Facebook, Apple, Big Tech’s Smallest Deals to be Examined at US FTC Meeting

The US Federal Trade Commission will hold its next open meeting on Sept. 15 to hear the team’s conclusions about deals big tech companies like Facebook and Apple make, which are sometimes too small to trigger an antitrust scrutiny, it said. agency on Wednesday. The agency began holding open meetings after President Lina Khan was … Read more

Tesla could face US FTC investigation into self-employed claims, as senators demand

Two US senators on Wednesday pressured the Federal Trade Commission to sound out Tesla, saying the company misled consumers and put the public at risk by marketing its drive automation systems as fully autonomous. “The repeated exaggerated statements by Tesla and (CEO) Mr. (Elon) Musk about the capabilities of their vehicles … put Tesla drivers … Read more

Facebook accused of buying and burying rivals by US FTC in renewed antitrust fight

The US Federal Trade Commission (FTC) updated its antitrust case against Facebook Inc on Thursday, adding more details about the charge that the social media company crushed or bought rivals and once again asked a judge to enforce the social media giant selling Instagram and WhatsApp. At 80 pages, the new complaint is significantly longer … Read more