By the Financial Times Editorial Board The Federal Trade Commission’s $5bn fine for Facebook — assuming it is approved by the Department of Justice — is both eye-catching and sets a new record. The 2 per cent rise in Facebook shares after it was reported shows how little impact the market believes it will have […]
Surescripts has moved to dismiss the Federal Trade Commission’s (FTC) charge from earlier this year that it holds an illegal monopoly on the e-prescribing market. This past April, the FTC alleged that Surescripts “intentionally set out to keep e-prescription routing and eligibility customers on both sides of each market from using additional platforms (a practice […]
The Federal Trade Commission (FTC) has reportedly approved an approximately US$5 billion settlement with Facebook (FB), suggesting a lengthy investigation into the social media company’s data privacy practices could be nearing an end. The FTC is said to have voted 3-2 in favor of the settlement, along party lines, The Wall Street Journal reported on […]
The Federal Trade Commission (FTC), with the concurrence of the Antitrust Division of the US Department of Justice, has approved amendments to the Hart-Scott-Rodino Rules and to the instructions for filling out the Antitrust Act Notification and Report Form (known also as the HSR Form). Companies use the HSR Form to report a proposed merger, […]
Bristol-Myers Squibb on Monday, June 24, offered to divest Celgene’s psoriasis treatment Otezla to allay concerns raised by the US competition regulator, and pushed back the closing of their US$74 billion deal. Bristol announced its plans to buy Celgene in a cash-and-stock deal in early January to bring together the companies that specialize in oncology […]
Seven US Senate Democrats asked the Trump administration on Friday, June 21, to disclose details of possible Federal Trade Commission and Justice Department antitrust investigations into Amazon.com, Facebook, Alphabet, and Apple. The senators, led by Senator Amy Klobuchar, a presidential candidate, wrote in the letters to FTC Chairman Joe Simons and Justice Department antitrust chief […]
June 2019 The Alignment of Evidence and Economics: A Rebuttal to Ginsburg and Wright By Joseph Kattan & Timothy J. Muris1 Click here for a PDF version of the article Introduction In a March article in CPI’s Blog O’ Blogs, Judge Douglas Ginsburg and Professor Joshua Wright (“G&W”) criticized the Nash bargaining model of […]
YouTube may have a particularly strong incentive to change how it handles kids’ videos, it appears to be under government scrutiny for its behavior. Sources for both the New York Times and Wall Street Journal assert that the FTC is in the “late stages” of an investigation into possible violations of kids’ privacy. Advocacy groups […]
Federal regulators approved UnitedHealth’s $4.3 billion purchase of DaVita’s physician group with the condition that theUnitedHealth sell one of its newly purchased health-care provider organizations in Nevada. The Federal Trade Commission said Wednesday UnitedHealth has agreed to divest a primary-care practice in the Las Vegas region known as HealthCare Partners Nevada to Utah-based Intermountain Healthcare. […]
In the debate between breaking up Big Tech and homing in more on privacy regulation, some observers propose seeking a balance. Former Federal Trade Commission (FTC) Chairman and George Washington University Law School Professor William Kovacic believes there’s a “synthesis” between the two sides, but he thinks US Sen. Elizabeth Warren (Democrat – Massachusetts) was […]