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by DAVID MCGARRY at nationalreview.com The Department of Justice (DOJ) and the Federal Trade Commission (FTC) regulators are in anti-monopoly litigation against Meta, Google, and Amazon. In an effort to leave no one out, Joe Biden’s antitrust enforcers have sued yet another American technology giant: Apple. The DOJ has put together an 88-page complaint, but quantity is not the […]
by Katy Grimes at californiaglobe.com The Federal Trade Commission announced in late February it had filed a lawsuit to block the largest proposed supermarket merger in U.S. history—Kroger Company’s $24.6 billion acquisition of the Albertsons Companies, Inc., alleging that the deal is anticompetitive. The “Largest supermarket merger in U.S. history will eliminate competition and raise grocery prices […]
via cnbc.com Artificial intelligence tools and sophisticated technology are making it harder for consumers to spot scams. Fraud cost U.S. consumers more than $7 billion during the first three quarters of 2023, according to the Federal Trade Commission. Those figures are up 5% compared to the same period in 2022. “Fraud is at a crisis level […]