‘Fortnite’ maker Epic Games to pay $520 million in record-breaking FTC settlement

CNN  —  Epic Games, maker of the hit video game “Fortnite,” has agreed to pay a total of $520 million to settle US government allegations that it misled millions of…

FTC looks to block Microsoft’s blockbuster acquisition of Activision Blizzard

Washington CNN  —  The Federal Trade Commission on Thursday sued to block Microsoft’s $69 billion acquisition of Activision Blizzard, challenging one of the largest tech acquisitions in history. The administrative…

Musk’s Twitter may have already violated its latest FTC consent order

CNN  —  Just two weeks into Elon Musk’s ownership of Twitter, the company may have already violated its consent agreement with the Federal Trade Commission, legal experts said. If proven,…

FTC probes Amazon’s $1.7 billion acquisition of Roomba maker iRobot

On Monday, the FTC requested more information from both companies about the $1.7 billion deal, according to an investor filing from iRobot, in what’s known as a “second request” and…

Amazon’s Bezos, Jassy must testify in FTC investigation

Washington CNN Business  —  Amazon founder Jeff Bezos and CEO Andy Jassy must testify in an ongoing Federal Trade Commission probe into whether the company misled people into subscribing to…

FTC sues data broker Kochava for selling location information that could unmask abortion-seekers

Monday’s suit targets Kochava, a marketing data company that lists major brands including Disney, McDonald’s and Hilton among its clients. The FTC complaint alleges that Kochava failed to protect consumers…

FTC drops Mark Zuckerberg from lawsuit seeking to block Meta’s latest VR acquisition

Zuckerberg will no longer be a named defendant in the suit, according to a joint court filing by Meta and the FTC dated Tuesday. As part of the agreement, Zuckerberg…

Amazon accuses the government of harassing Jeff Bezos and Andy Jassy, revealing vast scope of FTC probe

CNN Business  —  Amazon is fighting the US government’s attempt to question its founder, Jeff Bezos, and its CEO, Andy Jassy, as part of a year-long investigation into whether the…

F.T.C. Chair Lina Khan Upends Antitrust Standards by Suing Meta

WASHINGTON — Early in her tenure as chair of the Federal Trade Commission, Lina Khan declared that she would rein in the power of the largest technology companies in a…

F.T.C. Sues to Block Meta’s Virtual Reality Deal as It Confronts Big Tech

WASHINGTON — The Federal Trade Commission on Wednesday filed for an injunction to block Meta, the company formerly known as Facebook, from buying a virtual reality company called Within, potentially…