Lina Khan, who until Monday was an aggressive enforcer of antitrust law as the head of the U.S. Federal Trade Commission (FTC) under former President Joe Biden, will resign from the commission in the coming weeks,
A staff report released Friday by the FTC suggested partnerships between OpenAI and Microsoft, and Amazon and Anthropic, raise antitrust concerns.
The commission noted that the investment may extend Microsoft's dominance in cloud computing into the emerging AI market.
Seattle-based Amazon.com Inc. said the FTC is “wrong on the facts and the law” and had departed from its role of protecting consumers and competition. “If the FTC gets its way, the result ...
The FTC also alleges that Amazon is charging its sellers exorbitant fees, in many cases close to 50 percent of their revenue: “These fees harm not only sellers but also shoppers, who pay increased prices for thousands of products sold on or off Amazon,” the FTC argued in its filing.
Filing details $400 million license for smart robot system and claims retail giant’s “reverse acquihire” contract limits competition and merits antitrust scrutiny.
The Federal Trade Commission said in a staff report issued Friday that there are potential competitive issues in partnerships between big tech companies
Lina Khan, who was tapped by President Joe Biden to lead the FTC, is set to be replaced by President-elect Donald Trump’s pick Andrew Ferguson.
The U.S. Federal Trade Commission (FTC) on Friday found that the partnerships between Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN) and Alphabet's (NASDAQ:GOOGL)(NASDAQ:GOOGL) Google with OpenAI ...
In a complaint filed Wednesday, the FTC alleged that since 2018, GoDaddy has failed to implement reasonable and appropriate security measures to protect and monitor its website-hosting environments for security threats and misled customers about the extent of its data security protections on its website hosting services.
Lina Khan, who until Monday was an aggressive enforcer of antitrust law as the head of the U.S. Federal Trade Commission under former President Joe Biden, will resign from the
The pendulum is fast moving back in favour of business as the incoming US president fills the world’s most powerful economic roles.