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#ftc

38 posts37 participants2 posts today
Public
ResearchBuzz: Firehose

The Verge: FTC v. Meta live: the latest from the battle over Instagram and WhatsApp. “The FTC first brought the case in late 2020. While it was initially thrown out by the judge, he let an amended version move forward after the government beefed up details about why it thinks Meta is a monopoly. This phase of the trial will help the judge determine if Meta is liable for breaking antitrust […]

https://rbfirehose.com/2025/04/20/ftc-v-meta-live-the-latest-from-the-battle-over-instagram-and-whatsapp-the-verge/

#AntiTrust#Facebook#ftc
Public
Joseph Lim :mastodon:

15 #hotels in #Tokyo investigated by #FTC over possible #pricefixing
🤦‍♂️"meeting monthly to ex🔺️ info incl #occupancy, ave room fees charged & project'ns re'g future #pricing 🔺️s. Ref'd by hotels as "front reservation meetings” e practice had been going for #decades.. consists of Imperial, New Otani, Okura, Hyatt Regency, Metropolitan, Keio Plaza, Cerulean Twr Tokyu, Chinzanzo, Asakusa View, Palace, Royal Park, Dai Ichi, Prince Park Twr, Grand Nikko Daiba & Sheraton Miyako"
soranews24.com/2025/04/19/15-f

SoraNews24 -Japan News- · 15 famous hotels in Tokyo investigated by Fair Trade Commission over possible price fixingHotels had been meeting for decades to exchange insider information regarding occupancy rates and future pricing projections.
Public
psuPete

#CyberCrime #LLRX @bespacific

Pete Recommends – Weekly highlights on cyber security issues, April 19, 2025

Five highlights from this week: Text Message Scams Cost Consumers $470 Million in 2024, #FTC Reports; Trump is shifting cybersecurity to the states, but many aren’t prepared; Homeland Security Email Tells a US Citizen to 'Immediately' Self-Deport; #OpenAI Tightens Access As Evidence Mounts of AI Model Mimicry; and #ICE Just Paid #Palantir Tens of Millions for ‘Complete Target Analysis of Known Populations’.

Posted in: #AI Big Data, Civil Liberties, Cybercrime, Cybersecurity, Email, Financial System, Legal Research, #Privacy Search Engines

llrx.com/2025/04/pete-recommen

Public
The Japan Times

The Japan Fair Trade Commission is considering issuing warnings to 15 hotel operators in Tokyo on suspicion that they have violated the antimonopoly act for holding monthly meetings to share internal information. japantimes.co.jp/news/2025/04/ #japan #society #hotels #tourism #ftc

The Japan Times · Tokyo hotel operators face possible warnings over suspected price cartelBy Karin Kaneko
Public
Miguel Afonso Caetano

"Mark Zuckerberg called the head of the Federal Trade Commission in late March with an offer: Meta would pay $450 million to settle a long-running antitrust case that was about to go to trial.

The offer was far from the $30 billion that the FTC had demanded. It was also a fraction of the value of Instagram and WhatsApp, the two apps Meta had bought and were at the heart of the government’s case.

On the call, Zuckerberg sounded confident that President Trump would back him up with the FTC, said people familiar with the matter. The billionaire Facebook co-founder had been developing closer ties to Trump—his company donated $1 million to Trump’s inauguration and settled a $25 million lawsuit—and had been pressing the president in recent weeks to intervene in the monopoly lawsuit.

FTC Chairman Andrew Ferguson found the offer not credible, and wasn’t ready to settle for anything less than $18 billion and a consent decree. As the trial approached, Meta upped its offer to close to $1 billion, the people said, and Zuckerberg led a frenzied lobbying effort to avoid the FTC trial.

It wasn’t enough. On Monday, the trial kicked off. The FTC called Zuckerberg—who privately expressed reluctance about taking the stand—to testify for four hours.

Zuckerberg was back on the witness stand Tuesday, where he faced questioning from an FTC lawyer over whether Facebook had paid $1 billion to buy Instagram to “neutralize” a competitor.

Asked if he would have preferred that Facebook’s own camera app would have grown faster, Zuckerberg responded, “I guess so, yeah. A billion dollars is very expensive.”

Former FTC Chair Lina Khan told the Journal that the company’s $450 million settlement offer was “delusional.”"

wsj.com/us-news/law/mark-zucke

#USA#FTC#SocialMedia
Public
Ecologia Digital

#Caff: "A bola da vez é uma ação #antitruste movida pela #FTC (Comissão Federal de Comércio) dos EUA contra a #Meta, dona do #Facebook, #Instagram e #WhatsApp. O governo norte-americano acusa a empresa de #práticasanticompetitivas ao adquirir o Instagram (em 2012) e o WhatsApp (em 2014) para consolidar um #monopólio nas redes sociais.
A FTC pediu, dentre outras medidas, o desmembramento da Meta, separando assim Instagram e WhatsApp como empresas independentes."
uol.com.br/tilt/colunas/carlos

UOL · Quem concorre com a Meta? Futuro da empresa vai a julgamento nos EUABy Carlos Affonso de Souza
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