Tag: FTC

Here you will find all the articles with the tag: FTC.

The antitrust lawsuit against Facebook could start this month

The antitrust lawsuit against Facebook could start this month

Politico recently reported that the long-awaited antitrust lawsuit from the United States Federal Trade Commission against Facebook could be here before the end of this November. The report, which came out on Friday, cites three people familiar with the matter and says that the FTC is considering h... Read more

date3 years ago
Federal Trade Commission investigates AWS

Federal Trade Commission investigates AWS

Officials of the American Federal Trade Commission (FTC) are investigating whether Amazon.com's cloud computing business, Amazon Web Services (AWS), has violated antitrust laws, according to sources. The sources told Bloomberg that details of the case could not yet be disclosed at this time, nor... Read more

date4 years ago
FTC reviews Facebook acquisitions in competition research

FTC reviews Facebook acquisitions in competition research

The Federal Trade Commission (FTC) is investigating Facebook acquisitions as part of a competition investigation. Meanwhile, the social medium has decided to make it clearer that it owns Instagram and WhatsApp, by adding its name. The FTC wants to know whether the takeovers of Facebook were part ... Read more

date5 years ago
FTC investigates iPhone deal between Amazon and Apple

FTC investigates iPhone deal between Amazon and Apple

The American watchdog Federal Trade Commission (FTC) would investigate a deal between Amazon and Apple. Last year, the two companies concluded a deal to sell Apple iPhones and other products directly through the online store. With the deal, Apple was able to sell directly via Amazon for the firs... Read more

date5 years ago
Co-founder Facebook is working with authorities to break up business

Co-founder Facebook is working with authorities to break up business

Chris Hughes, co-founder of Facebook, works with authorities to break up the company. Hughes is said to have visited the United States Department of Justice and the Federal Trade Commission (FTC). Hughes is working with two major antitrust academics. These are Scott Hempill from New York University ... Read more

date5 years ago
FTC fines Facebook $5 billion and demands privacy review

FTC fines Facebook $5 billion and demands privacy review

The Federal Trade Commission (FTC) has fined Facebook $5 billion for various privacy scandals. In addition, the social medium must take various measures to prevent future problems. The fine follows an investigation by the FTC, which began after it became clear that Cambridge Analytica misused the da... Read more

date5 years ago
U.S. watchdogs fining Equifax $700 million for hacking 2017

U.S. watchdogs fining Equifax $700 million for hacking 2017

Equifax, an American credit bureau, is likely to be fined $700 million by several American watchdogs. The reason is that the company was hacked in 2017, seizing the citizen service numbers and other sensitive information of nearly 150 million Americans. If the settlement is indeed reached, the compa... Read more

date5 years ago
D-Link gets strict security tests for ten years after FTC deal

D-Link gets strict security tests for ten years after FTC deal

D-Link has reached an agreement with the US FTC, following a lawsuit from 2017. As part of the agreement, the company must set up a new software security program for its routers and internet-connected cameras. D-Link was indicted by the FTC in 2017 for misrepresenting the security of its devices and... Read more

date5 years ago
Co-founder Facebook: ‘It’s time to break up the company’.

Co-founder Facebook: ‘It’s time to break up the company’.

Chris Hughes, co-founder of Facebook, pleads in a big opinion piece in The New York Times for a break-up of Facebook. According to Hughes, CEO Mark Zuckerberg and the company have too much power. "Mark's power is unprecedented and un-American." Hughes makes it clear in the piece that he and Zuckerbe... Read more

date5 years ago
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