US: FTC calls DOJ’s request for hearing in Qualcomm case “untimely”

US: FTC calls DOJ’s request for hearing in Qualcomm case “untimely”

The US Federal Trade Commission (FTC) is pushing back against the Justice Department’s request to be heard on any potential sanctions against Qualcomm in a pending anti-monopoly case in San Jose federal court. In a two-page filing on Thursday, May 9,, the FTC called the Justice Department’s efforts last week to intervene in the case […]

US: Judge upholds FTC’s move to undo prosthetics merger

US: Judge upholds FTC’s move to undo prosthetics merger

Otto Bock HealthCare North America, the maker of microprocessor prosthetic knees, must undo its 2017 merger with a former competitor, Freedom Innovations, an administrative law judge ruled May 7. The Federal Trade Commission’s Chief Administrative Law Judge Michael Chappell found that the completed deal between the two top sellers of prosthetic knees will likely lead […]

US: Lawmakers criticize Facebook settlement with FTC

US: Lawmakers criticize Facebook settlement with FTC

Two US senators on Monday, May 6, criticized reported plans for a Federal Trade Commission (FTC) settlement with Facebook Inc for misuse of consumers’ personal data, saying that top officials, potentially including founder Mark Zuckerberg, must be held personally responsible, reported Reuters. In a letter to the FTC, Senators Richard Blumenthal, a Democrat, and Josh […]

US: Facebook to create privacy committee as part of FTC settlement

US: Facebook to create privacy committee as part of FTC settlement

Facebook is in discussions with the Federal Trade Commission over a settlement that would include appointing privacy-focused executives in the C-suite. Politico, citing sources close to the discussions, reported the appointment of privacy executives would be in addition to the social media giant paying a multibillion-dollar fine that could be in the $3 billion to […]

US: FTC delays Roche’s Spark takeover, again

US: FTC delays Roche’s Spark takeover, again

Just days after Roche CEO Severin Schwan said the $4.8 billion buyout of Spark Therapeutics will close by June despite a recent delay, the company has been forced to push its tender offer off even further. A Federal Trade Commission review is taking longer than expected, Roche said. To allow the US antitrust agency more […]

US: Surescripts faces antitrust suit

US: Surescripts faces antitrust suit

The Federal Trade Commission (FTC) filed an antitrust lawsuit against the health information network Surescripts on Wednesday, April 24, accusing them of using illegal means to maintain monopolies over two portions of the electronic prescribing market, reported Reuters. Surescripts said in a statement that it was “disappointed” by the lawsuit and had been cooperating with […]

US: FTC settles antitrust suit with Tronox

US: FTC settles antitrust suit with Tronox

Tronox has reached a settlement with US antitrust enforcers that will allow it to move forward with its purchase of much of Cristal’s titanium dioxide business, the Federal Trade Commission announced on Wednesday, April 10. The company valued the deal at US$1.673 billion when it was announced in February 2017. Under the terms of the […]

US: Senators want FTC to disclose whether it is investigating Google

US: Senators want FTC to disclose whether it is investigating Google

Senators Marsha Blackburn (Republican – Tennessee) and Amy Klobuchar (Democrat – Minnesota) sent a letter on Monday, April 8, to the Federal Trade Commission (FTC) requesting it take action on Facebook and Google’s potential anticompetitive behavior and violations of American privacy, reported the Hill. In a statement, Blackburn said she hoped the “bipartisan effort” would […]

US: FTC wants more info on Altria’s JUUL investment

US: FTC wants more info on Altria’s JUUL investment

Altria Group gets a request for additional information from the US Federal Trade Commission (FTC) regarding its investment in JUUL Labs  that closed in December 2018, reported Reuters. Altria, which bought a 35% stake in Juul for US$12.8 billion in December, is now looking to convert its non-voting stake in the company to voting shares […]

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