitrust Lawsuit
The FTC alleges in its lawsuit that Amazon employs anti-competitive tactics to maintain dominance among online marketplaces and superstores. In December, Amazon sought to dismiss the case, stating that the FTC had provided no evidence of consumer harm.
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.
Hess CEO barred from Chevron board over FTC price collusion allegations
The FTC cited John Hess' participation in public meetings as well as private communications regarding oil supply with officials at OPEC, including OPEC
Hess CEO’s OPEC Communication Disqualifies Him From Chevron Board, FTC Says
US regulators will allow Chevron Corp. to move forward with its $53 billion acquisition of Hess Corp. but are barring Chief Executive Officer John Hess from joining the supermajor’s board, saying he improperly communicated with OPEC.
11h
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 ...
15h
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.
23h
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 ...
2d
The FTC is stepping up its fight against fake AI promises and scams
Operation AI Comply, the FTC's new program, has uncovered five cases where companies used AI to boost deceptive practices.
POWER Magazine
13h
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 ...
15h
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 ...
2d
The FTC is finally going after AI scammers
Some reasonable regulations need to be placed on AI companies. Meanwhile, using current laws to go after the bad guys sounds ...
13h
Capri Stock Jumps as FTC Hearing Sparks Some Optimism on Tapestry Deal
Judge Jennifer Rochon seemed to be looking for a clearer definition of accessible luxury than the government was offering.
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