Federal Trade Commission

FTC Votes in Favor of Ban Against Noncompete Agreements That Prevent Employees From Working for Competitors

FTC Votes in Favor of Ban Against Noncompete Agreements That Prevent Employees From Working for Competitors

The FTC has voted in favor of a nationwide ban against noncompete agreements.

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FTC Sues to Block $8.5 Billion Merger of Coach and Michael Kors Handbag Makers

FTC Sues to Block $8.5 Billion Merger of Coach and Michael Kors Handbag Makers

The Federal Trade Commission (FTC) has taken legal action to block Tapestry's $8.5 billion acquisition of Capri Holdings Limited, the parent company of Michael Kors.

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DOUNIAMAG-ITALY-FASHION-LUXURY-VERSACE

FTC Eyes Lawsuit to Block the Merger of Two Top Fashion Companies Worth $8.5 Billion

The Federal Trade Commission (FTC) is reportedly gearing up to oppose Tapestry Inc.'s proposed $8.5 billion acquisition of Capri Holdings Ltd. Tapestry, known for brands like Coach and Kate Spade, aims to merge with Capri, which owns Michael Kors and Versace.

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TikTok Now Targeted by FTC Over Data and Security Practices

TikTok Now Targeted by FTC Over Data and Security Practices

TikTok is facing another setback after the Federal Trade Commission (FTC) reportedly launched a probe into the social media platform's data and security practices.

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FTC Launches Probe Into Reddit's AI Data-Licensing Practices Ahead of IPO

FTC Launches Probe Into Reddit's AI Data-Licensing Practices Ahead of IPO

The Federal Trade Commission (FTC) has initiated a probe into Reddit's data-licensing practices related to the training of artificial intelligence (AI) systems.

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FTC to Investigate AI Deals of Tech Giants Microsoft, Amazon, and Google

FTC to Investigate AI Deals of Tech Giants Microsoft, Amazon, and Google

The Federal Trade Commission (FTC) has initiated an inquiry into the substantial investments made by tech giants Microsoft, Amazon, and Google in AI startups like OpenAI and Anthropic.

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Essendant to buy contract business from Staples and Office Depot

Essendant signed a deal to purchase office supply contract business from Staples and Office Depot. The acquisition assets worth over $550 million will enable Essendant to compete nationally.

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University of Phoenix under FTC scrutiny for possible unfair business practices

Since 2009, the University of Phoenix has received $488 million from its online programs that are popular to military veterans with GI Bill benefits. The Federal Trade Commission is investigating the University for unfair and deceptive practices involving veteran students.

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20 states join U.S. antitrust probe of Family Dollar merger

Some 20 state attorneys general have joined the federal antitrust investigation of competing bids by Dollar General Corp (DG.N) and Dollar Tree Inc (DLTR.O) to buy Family Dollar Stores Inc (FDO.N), a development that potentially complicates the companies' efforts to win U.S. approval for a deal.

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Sysco, US Foods must narrow gap with rival to clear merger -analysts

The proposed merger of Sysco Corp (SYY.N) and US Foods Inc [USFOO.UL] hinges on the top two U.S. food companies helping to turn a far smaller rival into a national player to ease antitrust concerns, but the gap may be too big, analysts said.

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Family Dollar to delay shareholder vote on Dollar Tree deal

Family Dollar Inc (FDO.N) will delay a shareholder vote on the potential acquisition by Dollar Tree Inc (DLTR.O), CNBC said, citing sources. Family Dollar will start the shareholder meeting and then adjourn it, CNBC said.

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Top Herbalife salesman acknowledges high failure rate in video

A top Herbalife salesman said that most people who sell the company's weight loss and nutrition products are doomed to fail, adding fresh grist to accusations by a hedge fund manager that the company is a fraud.

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Sysco close to asset sale to win antitrust nod for US Foods deal

Sysco Corp (SYY.N), the biggest U.S. food distributor, is in advanced talks to sell some assets to a food company owned by Blackstone Group (BX.N) in order to win regulatory approval for its acquisition of US Foods Inc [USFOO.UL], the New York Post reported, citing sources.

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U.S. sues AT&T over alleged 'data throttling' on phone plans

The U.S. government sued AT&T Inc (T.N) on Tuesday, alleging the No. 2 U.S. wireless carrier sold consumers unlimited data plans but would reduce their Internet speeds once they exceeded a certain amount of data.

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Herbalife hires former U.S. regulator to head compliance team

Herbalife Ltd, the marketer of weight-management products, energy drinks and nutrition supplements that has come under investigation by the Federal Trade Commission as well as other agencies, has hired a former FTC official as its chief compliance officer.

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