Elon Musk, Marc Andreessen and others have endorsed Donald J. Trump. But President Biden’s withdrawal has re-energized Democrats across the tech industry and may blunt that momentum.
Category: Federal Trade Commission
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Antitrust Regulator Tells Chains: Back Off Your Franchisees
After a yearlong inquiry, the Federal Trade Commission warned brands not to gag their small business operators or charge them extra fees.
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F.T.C. Says Middlemen Seem to Drive Up Drug Prices
In a report, the regulator sharply criticized pharmacy benefit managers, a reversal from its longstanding hands-off approach to policing the companies.
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Judge Backs Challenge to F.T.C.’s Noncompete Ban, at Least for Now
Granting an injunction to several plaintiffs, a judge said the Federal Trade Commission’s pending ban on noncompete agreements was unlikely to prevail.
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Regulators Take on Nvidia, Microsoft and OpenAI
The Federal Trade Commission and Justice Department are set to proceed with investigations into the dominance of Nvidia, Microsoft and OpenAI.
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U.S. Clears Way for Antitrust Inquiries of Nvidia, Microsoft and OpenAI
The Justice Department and the Federal Trade Commission agreed to divide responsibility for investigating three major players in the artificial intelligence industry.
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F.T.C. Clears Exxon Mobil’s Acquisition of Pioneer Natural Resources
The Federal Trade Commission will bar Pioneer’s chief executive, Scott Sheffield, from joining Exxon’s board, saying he colluded with OPEC to reduce oil production.
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Business Groups Sue to Stop F.T.C. From Banning Noncompete Clauses
The suit was filed the day after the agency announced a rule that prohibits companies from limiting their employees’ ability to work for rivals. It argues that the F.T.C. does not have the authority.
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FTC Bans Worker Noncompete Clauses
The rule would prohibit companies from limiting their employees’ ability to work for rivals, a change that could increase competition and boost wages.
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FTC Sues to Block $8.5 Billion Tapestry-Capri Merger
The deal between Coach’s owner, Tapestry, and the parent of Michael Kors, Capri Holdings, is intended to create a U.S. luxury group to compete with the European industry giants.
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F.T.C. Sues to Block $8.5 Billion Fashion Merger
The deal between Coach’s owner, Tapestry, and the parent of Michael Kors, Capri Holdings, is intended to create a U.S. luxury group to compete with the European industry giants.