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39 Result: Competition

President Biden Takes Action: New Standards for AI Safety and Security

October 30th, 2023

President Joe Biden has taken a significant step in ensuring the responsible development and management of artificial intelligence (AI) with the issuance of a landmark Executive Order. The order marks a pivotal moment in America's commitment to harne. Read more

FTC Proposes Rule to Ban Junk Fees

October 11th, 2023

Proposed rule would prohibit hidden and falsely advertised fee Washington D.C. / CRWE PRESS RELEASE / October 11, 2023 -  The Federal Trade Commission today announced a new proposed rule to prohibit junk fees, which are hidden . Read more

Breaking: UK's CMA OKs £1.2bn UnitedHealth-EMIS Deal

September 29th, 2023

The Competition and Markets Authority (CMA) has given the green light to the £1.2 billion acquisition deal between healthcare tech companies UnitedHealth Group Inc. (NYSE: UNH) and EMIS, both of which provide critical services to the UK's Natio. Read more

FTC Sues Amazon for Illegally Maintaining Monopoly Power

September 27th, 2023

Amazon’s ongoing pattern of illegal conduct blocks competition, allowing it to wield monopoly power to inflate prices, degrade quality, and stifle innovation for consumers and businesses Washington D.C. / CRWE PRESS RELEASE / September 26, 2. Read more

Breaking: European Commission Rebuffs Booking's eTraveli Deal

September 25th, 2023

The European Commission has put a halt to Booking Holdings Inc.'s (Nasdaq: BKNG) proposed acquisition of Flugo Group Holdings AB (eTraveli) under the EU Merger Regulation. This decision comes after an in-depth investigation, which revealed that th. Read more

FTC to Host Virtual Roundtable on AI and Content Creation

September 22nd, 2023

The October 4 event will focus on impact of generative AI on creative fields Washington D.C. / CRWE PRESS RELEASE / September 22, 2023 -  The Federal Trade Commission staff will be hosting a virtual roundtable discussion on October 4, 20. Read more

Intel's Wallet Takes a Hit: €376.36 Million EU Antitrust Fine

September 22nd, 2023

The European Commission has re-imposed a fine of approximately €376.36 million on Intel Corporation (Nasdaq: INTC) for anticompetitive practices in the x86 central processing unit (CPU) market dating back to 2009. These practices involved condit. Read more

UK's CMA View: Microsoft/Activision Deal Status

September 22nd, 2023

The UK's Competition and Markets Authority (CMA) has indicated that the sale of Activision Blizzard, Inc.'s (Nasdaq: ATVI) cloud gaming rights to Ubisoft Entertainment SA has substantially addressed previous concerns, potentially paving the way for t. Read more

FTC Says TruthFinder, Instant Checkmate Deceived Users About Background Report Accuracy, Violated FCRA While Marketing Reports for Employee and Tenant Screening

September 11th, 2023

Under proposed order, companies will pay $5.8 million penalty, implement FCRA monitoring program Washington D.C. / CRWE PRESS RELEASE / September 11, 2023 -  The Federal Trade Commission will require background report providers TruthFind. Read more

Administrative Law Judge Issues Initial Decision in FTC’s Case Against Intuit Inc.

September 08th, 2023

Order bars company from engaging in deceptive practices in the future Washington D.C. / CRWE PRESS RELEASE / September 8, 2023 -   In an initial decision announced today, the Federal Trade Commission’s Chief Administrativ. Read more

Biopharmaceutical Giant Amgen to Settle FTC and State Challenges to its Horizon Therapeutics Acquisition

September 01st, 2023

Amgen will be prohibited from leveraging its drug portfolio to disadvantage rivals and will be required to seek prior approval before acquiring related products Washington D.C. / CRWE PRESS RELEASE / September 1, 2023 -   The Federal Tra. Read more

FTC, State Partners Secure Proposed Order Banning Roomster and Owners from Using Deceptive Reviews

August 28th, 2023

Roomster used fake reviews, phony listings to lure consumers to its platform, according to FTC, states Washington D.C. / CRWE PRESS RELEASE / August 28, 2023 -   The Federal Trade Commission will permanently ban Roomster Corp. and its ow. Read more

Breaking: Microsoft's Reconstructed Activision Bid Under UK's CMA Examination

August 22nd, 2023

The UK's Competition and Markets Authority (CMA) has initiated a phase 1 investigation into Microsoft Corporation's (Nasdaq: MSFT) restructured deal to acquire Activision Blizzard, Inc. (Nasdaq: ATVI). This comes after the CMA previously blocked the . Read more

Breaking: UK's CMA Greenlights Broadcom’s Acquisition of VMware

August 21st, 2023

In a significant development, the UK's Competition and Markets Authority (CMA) has given its green light to Broadcom Inc.'s (Nasdaq: AVGO) ambitious $69 billion acquisition of VMware, Inc. (NYSE: VMW), following a comprehensive Phase 2 investigation.. Read more

FTC Acts to Prevent Interlocking Directorate Arrangement, Anticompetitive Information Exchange in EQT, Quantum Energy Deal

August 16th, 2023

Agency obtains innovative structural relief that preserves competition in the Appalachian Basin natural gas market following private equity-led deal Washington D.C. / CRWE PRESS RELEASE / August 16, 2023 - The Federal Trade Commission today t. Read more

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