Displaying 1 - 20 of 605
Facebook, Inc., FTC v. (FTC v. Meta Platforms, Inc.)
The Federal Trade Commission has sued Facebook, alleging that the company is illegally maintaining its personal social networking monopoly through a years-long course of anticompetitive conduct. The complaint alleges that Facebook has engaged in a systematic strategy—including its 2012 acquisition of up-and-coming rival Instagram, its 2014 acquisition of the mobile messaging app WhatsApp, and the imposition of anticompetitive conditions on software developers—to eliminate threats to its monopoly. The Commission vote to authorize staff to file for a permanent injunction and other equitable relief in the U.S. District Court for the District of Columbia was 3-2. Commissioners Noah Joshua Phillips and Christine S. Wilson voted no.
To view the FTC v. Meta trial exhibits, click here. Please note there is a two-business day delay in uploading exhibits.
Caremark Rx, Zinc Health Services, et al., In the Matter of (Insulin)
The FTC filed a lawsuit against the three largest prescription drug benefit managers (PBMs)—Caremark Rx, Express Scripts (ESI), and OptumRx—and their affiliated group purchasing organizations (GPOs) for engaging in anticompetitive and unfair rebating practices that have artificially inflated the list price of insulin drugs.
FTC Approves Final Order Requiring Building Service Contractor to Stop Enforcing a No-Hire Agreement
FTC Launches Joint Labor Task Force to Protect American Workers
Agency Information Collection Activities; Proposed Collection; Comment Request (Single-Family Rental Investors)
Statement of Chair Lina M. Khan and Commissioner Alvaro M. Bedoya In the Matter of Non-Alcoholic Beverages Price Discrimination Investigation
PepsiCo Inc., FTC v.
FTC Sues PepsiCo for Rigging Soft Drink Competition
Guardian Service Industries, Inc., In the Matter of
The Federal Trade Commission ordered building services contractor Guardian Service Industries, Inc. (Guardian) to stop enforcing a no-hire agreement that prohibits building owners and managers from hiring Guardian’s employees. In a complaint filed against Guardian, the FTC alleges that Guardian—which operates in New York and New Jersey—includes no-hire agreements in its customer service agreements with residential building owners. These agreements prohibit building owners and competing building service contractors from hiring Guardian’s employees.