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Facebook Could Face Multi-Billion Dollar Fine Over Privacy Violations
Facebook and the Federal Trade Commission are negotiating over a multi-billion dollar fine to settle the agency’s investigation into the social media company’s privacy …
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FTC Has Power to Prosecute Companies over Slack Online Security
A federal appeals court on Monday has ruled that the Federal Trade Commission does have the right to prosecute companies who fail to protect …
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Aetna, Humana Acquisition Deal on a Fast Track
Aetna is almost close to an agreement to buy its rival Humana for about $34 billion. On Thursday, people familiar with the matter briefed …
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FTC Rejects Merge between Sysco and US Foods
Sysco – the nation’s largest food distributer lost a battle with the US government Federal Trade Commission. On Tuesday, the Federal judge ordered a preliminary …
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Reynolds American gets approval from FTC to buy Rival Lorillard
On Tuesday, Reynolds American, one of the biggest cigarette makers won U.S antitrust to buy smaller portion of rival Lorillard with a contract, which …
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TracFone to pay $40 million for misleading consumers about ‘unlimited’ data plans
TracFone Wireless, the largest prepaid mobile phone service company in the country will pay $40 million to settle claims that it deceived millions of …
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FTC says web privacy firm deceived consumers about recertification program
TRUSTe, the provider of privacy certifications for online businesses skipped follow-up audits of some companies that had received its seal and allowed it to …
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Yelp settles FTC Suit over collecting data on children
San Francisco based online customer review stalwart Yelp has agreed to pay US $450,000 to the U.S. Federal Trade Commission to settle charges after …
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Google Queried by FTC over Business Practices
While some of Google’s competitors have claimed that that the no. 1 search engine company manipulates the online advertising market, others have accused Google of influencing rankings of search results in a manner that results in maximum traffic getting diverted to its own products and away from competitive offerings.
