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The Latest Breaking News from FTC

Wall Street is betting that Microsoft-Activision deal will fail

Activision Blizzard Inc. shareholders approved the company’s $69 billion sale to Microsoft Corp on Thursday, but Wall Street is betting that Biden antitrust enforcers could unravel one of the largest mergers in U.S. history.

Tribune News Service

Activision Blizzard stockholders approve Microsoft buyout

Wall Street reportedly bets the deal will fail, though.

USA Today Sports Media Group

Democrats pitch boosting FTC to curb gas price gouging

Democratic leaders have announced an effort to give the Federal Trade Commission increased authority to crack down on oil and gas companies that engage in price gouging

The Independent UK

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Can billionaire celebrity Mark Cuban fix America’s broken health system?

The celebrity investor has teamed up with a soft-spoken radiologist to tackle the USA’s healthcare crisis – and he has drug industry middlemen squarely in his sights, reports Io Dodds

The Independent UK

Pseudonymous Lawsuit by Police Officer Over His Placement on "Exculpatory Evidence List"

I filed a motion to unseal and oppose pseudonymity last week in Doe v. Town of Lisbon (thanks to my students Ireland Larsen, Matthew Veldman, Erin Yonchak for their work on it), and I thought readers might find it interesting. The backstory, from a 2020 N.H. Supreme Court decision (see…

Reason

Republican Debates Democrats Over Commanders Allegations

It comes after a committee sent a letter to the FTC concerning possible financial improprieties by the franchise, which Washington denied.

Sports Illustrated

What's next in the Washington football team congressional oversight saga?

Accusations that the club kept revenue it was supposed to share with the NFL may become a larger issue than workplace harassment allegations.

Roll Call

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Exclusive: U.S. Chamber seeks to delay confirmation of FTC commissioner

The U.S. Chamber of Commerce wants nominee Alvaro Bedoya to answer more questions.

Axios

Attorneys General Comment on Commanders Allegations

The Virginia, Maryland and D.C. attorneys general have issued comment on the alleged financial improprieties by the Washington franchise.

Sports Illustrated

Commentary: Why make direct car-buying illegal?

With gas prices soaring to well above $4 per gallon, every day seems to bring new examples of federal and state lawmakers decrying the situation and, in many cases, pushing for more environmentally friendly transportation. It seems strange, then, how many states actively limit the ability of consumers to directly…

Tribune News Service

Travel influencer sued over claim she is ‘first woman to visit every country’

Cassie De Pecol has launched a podcast, book and TED Talk off the back of the claim

The Independent UK

Congress Says Commanders May Have Misappropriated Fans’ Money, Misrepresented Revenue

The Committee of Oversight and Reform sent the Federal Trade Commission an explosive letter detailing its new findings into Washington.

Sports Illustrated

Congress alleges Washington Commanders might have engaged in ‘unlawful’ financial conduct

The House Committee on Oversight and Reform sends a letter to FTC alleging the Washington Commanders' financial improprieties regarding ticket revenue.

USA Today Sports Media Group

Congress tells FTC Commanders may have broken financial laws

The U.S. House Oversight Committee sent a letter to the Federal Trade Commission saying it found evidence the NFL's Washington Commanders engaged in unlawful financial conduct

The Independent UK

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The Independent UK

Walmart, Kohl's settle over 'eco-friendly' rayon products

Walmart and Kohl’s are paying a combined $5.5 million in settlements after he Federal Trade Commission said the retailers falsely marketed dozens of sheets and other home textile products as made of environmentally friendly bamboo

Tribune News Service

Fake bank records are readily available as US hunts for fraud

For anyone who wants a phony pay stub or doctored tax return, an easy source is just a click away.

Axios

What worries Big Tech about Europe's new digital rules

Big Tech worries that compliance might mess with what made their products popular.

Benzinga

FDA Warns CBD Companies To Stop Claiming Their Products Can Treat COVID-19

The FDA issued a letter warning seven CBD companies to re

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Mic

The feds just slapped TurboTax with a lawsuit for its “free” filing claims

You know those “free, free free free” commercials? Yeah, not only are they annoying, but they’re untrue too.

Los Angeles Times

Michael Hiltzik: The FTC sues TurboTax for trying to keep you from filing your taxes for free

For what seems like forever, Americans have been asking why it's so damn hard — and expensive — to file their taxes.

The Independent UK

FTC sues Intuit to stop 'bait-and-switch' TurboTax ads

The Federal Trade Commission is suing TurboTax maker Intuit, saying its ads for “free” tax filing misled consumers

Reason

No, Schools Aren't Accommodating Students Who Identify as Animals

Plus: Biden wants to ramp up military and law enforcement spending, study challenges conventional wisdom about social media misinformation, and more...

Benzinga

Amazon Consummates MGM Deal Post Clean Chit From Regulators

Amazon.com Inc (NASDAQ:AMZN) closed the $8.5 billion acquisition of film studio Metro-Goldwyn-Mayer after a clean chit from the U.S. FTC and EU. The EU contended that the deal would not hamper competition as the two companies did not significantly overlap in content production, the Wall Street Journal reports. The FTC also did not…

The Guardian - US

Weight Watchers allegedly used diet app to illegally gather data on children, FTC says

Kurbo, designed to target children as young as eight, allegedly encouraged users to claim they were at least 13 years old

Roll Call

Senate panel deadlocks again over nomination of Bedoya for FTC

Senate Commerce is again deadlocked on President Biden's nomination to the FTC because of a tweet about the 2016 Republican convention.

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