Biden FTC Reportedly Looked To Bolster Antitrust Case Against Amazon With Help From Chinese E-Commerce Giant
The Biden Federal Trade Commission (FTC) quoted two people who are familiar with the problem and communicated with a major Chinese electronic trading company about the Amazon price setting policy related to Amazon’s lawsuit against Amazon for Amazon. Is told. According to what was reported, the FTC staff was reported to have sent a letter […]
PHILLIP BELL: There’s One Merger Trump’s FTC Shouldn’t Hesitate To Approve
The United States has long been the “land of opportunity.” That has been true since our founding and has remained true through various eras of political change and social upheaval. But that opportunity has been weakened by the Biden administration’s aggressive antitrust enforcement, which has affected many industries over the past few years. Many in […]
FTC refers Snap complaint alleging its chatbot harms young users
The Federal Trade Commission announced Thursday that it has referred a complaint against Snap Inc. to the Department of Justice, alleging that the company’s AI-powered chatbot is harmful to young users. Although the complaint was not made public, the commission took the unusual step of announcing a referral because it determined it was in the […]
Biden-Harris FTC Accuses Major Healthcare Companies Of Artificially Inflating Drug Prices In New Lawsuit
The Federal Trade Commission (FTC) on Friday filed lawsuits against three major prescription drug benefit managers (PBMs) and their affiliates, alleging they engaged in a scheme to artificially inflate the price of insulin drugs. The complaint targets the “Big Three” — Cigna's ESI, CVS Health's Caremark and UnitedHealth Group's Optum — and their affiliated group […]
‘Threat To The First Amendment’: Jim Jordan Grills Biden’s FTC Chair On ‘Harassment’ Of Twitter
Ohio Republican Rep. Jim Jordan told a hearing on Thursday about Twitter’s investigation since billionaire Elon Musk took over Twitter in October. put pressure on Mr. Lina Khan of Jordan accused Khan of harassing Twitter under pressure from Democrats, but the FTC chairman stressed the agency’s independence before the House Judiciary Committee. hearing. Since Musk […]
