Meta Platforms Inc. was accused by the Federal Trade Commission of repeatedly violating privacy promises it made to US regulators and now faces a possible government ban on launching new social-media products without an independent review. Meta, the parent company …
The Biden administration’s strategy of leaning on industry regulators to block deals that might be tricky for the Justice Department to challenge in court is working. In the past month alone, telecom and airline regulators have moved to nix Standard …
The US Justice Department challenged JetBlue Airways Corp.’s $3.8 billion acquisition of Spirit Airlines Inc. Tuesday, filing an antitrust lawsuit seeking to block the deal. In a complaint filed in federal court in Boston, the Justice Department said the combination …
The US Federal Trade Commission is preparing a possible lawsuit against Amazon.com Inc. that could be filed as soon as this spring, according to people familiar with the investigations. The allegations the agency is preparing to make and the timeline …
The US Federal Trade Commission plans to make wider use of its 1914 founding statute to police anticompetitive behavior by companies in the internet age. The Democratic-led commission on Thursday issued a new policy statement that empowers the agency to …
In the span of just a month, federal judges rejected the US Justice Department’s attempts to block three mergers in the health technology, agriculture and defense contracting industries. The agency is considering appeals – and points out it’s racked up …
US poultry producers Cargill Inc., Sanderson Farms Inc. and Wayne Farms LLC agreed to pay $84.8 million restitution for conspiring to lower wages for workers at chicken slaughterhouses as part of a settlement with the US Justice Department. The US …
The US Justice Department is likely to reject concessions offered by Alphabet Inc., clearing the way for an antitrust lawsuit over Google’s dominance of the online advertising market, according to people familiar with the matter. While Google has made at …
S&P Global Inc. should “carefully consider” a proposed tweak to how it assesses the creditworthiness of bonds owned by insurance companies, the Justice Department said, warning that such a change “could raise significant concerns” under U.S. antitrust law. The Justice …
