Products and Services
Retailers are losing $100 billion a year from return fraud, bots and coupon stacking, study says
Oscar Wong | Getty Images For the last three years, Robert has used a different email address to take advantage of a Black Friday Hulu promotion that most recently offered new customers a yearlong subscription for just $1.99 a month instead of the usual $7.99 monthly cost. The social media manager has used similar tricks […]
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Google engaged in a monopolistic opinions loop to retain lookup dominance, DOJ alleges in 1st day of demo
Jonathan Kanter, Assistant Legal professional Common for the Antitrust Division at the Section of Justice, arrives at federal courtroom on September 12, 2023 in Washington, DC. Kevin Dietsch | Getty Images Google pays billions of pounds to make confident its search motor operates by default on online browsers and telephones, feeding a cycle that pumps […]
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What to assume when Google faces the DOJ in the initially significant tech monopoly trial in a long time
Google CEO, Sundar Pichai (: and Jonathan Kanter, assistant attorney common of antitrust for the US Office of Justice (R). Getty Visuals The largest tech monopoly trial since the Office of Justice challenged Microsoft additional than 20 several years ago is established to start out on Tuesday, kicking off a new chapter of anti-monopoly enforcement […]
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FTC’s major swing at Amazon expected as quickly as this month, experiences say
Federal Trade Commission (FTC) Chair Lina Khan testifies right before a Residence Judiciary Committee listening to on “Oversight of the Federal Trade Fee,” on Capitol Hill in Washington, July 13, 2023. Kevin Wurm | Reuters In Lina Khan’s two a long time helming the Federal Trade Fee, her title has been most connected with a […]
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The FTC cleared Amgen’s $27.8 billion Horizon buyout — here’s what it means for other massive pharma deals
Robert Galbraith | Reuters The Federal Trade Commission last week allowed Amgen to move forward with its $27.8 billion acquisition of Horizon Therapeutics under a settlement agreement – a move that could have ramifications for a string of other pharmaceutical industry buyouts. Some Wall Street analysts said the FTC’s decision allows the sector to breathe […]
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FTC allows Amgen to move forward with $27.8 billion Horizon Therapeutics acquisition
The Amgen logo is displayed outside Amgen headquarters on May 17, 2023 in Thousand Oaks, California. Mario Tama | Getty Images The Federal Trade Commission on Friday said it has reached a deal with drug giant Amgen to allow the company’s $27.8 billion purchase of Horizon Therapeutics to move forward. The FTC filed a lawsuit […]
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Altria Group sues Juul over e-vapor patent infringement
A pedestrian walks by an advertisement for Juul on the door of a smoke shop in New York. Scott Mlyn | CNBC Marlboro maker Altria Group said Tuesday its subsidiary NJOY has sued Juul Labs — the e-cigarette company it once held significant stake in — over patent infringement of certain e-vapor products. In a […]
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Amazon AI scammers blew millions on Lake Como wedding and cars and trucks, FTC alleges
Lake Como in northern Italy’s Lombardy location. Westend61 | Westend61 | Getty Illustrations or photos John and Roman Cresto built millions of dollars advertising them selves as e-commerce “authorities” who could educate typical consumers and traders the secret to promoting achievement on Amazon and Walmart, for a price. They splashed lavish vacations and substantial-finish cars […]
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Recalled products linked to more than 100 infant deaths still for sale on Facebook, lawmakers say
Recalled baby products linked to more than 100 infant deaths are still widely sold on Facebook Marketplace despite thousands of requests from federal regulators to take down the items, four members of Congress said. In a letter sent Friday to Meta CEO Mark Zuckerberg, the lawmakers said the Boppy lounger, which was recalled in 2021, […]
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Amazon axes some non-public label manufacturers as part of broader value cuts
Amazon workers type deals for shipping in New York, July 12, 2022. Michael M. Santiago | Getty Visuals Information | Getty Visuals Amazon is chopping some of its personal label makes as component of a broader effort and hard work to rein in costs, the corporation verified to CNBC. In addition to the myriad of […]
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