Meta, Federal judge
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The FTC's lawsuit had accused Amazon of misleading customers into enrolling in Prime and making it hard for them to cancel their membership.
The Federal Trade Commission has introduced "My Action Plan," a new tool aimed at helping individuals avoid scams by organizing trusted contacts and company information.
The federal government's yearslong case to label Meta a monopoly ended on Tuesday when a federal court ruled in favor of the tech giant. The ruling sets the important precedent that the current market in which a dominant firm competes is the relevant one to consider when determining whether or not it is a monopolist.
According to CBS News, Amazon has started issuing payments to eligible Prime members as part of a $2.5 billion settlement over federal allegations that it misled customers.
The MarketWatch News Department was not involved in the creation of this content. Federal Trade Commission Chairman Andrew N. Ferguson, Assistant Attorney General Abigail Slater of the Justice Department's Antitrust Division,
Payments in a $2.5 billion Amazon settlement with the Federal Trade Commission are going out. Are you eligible in Mississippi? When's the deadline?
On Nov. 4, the Society of Cardiovascular Angiography and Interventions submitted comments to the Federal Trade Commission in response to the agency’s request for information on how noncompete clauses in employment contracts impact business.
Meta has prevailed over an existential challenge to its business that could have forced the tech giant to spin off Instagram and WhatsApp after a judge ruled the company does not hold a monopoly in social networking.