The Latest Breaking News from FTC

FTC says 'romance scams' bilked victims out of $547 million last year

Dating apps and social media were at the center of most scams, says the FTC.

Input · Feb 15, 2022

U.S. Supreme Court to decide whether federal courts have jurisdiction over challenges to the structure of the Federal Trade Commission

The U.S. Supreme Court agreed to hear Axon Enterprise, Inc. v. Federal Trade Commission in an order released on Jan. 24, 2022. The case concerns whether federal courts have the authority to review constitutional challenges to the structure of the Federal Trade Commission (FTC) if plaintiffs have not first raised…

Ballotpedia · Feb 14, 2022

Nvidia calls off Arm buyout following FTC block

The FTC's tirade against Big Tech acquisitions continues unabated.

Input · Feb 8, 2022

Crypto leads to massive surge in online scams

Fraud cases from social media now account for roughly 25% of all fraud cases in the U.S.

Axios · Jan 27, 2022

Why Aerojet Rocketdyne Shares Are Falling

Aerojet Rocketdyne Holdings Inc (NYSE: AJRD) shares are trading lower by 18.5% at $36.72 Tuesday afternoon after the FTC sued to block the proposed merger with Lockheed

Benzinga · Jan 25, 2022

Aerojet Rocketdyne Stock Plummets As FTC Sues To Block Lockheed Martin Deal

Aerojet Rocketdyne Holdings Inc (NYSE:AJRD) stock fell following the disclosure that it is highly likely that the Federal Trade Commission (FTC) will vote to sue to block the Lockheed Martin Corp (NYSE:LMT) transaction. Meanwhile, the FTC stated it sued to block Lockheed Martin's $4.4 billion proposed vertical acquisition of Aerojet Rocketdyne. "The FTC is suing…

Benzinga · Jan 25, 2022

Snap Ramps Up International Expansion Capitalizing On Cleaner Image

Snap Inc (NYSE:SNAP) sped up its global expansion from Mexico to Japan through tie-ups with wireless carriers and highlighting its popular augmented reality features, Reuters reports. Snap remained largely unscathed by global governments and regulators and has developed a playbook for attracting users in new markets that plays up the appeal of…

Benzinga · Jan 21, 2022

Will Microsoft's Activision Blizzard Acquisition Survive The Wrath Of Khan, As Antitrust Sentiment Becomes Bipartisan?

Star Trek: The Wrath Of Khan poster reimagined with incoming FTC Chairwoman Lina Khan as Khan and Google co-founder Larry Page and Amazon founder Jeff Bezos awaiting her wrath. Image via the Portfolio Armor art department. Muted Response To Microsoft's Activision Bid

Benzinga · Jan 19, 2022

TechScape: The US government may be one step closer to breaking up Meta

In this week’s newsletter: How a judge’s ruling could pave the way for a costly, lengthy legal battle over the future of Facebook, WhatsApp, and Instagram

The Guardian - UK · Jan 19, 2022

US regulators aiming at illegal and anticompetitive mergers

U.S. competition regulators have mounted an effort to tighten enforcement against illegal mergers, in line with President Joe Biden’s mandate for greater scrutiny to big business combinations

The Independent UK · Jan 18, 2022