Tag: Technology

The Federal Trade Commission authorized an action to block Illumina Inc.’s proposed $1.2 billion acquisition of Pacific Biosciences of California, alleging in an administrative complaint that Illumina is seeking to unlawfully maintain its monopoly in the U.S. market for next-generation DNA sequencing systems by extinguishing PacBio as a nascent competitive threat. The Commission vote to issue the administrative complaint and to authorize staff to seek a temporary restraining order and preliminary injunction was 5-0. On Jan. 2, 2020, the parties abandoned the transaction.

Trueface.ai settled Federal Trade Commission allegations that the company falsely claimed certification under the EU-U.S. Privacy Shield framework. 

EmpiriStat settled Federal Trade Commission allegations that the company falsely claimed certification under the EU-U.S. Privacy Shield framework. 

LotaData settled Federal Trade Commission allegations that the company falsely claimed certification under the EU-U.S. Privacy Shield framework. 

Medable settled Federal Trade Commission allegations that it falsely claimed participation in the EU-U.S. Privacy Shield framework, which enables companies to transfer consumer data legally from European Union countries to the United States.

InfoTrax, L.C. settled Federal Trade Commission allegations that the company failed to put in place reasonable security safeguards, allowing a hacker to access the personal information of more than a million consumers. 

The FTC filed a complaint in federal district court charging Qualcomm Inc. with using anticompetitive tactics to maintain its monopoly in the supply of a key semiconductor device used in cell phones and other consumer products.