The US Federal Trade Commission, eight states and Washington DC sued to block Kroger Co.’s $24.6 billion acquisition of Albertsons Cos. Monday, arguing the tie-up would lead to lower wages for workers and higher prices for groceries. In a complaint …
Rite Aid Corp. must stop using facial recognition for the next five years as part of a privacy settlement with the US Federal Trade Commission, which said the pharmacy chain misused the technology to mistakenly tag consumers as shoplifters. In …
The US Federal Trade Commission is examining the nature of Microsoft Corp.’s investment in OpenAI Inc. and whether it may violate antitrust laws, according to a person familiar with the matter. The inquiries are preliminary and the agency hasn’t opened …
The Federal Trade Commission is expected to sue Amazon.com Inc. for antitrust violations next week, according to people familiar with the matter – marking the agency’s fourth swipe at the online retail giant this year. The lawsuit, expected to be …
The US antitrust agencies are requiring firms to turn over much more information about their transactions than before in an overhaul to merger rules that could delay deals by months. The revamp of the so-called Hart-Scott-Rodino filing process, a move …
The US Federal Trade Commission sued Amazon.com Inc. Wednesday, alleging the e-commerce giant duped consumers into signing up for its Prime membership service and deliberately made it hard to cancel. The consumer protection agency filed a lawsuit in Washington state …
The PGA Tour and Saudi Arabia-backed challenger LIV Golf avoided calling their proposed partnership a merger. But their shock announcement is already raising serious concerns with US and European antitrust enforcers, according to people familiar with the matter. The tie-up, …
A judicial panel on Monday transferred antitrust litigation against Alphabet Inc.’s Google filed by state attorneys general back to a federal court in Texas, citing a law passed by Congress in December. The decision by the Judicial Panel on Multidistrict …
Amazon.com Inc. agreed to pay $30.8 million to resolve two cases brought by the Federal Trade Commission related to privacy lapses by its smart devices. In one case, the FTC alleged that Amazon didn’t take steps to protect the privacy …
The US government’s aggressive stance on antitrust is chilling merger activity among the country’s biggest companies, with some deals never making it past the boardroom as executives fear lengthy and expensive approval processes. US enforcers have roughly doubled their efforts …
