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Amazon just won a partial victory against FTC
Amazon just won a partial victory against the FTC
In September 2023, the
FTC
sued Amazon for stifling competition by punishing vendors who sell their items cheaper on rival platforms and for forcing sellers to use Amazon's own fulfillment service. The competition watchdog started investigating Amazon in ...
Federal Court Partially Dismisses FTC's Antitrust Lawsuit Against Amazon
Amazon.com Inc. won a partial dismissal of a lawsuit filed by the U.S. Federal Trade Commission (FTC) alleging that it maintained illegal monopolies in online marketplaces. The decision by a federal court in Seattle
Amazon wins partial dismissal of US antitrust lawsuit
Amazon.com Inc won partial dismissal of a U.S. Federal Trade Commission lawsuit accusing it of maintaining illegal monopolies, though the details of the ruling by a federal court in Seattle on Monday were not immediately clear.
FTC Clears Chevron-Hess Merger
Hess CEO disqualified from Chevron board in merger, FTC Says
The US antitrust regulator will allow Chevron Corp. to proceed with its $53 billion acquisition of Hess Corp. on the condition Chief Executive Officer John Hess is barred from the supermajor’s board, alleging he improperly communicated with OPEC.
US FTC Allows Chevron-Hess Deal, Bars John Hess From Board
NEW YORK (Reuters) -The U.S. Federal Trade Commission allowed Chevron's $53 billion purchase of Hess Corp on Monday, in an order that barred Hess CEO John Hess from Chevron's board. The FTC's order leaves Exxon Mobil's challenge to the deal, which is expected to stretch deep into next year, as its final hurdle.
FTC clears Chevron-Hess deal, bans John Hess from board
The FTC on Monday alleged that John Hess encouraged OPEC representatives to take action that supports higher oil prices. Hess Corp. and Chevron have agreed that they will not appoint Hess to the board in order to facilitate the completion of the merger.
7h
on MSN
Wall Street Bets on $8.5 Billion Fashion Deal’s Fate in FTC Case
US antitrust enforcers’ legal battle to kill an $8.5 billion deal marrying Tapestry Inc.’s Coach and Kate Spade brands with ...
17h
The FTC's trial to block the Tapestry-Capri merger heads to closing arguments
Stay informed on the high-end apparel sector as the FTC trial for the Tapestry and Capri Holdings merger unfolds.
18h
Trump, Harris Might Alter DOJ, FTC Enforcement in Counterintuitive Ways
"It's not a given that a Harris presidency would mirror the Biden administration's aggressive approach to antitrust, said ...
POWER Magazine
9h
FTC Green Guides: The Growing Scrutiny on ‘Clean’ Natural Gas Claims
In an era of increasing environmental awareness, companies, particularly those in the energy sector, face heightened scrutiny ...
SCNow
14h
FTC not hosting McLeod for Health Florence Open this year, tournament may not return
The McLeod for Health Florence Open tournament, a $25,000 U.S. Tennis Association Pro Circuit event, will not be held at the ...
10h
on MSN
FTC Warns of Oil-Patch Collusion. Energy Executives See Political Smear.
The agency accuses John Hess of improper talks with OPEC and will block him from joining the board of Chevron, which is ...
9h
Capri Stock Jumps as FTC Hearing Sparks Some Optimism on Tapestry Deal
Judge Jennifer Rochon seemed to be looking for a clearer definition of accessible luxury than the government was offering.
1d
on MSN
FTC Chair Lina Khan sees parallels in Kamala Harris’s record and the regulator’s work
"If you’re not enforcing antitrust, you’re allowing decades of consolidation that can create inflationary spikes more readily ...
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