Federal Trade Commission

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened: On Feb. 14, 1903, under the Roosevelt administration, Congress established the U.S. Department of Commerce and Labor. Where The Market Was: The S&P 500 had started the...

The Federal Trade Commission (FTC) is calling on nine major retailers, wholesalers and consumer good suppliers for information on the depth and scope of supply chain disruptions and their impact on consumers and the wider economy. What Happened: The FTC’s order comes under Section 6(b) of the...

Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment. This week, the duel is between two companies in the aerospace industry: Aerojet Rocketdyne Holdings Inc. (NYSE: AJRD) and Maxar Technologies...

The Federal Trade Commission is investigating whether Facebook Inc. (NASDAQ: FB) intentionally withheld information regarding the health effects from its products. What Happened: The FTC is trying to determine if Facebook violated its record-breaking $5 billion settlement with the agency in 2019,...

The Federal Trade Commission will disclose their conclusions on the tech platforms' business deals that were sometimes too small to prompt antitrust review, Reuters reports. The FTC will hear about Big Tech acquisitions done between 2010 and 2019. The tech companies involved include ...

The Federal Trade Commission is working with McDonald’s Corp. (NYSE: MCD) franchisees in an ongoing probe on why the fast-food chain’s McFlurry ice cream machines keep breaking down. What Happened: The Wall Street Journal, citing an FTC letter to franchisees and input from unnamed...

The U.S. Federal Trade Commission chastized Facebook Inc (NASDAQ: FB) for unfairly justifying the disabled accounts of researchers citing FTC requirement, Reuters reports. Earlier this week, Facebook blocked the personal accounts and access of the New York University researchers...

In 2012, Facebook Inc (NASDAQ: FB) held its highly anticipated initial price offering with the company valued at around $100 billion. Less than 10 years later, the company is now valued at over $1 trillion. What Happened: On Monday afternoon, Facebook's stock passed the $1 trillion market...

Joe Biden has appointed 32-year-old Columbia University Law School professor and a prominent Big Tech critic Lina Khan as the Federal Trade Commission (FTC) chair, insinuating aggressive enforcement of U.S. antitrust and consumer-protection laws, the Financial Times reported. What Happened:...

Bill Gates is well-known as the co-founder of Microsoft Corporation (NASDAQ: MSFT). The entrepreneur is also a huge philanthropist creating the Bill and Melinda Gates Foundation in 2000 to help spread technology and medical advancements around the world and reduce poverty. Here are five things you...

The U.S. Supreme Court issued a unanimous ruling that significantly limits the ability of the Federal Trade Commission (FTC) to enable monetary relief for consumers from companies that are charged with using deceptive practices. What Happened: The ruling involved the case of AMG Capital Management...

President Joe Biden has nominated legal scholar and technology industry critic Lina Khan to become the next commissioner of the Federal Trade Commission.  What Happened: London-born Khan first gained national prominence in 2017 as a Yale University law student when she authored the paper...

The Federal Trade Commission is asking social media companies to provide information on their policies related to the data collection and usage of a user's personal data. What Happened: The federal authority sent an order to nine technology companies seeking information on data...

Twitter Inc (NYSE: TWTR) revealed Monday the United States Federal Trade Commission could impose a fine of up to $250 million on the social media company for allegedly using private user information for targeted advertising. Twitter Violated User Privacy, Complaint Says The Jack Dorsey-...

Class I railroads' discussions about setting local and interline rates can be included as evidence in dozens of shippers' lawsuits over price fixing in the 2000s, various federal agencies have concluded. Attorneys with the U.S. Department of Justice, speaking on behalf of itself, the Federal Trade...