Advocacy group, Consumer Watchdog has alleged that Amazon’s deceptive pricing strategy is making the prices of its products look like a bargain. It has asked the FTC to stop Amazon’s acquisition of Whole Foods while its deceptive discount continues. According… Read More ›
FTC
Misrepresentation of data privacy measures by companies likely to attract lawsuits from the FTC
Lawsuits are likely to follow in the wake of the global ransomeware attack. According to legal experts, businesses which failed to update their Microsoft Windows-based operating system, could be sued over lax cyber security practices, although Microsoft Corp by itself… Read More ›
California’s 9th U.S. Circuit Court of Appeals to rehear AT&T’s data throttling speed lawsuit
If the FTC were to win this lawsuit, it would have wide-ranging implications for internet service providers. In an interesting turn of events, a U.S. court appeals in California has ruled that it will re-hear U.S. government claims that AT&T… Read More ›
FTC catches Mallinckrodt Pharmaceuticals doing the Martin Shkreli act
Mallinckrodt Pharmaceuticals was caught raising prices of medicines for infants of less than a year old to skyrocketing prices. Mallinckrodt Pharmaceuticals, a drug manufacturer, has settled a lawsuit for $100 million with the US Federal Trade Commission (FTC) for having… Read More ›
Boehringer Ingelheim and Sanofi agrees to divesture proposals to streamline their deal
Without this divesture, there is likely to be reduced competition among vaccine manufacturers in the U.S. and EU. The divesture is key to their $13.5 billion deal. So as to streamline Boehringer Ingelheim acquisition of Sanofi, the German pharmaceutical maker… Read More ›