Some state attorneys general join the effort to stop Kroger from merging with Albertsons. Nine state attorneys general joined a lawsuit with the Federal Trade Commission (FTC) this…
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FTC Supports Amazon’s Withdrawal from iRobot Acquisition
Official says the proposed $1.4 billion merger had “potential competitive effects.“ The Federal Trade Commission (FTC) announced its support for Amazon withdrawing from the acquisition of iRobot. The…
Read MoreFTC Files Complaint Against Amazon Business Practices
The commission has been drafting legal challenge alleging anticompetition since late 2022 The Federal Trade Commission (FTC) has been joined by 17 state attorneys general in filing a…
Read MoreFTC Takes Action Against Amazon
The complaint cites deceptive Prime enrollment and difficult cancellation policies. The Federal Trade Commission (FTC) has taken legal action against Amazon, Inc. for engaging in fraudulent practices related…
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Federal Officials Trading Stocks in Companies They Oversee
Stocks frequently traded ahead of agency enforcement. More than 2,600 federal officials either own or have traded stock in companies their agencies oversee, according to a report from…
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House of Representatives Passes Antitrust Legislation
Bill gives more power to states in competition cases against technology companies. The House of Representatives voted to pass the Merger Filing Fee Modernization Act of 2022 this…
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Amazon Asks Administration to Spare ‘Documented Dreamers’
Joins other tech giants in letter to Homeland Security. On Tuesday, a group of large American tech companies wrote a letter to the Department of Homeland Security, asking…
Read MoreHouse Judiciary Committee Refers Amazon to DOJ
Their 24-page letter claims the company has made “false and misleading statements.” The House Judiciary Committee referred Amazon to the Department of Justice for further investigation on Wednesday.…
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Amazon Must Correct Testimony to Congress
Legislators say criminal investigation may be launched if record not corrected. Members of the House Judiciary Committee sent a letter to Amazon warning that they will seek a…
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Defense Department Confirms Microsoft Deal
Tech giant will provide cloud services for U.S. military. Following a protest from Amazon, the Department of Defense announced on Monday that it would still be pursuing Microsoft…
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