On Monday, the European Union granted its approval for Microsoft’s acquisition of video game manufacturer Activision Blizzard, which is valued at $68.7 billion. The EU concluded that this deal would not hinder competition in the market for sought-after console games such as Call of Duty. Continue reading “EU approves Microsoft’s $68.7 billion Activision Blizzard acquisition”
Tag: FTC
FTC is suing Microsoft to block its $68.7 billion Activision Blizzard purchase
The U.S. Federal Trade Commission filed a complaint on Thursday to try to stop Microsoft from buying Activision Blizzard. They say that if Microsoft buys Activision Blizzard, competitors will lose access to popular games like Call of Duty, which will hurt them. Continue reading “FTC is suing Microsoft to block its $68.7 billion Activision Blizzard purchase”
TikTok agrees to settle $5.7 million FTC fine over children’s privacy law violations
Owing to the alleged children’s privacy law violations, TikTok has agreed to pay $5.7 million to settle accusations. The short-form video app is also required to get parental approval for users under 13 years of age, to comply with the federal law. All the videos that were previously uploaded by users under the age of 13 will be removed as well. Continue reading “TikTok agrees to settle $5.7 million FTC fine over children’s privacy law violations”
FTC complaint accuses Facebook of revealing sensitive health data in Groups
A complaint has been raised on Facebook with the FTC accusing the company of failing to protect sensitive health data in its groups. The complaint was released publicly earlier today and was filed in January 2019. It urges that the company improperly disclosed information on members of closed groups. Continue reading “FTC complaint accuses Facebook of revealing sensitive health data in Groups”
FTC and Facebook said to be negotiating a record multi-billion dollar fine over privacy lapses
The Federal Trade Commission and Facebook are negotiating a record multi-billion dollar fine that would settle the agency’s investigation into Facebook’s privacy practices, according to sources. This fine would mark the agency’s largest imposition on a technology company. However, two sides have not yet agreed on an exact amount. Continue reading “FTC and Facebook said to be negotiating a record multi-billion dollar fine over privacy lapses”
Federal Trade Commission rules Qualcomm must license its modem patents to competitors
The U.S. federal court in a lawsuit filed by the U.S. Federal Trade Commission (FTC), which monitors acts of commerce, ruled against Qualcomm over the alleged anti-competitive practices and abuse of FRAND patents. This means that Qualcomm must license its modem patents to competitors. Continue reading “Federal Trade Commission rules Qualcomm must license its modem patents to competitors”
FTC confirms it is investigating Facebook over privacy violations
Over the past few days, Facebook has been under a lot of pressure over Cambridge Analytica data misuse and today to dent it further, FTC (Federal Trade Commission) confirms that it is investigating Facebook over privacy violations. Tom Pahl, Acting Director of the Federal Trade Commission’s Bureau of Consumer Protection, in a statement, confirmed that it has an open non-public investigation. Continue reading “FTC confirms it is investigating Facebook over privacy violations”
Intel and Samsung file amicus brief to support FTC lawsuit against Qualcomm
Earlier in January this year US Federal Trade Commission (FTC) filed a lawsuit against Qualcomm for anti-competitive practices. Now, Intel and Samsung have filed amicus briefs with the court supporting the FTC’s lawsuit and opposing Qualcomm’s request to dismiss the case. Both the companies claim that Qualcomm uses its dominant position in the mobile processor industry to keep other players out. Continue reading “Intel and Samsung file amicus brief to support FTC lawsuit against Qualcomm”
Qualcomm sued in the US by FTC over anti-competitive practices
The US Federal Trade Commission (FTC) has filed a lawsuit against Qualcomm for anti-competitive practices relating to maintain its monopoly in the supply of a key semiconductor device used in cell phones and other consumer products.
Continue reading “Qualcomm sued in the US by FTC over anti-competitive practices”
FTC scrutinizes Apple’s App Store policies for streaming music apps
Apple’s App Store policies have come under the US Federal Trade Commission FTC’s scanner according to a latest report from Reuters. The FTC is looking at the matter after meeting with concerned parties.
Continue reading “FTC scrutinizes Apple’s App Store policies for streaming music apps”
Samsung fined by FTC for obstructing an investigation
Samsung was recently involved in a mobile phone price fixing case along with many other manufacturers like LG, etc. The Korean Fair Trade Commission (FTC) was investigating Samsung on this case and Samsung got fined 400 million for obstruction.
Continue reading “Samsung fined by FTC for obstructing an investigation”