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The Latest Breaking News from FTC

Wages Are Rising for Low-Skill Workers, Driving Down Poverty and Inequality

Plus: "Flipping the proverbial bird is a God-given" right, administrative state abuses, and more...

Reason

Noncompete rule puts doctors, hospitals at odds

WASHINGTON — Hospitals and physicians are squaring off over a proposed Biden administration rule that would ban noncompete agreements — contractual clauses common in the health care industry that prevent workers from working for a competitor for a certain amount of time after leaving a company.

Tribune News Service

TV pitchman Kevin Trudeau says he wants to put case ‘behind me’ as judge weighs whether he’s hiding assets

Trudeau still owes $37 million to consumers who bought his diet book more than a decade ago.

Chicago Sun-Times

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Noncompete rule puts doctors, hospitals at odds - Roll Call

Hospitals say a ban on noncompete clauses would make it hard to retain workers, but doctors say the clauses can limit their career growth.

Roll Call

FTC Seeks Names of All Journalists With Whom Musk Shared Twitter Documents

Plus: U.S. special forces seeks “next generation” deepfake tech, the economic cost of the PRO Act, and more…

Reason

A year on, many US parents are still reeling from baby formula shortage

Families in rural towns still faced with empty shelves, purchase limitations and fewer options of infant formula

The Guardian - US

Federal Trade Commission Attempting A Lawsuit Against Microsoft Over Antitrust Issues

PlayStation owner Sony Group Corp has been vocal in its attempt to block rival Microsoft Corporation buying Activision Blizzard.

Zenger

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Big Brother vs Big Tech

Biden wants more chips; Democrats claim they'll protect your health data. Plus: A drone that kills on its own?

Salon

Big Tech companies aren't afraid of antitrust regulators, but they sure do dance for activist hedge funds

To judge by recent multibillion dollar deals, antitrust worries are not causing companies like Amazon or Microsoft to back off big acquisitions. But pressure from activist investors is a different story.

Fortune

Protecting privacy online begins with tackling 'digital resignation'

From smart watches and meditation apps to digital assistants and social media platforms, we interact with technology daily. And some of these technologies have become an essential part of our social and professional lives.

The Conversation

Prosecutors indict Dentsu, 5 other firms / Charges filed over Olympic contract bids

The Tokyo District Public Prosecutors Office indicted six companies and seven individuals Tuesday over suspected bid rigging linked to the Tokyo Games in violation of the Antimonopoly Law.

The Japan News/Yomiuri

A group autopsy of the Supreme Court's oral argument on section 230

Episode 445 of the Cyberlaw Podcast

Reason

Funeral home pricing is broken. Here’s how the FTC may fix it–and why we’re worried it won’t be enough

An analysis of 14,358 funeral home websites found that only 18% list their prices anywhere online.

Fortune

FTC Investigating, but Not Thwarting, Amazon Acquisition of One Medical

Since the Federal Trade Commission didn't sue in time, the deal went through. But will FTC Chair Lina Khan keep trying to attack Amazon for its bigness?

Reason

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The Independent UK

Amazon closes $3.9B buyout of health company One Medical

Amazon has closed its $3.9 billion acquisition of the primary care organization One Medical

Tribune News Service

Abbott faces a second FTC investigation over baby formula shortage

Abbott Laboratories is facing another investigation into its role in last year’s baby formula shortage that left millions of American families scrambling for vital nutrition products.

Reason

FTC Commissioner Resigns To Protest Agency's 'Disregard for the Rule of Law'

Chair Lina Khan has flouted the rule of law and due process, Commissioner Christine Wilson wrote.

Fortune

Republican regulator rips Lina Khan in ‘noisy exit,’ accuses ‘hipster antitrust’ boss of breaking the law by having opinions on Mark Zuckerberg

Khan once wrote that Zuckerberg should never be allowed to make another acquisition. Now we know the strength of internal dissent over that.

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news in one place.

100's of premium titles.
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Fortune

Meta sparked a bitter fight inside the FTC

A bitter fight inside among FTC commissioners over Meta's acquisition of a VR company spilled into the public realm.

Reason

Lawmakers Use Kid Safety as Excuse To Violate Adults' Rights

Plus: New York "hate speech" law is likely unconstitutional, FTC Commissioner quits because of chair Lina Khan's antics, and more...

Reason

FTC Chair's Activism Prompts a Commissioner to Resign

FTC Commissioner Christine WIlson is resigning from the Commission. (Updated)

Reason

Who Needs Hackers When You Have Balloons?

Episode 442 of the Cyberlaw Podcast

Los Angeles Times

Editorial: FTC crackdown on GoodRx sends a message that private consumer data must be protected

Since 2017, GoodRx has helped millions of people find deals on prescription drugs via an app and website. But what its customers may not have known is that the Santa Monica-based health company had also been sharing information about their prescriptions and illnesses with third parties such as Google and…

Tribune News Service

$115 million in refunds being sent to thousands scammed by fraudsters using MoneyGram

Nearly 40,000 consumers who lost money to scammers using MoneyGram’s payment system will receive a combined $115.8 million in refunds as a result of a 2018 settlement with the Dallas-based company.

Salon

Musk fired engineer over declining views

Musk fired an engineer who said there was no evidence the algorithm was biased against him

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People

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