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FTC

Twitter fined $150m for selling data

Twitter has been hit with $150m (£139.9m) fine in the US after law enforcement officials accused the accused social media platform of illegally using users’ data to help sell targeted ads. Court documents revealed that The Federal Trade Commission (FTC) and the Department of Justice said Twitter violated an agreement it had with regulators; Twitter […]

May 30, 2022

FTC OKs Amazon’s MGM buy

Amazon has closed its $8.5 billion (€7.6bn) acquisition of film studio Metro-Goldwyn-Mayer (MGM) after Federal Trade Commission (FTC) passed the deal. European Union regulators signed off on the MGM deal after finding it posed no competition problems. In the US, the deadline for the FTV to challenge passed without the agency taking action. The FTC […]

March 17, 2022

Broadcom hit with FTC monopoly charge

The US’s Federal Trade Commission (FTC) has issued a complaint charging Broadcom with illegally monopolising markets for semiconductor components used to deliver television and broadband Internet services through exclusive dealing and related conduct. The Commission has also issued a proposed consent order that would settle the Commission’s charges. Under the consent order, Broadcom must stop […]

July 5, 2021By Colin Mann