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Federal Trade Commission

US FTC Argues Microsoft’s Deal to Acquire Activision Should Be Temporarily Blocked

by Maya Ortiz
US FTC Argues Microsoft’s Deal to Acquire Activision Should Be Temporarily Blocked

The US Federal Trade Commission on Thursday argued in federal court for a preliminary injunction to temporarily block Microsoft’s acquisition of videogame maker Activision Blizzard. “If this deal is completed, …

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ChatGPT’s OpenAI faces probe over consumer protection laws

by Maya Ortiz
ChatGPT’s OpenAI faces probe over consumer protection laws

ChatGPT maker OpenAI is facing an investigation by the Federal Trade Commission (FTC) over possible violations of consumer protection laws. The action marks the toughest scrutiny of Microsoft-backed OpenAI since …

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Illumina hit with record EU fine over Grail deal

by Anas Siddiqui
Illumina hit with record EU fine over Grail deal

Rafael Henrique | Lightrocket | Getty Images European Union regulators on Wednesday fined Illumina a record 432 million euros ($476 million) for closing its acquisition of cancer test developer Grail …

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Extending Vehicle Warranty Call Company Fined $6.6 Million

by Horatio Thompson
Extending Vehicle Warranty Call Company Fined .6 Million

We have all answered the phone and the voice of the other end says something like “We are calling about your vehicle’s warranty.” It can be one more annoying spam calls, …

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