The Federal Trade Commission (FTC) has filed an amended complaint in its ongoing antitrust case against Facebook, accusing the social media giant of illegally buying up innovative competitors and crushing partner app developers in a bid to “moat its monopoly.” The FTC filed its revised complaint (pdf) on Aug. 19 in the U.S. District Court for…
FTC Refiles Lawsuit Accusing Facebook of Illegal Scheme to Crush Competition
FTC Official Criticizes Facebook for Terminating Political Ads Probe
WASHINGTON—A senior Federal Trade Commission official is criticizing Facebook’s move to shut down the personal accounts of two academic researchers and terminate their probe into misinformation spread through political ads on the social network. Facebook wrongly used a 2019 data-privacy settlement with the FTC to justify shutting down the New York University researchers’ accounts this…
Facebook Asks for Recusal of FTC Head in Antitrust Probes
WASHINGTON—Facebook is asking that the new head of the Federal Trade Commission step away from decisions on whether to continue the agency’s antitrust case against the social network giant, asserting that past public criticism of the company’s market power makes it impossible for her to be impartial. Facebook Inc. petitioned the agency Wednesday to remove…
Amazon Seeks Recusal of FTC Chair and Antitrust Hawk Lina Khan
Amazon has filed a request asking for newly minted Federal Trade Commission (FTC) Chair Lina Khan to be recused on antitrust matters related to the online retail giant, citing concerns about lack of impartiality in light of her past criticisms of the company, according to documents filed with the agency. “Given her long track record…
Court Dismisses Federal Government’s Antitrust Case Against Facebook
A federal court dismissed two antitrust cases that were brought against Facebook, representing a significant setback for federal and state regulators in their attempts to reign in Big Tech. The lawsuits were filed by the Federal Trade Commission (FTC) and state attorneys general seeking to break up what they described as Facebook’s monopoly on social networking….
FTC Asks Supreme Court to let it Take Funds From Payday Lender
The Federal Trade Commission should be able under current law to order a payday lender to hand over its so-called ill-gotten gains after its leader was convicted of usury, fraud, and racketeering, the Supreme Court heard Jan. 13. The court heard 67 minutes of oral argument in the case known as AMG Capital Management Inc….
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`