Search Results for: FTC

The US has faced numerous issues involving prescription drugs, especially with rising costs and accessibility of life-saving and required medications. One class action lawsuit (Wilkins et. al. v. Genzyme Corporation (n/k/Sanofi) against Genzyme (now owned by and known as Sanofi, the eighth largest pharmaceutical company in the world) alleges the company intentionally misled patients with [...]

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Senator Ron Wyden (D-OR) released a letter Thursday alleging that the US National Security Agency (NSA) buys Americans’ internet browsing information from commercial brokers without a warrant. According to the letter, US intelligence agencies are acquiring data about Americans from private data brokers, and have been for several years. Senator Wyden likened federal agencies purchasing  [...]

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The New York Times (NYT) and The Wall Street Journal (WSJ) revealed previously redacted details Saturday of a US multi-state lawsuit against Facebook parent company Meta, alleging that Meta purposefully designed its social media platforms to be attractive to children and collected children’s personal data despite the company’s guidelines barring young children from joining its [...]

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The US Federal Trade Commission (FTC) and 17 states sued Amazon on Tuesday for anticompetitive conduct that, they claim, has helped it maintain its “monopoly power” in the online superstore market and the online marketplace services market. The federal and state governments are asking that the US District Court for the Western District of Washington [...]

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The US Federal Trade Commission (FTC) sued retail platform Amazon.com Wednesday over allegations that Amazon deceived users into purchasing renewable subscriptions to its Prime service, which allows customers to save on delivery fees. The FTC claims that Amazon “duped millions of customers” into “unknowingly” purchasing these subscriptions through deceptive web design. In a heavily redacted [...]

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The UK Competition and Markets Authority (CMA) Tuesday announced the launch of its investigation into Amazon.com, Inc.’s $1.7 billion acquisition of iRobot Corporation, which is known for its Roomba robot vacuum cleaners. The CMA’s findings will allow it to determine whether Amazon’s acquisition of iRobot will reduce market competition within the UK. The CMA must [...]

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The US Supreme Court Friday issued a 9-0 opinion in Axon Enterprise, Inc. v. Federal Trade Commission, holding that separate legal challenges to the structure of the Security and Exchange Commission (SEC) and the Federal Trade Commission (FTC) may proceed in federal court. The opinion, written by Justice Elena Kagan, stipulates that district courts retain federal question [...]

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Amazon and 1Life Healthcare, Inc. (One Medical) Wednesday announced Amazon’s completed $3.9 billion acquisition of One Medical. Amazon announced its intended acquisition of the membership-based healthcare provider in July 2022. Senior Vice President of Amazon Health Services Neil Lindsay stated that the acquisition will allow Amazon to further its “mission to make it dramatically easier for [...]

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