Organisation: Federal Trade Commission (USA)

FTC challenges non-competes under Section 5

For the first time in its history, the Federal Trade Commission has sued to prevent three companies from enforcing non-compete agreements because the contractual terms allegedly violate Section 5 of the FTC Act.

05 January 2023

FTC blinded by scepticism of Big Tech deals, Microsoft/Activision allege

The Federal Trade Commission has betrayed the underpinnings of antitrust law by pursuing an injunction against Microsoft’s $68.7 billion acquisition of video game developer Activision Blizzard, the merging companies have argued.

04 January 2023

Meta/Within survey critiques are a “smokescreen”, FTC says

Meta Platforms and Within Unlimited are attempting to overshadow the Federal Trade Commission’s well-supported evidence by attacking a survey from its hired economic expert, the agency has said.

04 January 2023

Merger filings down 40% in 2022, analysis finds

The US antitrust agencies received 40% fewer merger fillings last year in comparison to record-breaking figures from 2021, according to an analysis by White & Case.

04 January 2023

Senate omnibus spending package includes extra funding for agencies

The US Senate has advanced a spending bill that would increase merger filing fees, prevent the transferring of lawsuits brought by state attorneys general and increase funding for the US antitrust agencies.

21 December 2022

Microsoft/Activision could suppress workers’ wages, lawsuit alleges

Microsoft’s proposed $68.7 billion purchase of Activision Blizzard will harm competition in more than just the high-end gaming console market and could depress wages for “top talent” in the industry, a group of video game purchasers has said.

21 December 2022

Delrahim criticises merger enforcement under Biden administration

The former head of the US Department of Justice’s antitrust division has criticised the Federal Trade Commission for withdrawing the 2020 vertical merger guidelines and condemned the country’s merger review process for being hampered by delays and uncertainty.

20 December 2022

Nevo welcomed as FTC chief economist

Aviv Nevo’s appointment as head of the Federal Trade Commission’s economics department could help the agency adjust its precarious record in litigating mergers, although a lack of new legislation could hamper his effectiveness, antitrust experts have said.

19 December 2022

Judge sceptical of Meta’s weakness claims

Meta Platforms does not have the in-house capacity to build a successful virtual reality fitness app, its vice president of VR has testified.

19 December 2022

Judge queries why Within sold to Meta

A federal judge has probed Within Unlimited’s president on why the virtual reality company chose not “stay in the game” as he presides over the Federal Trade Commission’s bid to block its sale to Meta Platforms.

15 December 2022

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