As the Federal Trade Commission prepares to face off in court against Meta over a V.R. start-up deal, the agency is testing a novel argument as part of a strategy to push antitrust law.
Category: Law and Legislation
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State Tax Cut Policies Prop Up Income, Fanning Inflation Worries
The New York Times – Business:Efforts around the country to ease the pain of rising prices have given consumers more money to spend, which could paradoxically further drive up prices.
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Two Fintech Companies Fueled Extensive PPP Loan Fraud, House Report Finds
The New York Times – Business:Executives at Womply and Blueacorn, which facilitated millions of Paycheck Protection Program loans, flouted rules and themselves collected improper loans, investigators said.
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What to Know About Biden’s and Congress’s Involvement in the Rail Strike
The New York Times – Business:President Biden called on Congress to pass legislation to head off a holiday-season rail strike, warning that a disruption to service could cause dire economic damage.
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California Panel Sizes Up Reparations for Black Citizens
The New York Times – Business:The state is undertaking the nation’s most ambitious effort so far to compensate for the economic legacy of slavery and racism.
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Some Rail Workers, Seeking Sick Days, Say Biden Betrayed Them
The New York Times – Business:The request for Congress to impose contract terms that several unions had rejected rankled rank-and-file members who had rallied behind the president.
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Is Spreading Medical Misinformation a Doctor’s Free Speech Right?
The New York Times – Business:Two lawsuits in California have pre-emptively challenged a new law that would punish doctors for misleading patients about Covid-19.
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Congressional Leaders Say They Will Act to Prevent Rail Strike
The New York Times – Business:President Biden said that the prospect of a strike next month had put the U.S. economy “at risk.”
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Inside Gary Gensler’s SEC Campaign to Rein In the Crypto Industry
The New York Times – Business:Gary Gensler, the chair of the S.E.C., is at the center of a reckoning over the future of cryptocurrency after the implosion of FTX.
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How a Lobbying Blitz Made Sports Betting Ubiquitous
The New York Times – Business:The gambling industry and its allies got their way with lawmakers after showering them with donations, gifts and dubious arguments.