FTC sues to block $8.5B merger that would unite luxury brands Coach and Michael Kors
The Federal Trade Commission announced Monday that it has filed a lawsuit seeking to block Coach’s parent company Tapestry’s $8.5 billion deal to buy Michael Kors owner Capri, saying it eliminates competition. This comes as several U.S. lawmakers are calling for increased FTC oversight of multibillion-dollar transactions that risk price gouging and could impact consumers. […]
New Republican FTC commissioners must counter Khan
The Senate recently confirmed Andrew N. Ferguson and Melissa Holyoak as commissioners to the Federal Trade Commission in a unanimous vote. Their appointment not only returned the agency to five members for the first since 2022 but also restored bipartisan representation. Ferguson and Holyoak are both Republican. For almost a year, the FTC had been run […]
FTC may try to block yet another business merger
See what’s being clicked on FoxBusiness.com federal antitrust regulator Coach is planning to file a lawsuit to block owner Michael Kors’ $8.5 billion bid to buy Capri by Tapestry, Coach’s parent company, according to a report. new york times dealbook. The Federal Trade Commission (FTC) is scheduled to hold a meeting next week to discuss […]
Can You Believe Your Ears? FTC Awards Prizes for Tech to Detect AI-Generated Deepfake Voices
Amid growing concerns about the impact of deepfakes on elections and consumer fraud, the Federal Trade Commission (FTC) has named four organizations that have developed technology that can distinguish between real human voices and voices generated by AI. Awarded. NPR report The winners of the FTC contest are said to be showcasing different approaches to […]
Is the FTC calling you? Probably not. Here’s how to avoid a phone scam targeting you
Just when you thought phone scams couldn’t get any more sophisticated, there’s another one to watch out for. And this is even more sophisticated. Because this is the government agency that will be reporting this type of fraud. F.T.C. – Spoofing is occurring. woman on the phone (Kurt “Cyber Guy” Knutson) One reason this spoofing […]
Jon Stewart Says Apple Asked Him NOT To Interview FTC Chair #TYT
“The Daily Show” host Jon Stewart said that Apple asked him not to interview Federal Trade Commission (FTC) Chair Lina Khan. source
OSSOWSKI: Misinformed Jon Stewart Applauds FTC Chair Lina Khan
It’s not often that the head of a U.S. federal agency is given the red carpet treatment on Comedy Central, but for Jon Stewart, it’s to be expected. Lina Khan, chair of the Federal Trade Commission (FTC), appeared on the revamped Daily Show featuring Stewart as host on Monday nights, to hype up the FTC’s work […]
Meta asks judge to dismiss FTC antitrust case
Mehta announced Friday that the Federal Trade Commission (FTC) has failed to prove that its acquisitions of Instagram and WhatsApp harmed consumers in an antitrust case against the social media giant. asked a federal judge to dismiss the lawsuit. “From the outset, the FTC has not stated a plausible case and has done nothing to […]
Jon Stewart says Apple asked him not to interview FTC head Lina Khan
Freedom Capital Markets’ chief global strategist discusses how the TikTok ban could impact the U.S. stock market on “Kabuto: Coast to Coast.” Jon Stewart said he once wanted to have the Federal Trade Commission’s Lina Khan as a guest on his podcast, but Apple discouraged him from doing so. “I have to tell you, I […]
FTC calls out profits as a driver of grocery prices
A new report from the Biden administration raises questions about the causes of rising food prices that have long weighed on American household budgets in the wake of the coronavirus recession. Profits and inflation have soared simultaneously in the aftermath of the pandemic, sparking a heated debate among economists about how much profits, rather than […]