Federal Trade Comission

A federal judge in Texas has nullified the Federal Trade Commission’s (FTC) ban on non-compete agreements. This decision could have significant implications for low-income workers, an expert warns. What Happened: U.S. District Judge Ada Brown has prevented the FTC rule from being implemented...

The Federal Trade Commission faced legal threats when it first considered banning employers from using non-compete contracts. The agency went ahead Tuesday and made the rule official. What Happened: The FTC approved a final rule that bans non-compete agreements nationwide in a 3-2 vote. Democratic...

Reddit is navigating choppy waters in the days leading up to its long-awaited initial public offering (IPO). What Happened: Nokia Technologies sent a letter to Reddit alleging that the San Francisco-based social media company infringed some of its patents. A Reuters report indicates that Reddit is...

Kroger Company‘s (NYSE:KR) $25 billion bid to take over rival supermarket Albertsons Companies (NYSE:ACI) was hanging in the balance on Monday after the Federal Trade Commission (FTC) filed a lawsuit to block the merger. Shares in Kroger fell 1.7% while Albertsons gained 0.6% after the FTC...

The Federal Trade Commission (FTC) announced on Thursday that it has launched an inquiry into generative AI investments and partnerships in order to better understand these relationships and their impact on the competitive landscape. The FTC issued orders to Alphabet, Inc. (NASDAQ:GOOG), Amazon.com...

Adobe Inc. (NASDAQ:ADBE) may face substantial fines or penalties due to an ongoing Federal Trade Commission (FTC) inquiry into its disclosure and subscription cancellation policies. What Happened: A Wall Street Journal report on Wednesday states that Adobe has been collaborating with FTC staff...

The Federal Trade Commission (FTC) is coming down hard on Big Tech. President Joe Biden-appointed commissioner Lina Khan is expected to soon file a new antitrust lawsuit against Amazon.com, Inc. (NASDAQ:AMZN) that risks breaking apart some parts of the company. The FTC recently lost an antitrust...

Adding to the ongoing saga between Sen. Elizabeth Warren (D-Mass.) and Elon Musk, Twitter on Thursday announced plans to subpoena Senator Warren. What Happened: Musk's move is part of Twitter’s ongoing legal dispute with the Federal Trade Commission (FTC), with the tension rising a notch when...

The March tech wreck continues. What Happened Amid fallout from the Cambridge Analytica scandal, the Federal Trade Commission reiterated Monday its commitment to protecting data privacy for consumers interacting with the likes of Facebook, Inc. (NASDAQ: FB). “Accordingly, the FTC takes very...