Epic Games, the maker of Fortnite, agreed to pay $245 million to refund customers over accusations that it tricked players into making unwanted purchases.
Category: Federal Trade Commission
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Common Patenting Tactic by Drug Companies May Be Illegal, F.T.C. Says
Experts say the exploitation of a loophole in the patent system has contributed to high prices for inhalers.
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Google Turns to a Steady Old Hand to Fight Antitrust Charges
The tech giant is facing the greatest legal threat in its history, and hopes the stolid approach of Kent Walker, its top lawyer, will once again prevail.
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J.N. Shapiro Makes a Watch in the United States.
J.N. Shapiro markets its Resurgence model as the first watch produced entirely in the country since 1969.
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Amazon to Meet Regulators as U.S. Considers Possible Antitrust Suit
Amazon’s meetings with the Federal Trade Commission, known as “last rites” meetings, are typically a final step before the agency votes on filing a lawsuit.
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‘Chasing Arrows’ Recycling Symbol Is Misleading on Plastics, E.P.A. Says
The agency wants to stop using the “chasing arrows” logo on plastics that can’t be recycled. The man who designed it more than 50 years ago agrees that the symbol has been misused.
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A New Frontier for Travel Scammers: A.I.-Generated Guidebooks
Shoddy guidebooks are flooding Amazon. Their authors claim to be renowned travel writers, but are they A.I. inventions? And how big is the problem?
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A.I. Regulation Is in Its ‘Early Days’
While there has been a flurry of activity by the White House and lawmakers over artificial intelligence, rules for the technology remain distant, lawmakers and experts said.
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Biden’s Antitrust Team Isn’t Backing Down From a Fight
Newly released guidelines for mergers show that despite legal setbacks, top competition officials intend to keep scrutinizing takeovers and technology giants.