1. Under the Trump administration, the FTC will likely loosen scrutiny on mergers and acquisitions, according to Bloomberg Law. The FTC has killed a number of corporate mergers over the last four ...
Lyft Inc. made “deceptive” earnings claims about how much money drivers could expect to make per hour and how much they could earn in special incentives, the Federal Trade Commission said ...
Lyft LYFT0.03%increase; green up pointing triangle agreed to pay a $2.1 million civil penalty to resolve a lawsuit brought by the Federal Trade Commission that accused the company of using ...
As documented in the FTC’s complaint document, Lyft systematically inflated the incomes it advertised to drivers it was attempting to recruit in 2021 and 2022. For instance, in LA it suggested ...
Bloomberg Law reported that the Biden Administration’s FTC and Justice Department antitrust division set a record for merger enforcement activity in 2022 ... reached the “point of brand ...
Although this deal is unlikely to survive an FTC challenge on antitrust grounds ... worth of stock in fiscal 2022 and 2023. Repurchases have been put on hold during the proposed merger process.
"Antitrust has come into fashion," the judge wrote as she sided with the FTC, which argued the merger ... testified his handbag line had reached a point of "brand fatigue" and needed the merger ...
This week, the FTC finalized a “click-to-cancel” rule ... In many cases, of course, that’s precisely the point: to wear you down and keep taking your money, month after month.
Cable lobby group NCTA-The Internet & Television Association and the Interactive Advertising Bureau trade group sued the FTC in the conservative US Court of Appeals for the 5th Circuit.
Three industry groups, the NCTA, the Electronic Security Association (ESA), and the Interactive Advertising Bureau (IAB), are suing to prevent the Federal Trade Commission (FTC) from enforcing its ...
The FTC declined to comment. Under the rule, which passed Oct. 16, businesses must get consent for subscriptions, auto-renewals and free trials that convert to paid memberships. Canceling the ...
The cancellation method must be "at least as easy to use" as the sign up process. FTC Chair Lina Khan said in an interview that the rule is an overdue response to a rising number of consumer ...