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Amazon just won a partial victory against FTC
FTC can proceed with its antitrust claims against Amazon, judge rules
The court is expected to unseal the order later this month. The
FTC
and the attorneys general of 18 states and Puerto Rico allege in the case that the company abused its dominance in the market to squeeze merchants and crush rivals, resulting in higher ...
The extent of Amazon’s ‘partial victory’ against the FTC is under wraps for now
A federal judge in Seattle granted in part, and denied in part, Amazon’s motion to dismiss the U.S. Federal Trade Commission’s landmark antitrust lawsuit against the e-commerce giant. In addition, the judge went along with the FTC’s preference to split the case into two stages.
Judge partially dismisses FTC’s antitrust lawsuit against Amazon
A federal judge on Monday partially dismissed the Federal Trade Commission’s (FTC) antitrust lawsuit against Amazon. However, few details are currently available about U.S. District Judge John Chun’s decision,
FTC Clears Chevron-Hess Merger
US FTC Allows Chevron-Hess Deal, Bars John Hess From Board
NEW YORK (Reuters) -The U.S. Federal Trade Commission allowed Chevron's $53 billion purchase of Hess Corp on Monday, in an order that barred Hess CEO John Hess from Chevron's board. The FTC's order leaves Exxon Mobil's challenge to the deal, which is expected to stretch deep into next year, as its final hurdle.
FTC Release: FTC Order Bans Hess CEO from Chevron Board in Chevron-Hess Deal
The Federal Trade Commission is taking action to resolve antitrust concerns related to Chevron Corporation's acquisition of rival oil producer Hess Corporation by approving a proposed consent order that would prohibit Chevron from appointing Hess CEO John B.
F.T.C. Clears Chevron’s Purchase of Hess With Board Condition
The Federal Trade Commission said the oil giant could acquire the smaller company as long as the chief executive of Hess did not join its board.
55m
FTC seeks to block Kate Spade, Michael Kors merger
The FTC may block a planned merger between the luxury brands that would consolidate six upscale fashion brands into a single ...
6h
on MSN
The FTC Is Delaying Big-Oil Mergers. It’s Not Stopping Deals From Closing.
The regulatory scrutiny has delayed several deals for months. But experts said the delays aren’t having a noticeable impact ...
11h
Lina Khan ends FTC term. What’s next for her?
From Wall Street to Silicon Valley, everyone wants to know what’s next for Lina Khan. On Wednesday, the youngest-ever chair ...
JD Supra
4h
FTC to Appeal Florida Court’s Preliminary Injunction of Noncompete Ban Following Texas Court’s Block
The Federal Trade Commission (FTC) is appealing a Florida federal court ruling temporarily blocking the FTC’s noncompete ban a month after a ...
Fierce Healthcare
4h
Wyden, Brown urge FTC to investigate PBM 'co-manufacturing' arrangements
Two key senators are urging the Federal Trade Commission to investigate "co-manufacturing" arrangements that they fear ...
1d
Second oil company CEO conspired with OPEC to keep prices high, FTC charges
Federal regulators are alleging a major oil company CEO conspired with foreign governments to keep oil and gas prices high.
1d
on MSN
Wall Street Bets on $8.5 Billion Fashion Deal’s Fate in FTC Case
US antitrust enforcers’ legal battle to kill an $8.5 billion deal marrying Tapestry Inc.’s Coach and Kate Spade brands with ...
1d
on MSN
FTC Warns of Oil-Patch Collusion. Energy Executives See Political Smear.
The agency accuses John Hess of improper talks with OPEC and will block him from joining the board of Chevron, which is ...
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