Meta, Federal judge
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The federal government's yearslong case to label Meta a monopoly ended on Tuesday when a federal court ruled in favor of the tech giant. The ruling sets the important precedent that the current market in which a dominant firm competes is the relevant one to consider when determining whether or not it is a monopolist.
The Federal Trade Commission has introduced "My Action Plan," a new tool aimed at helping individuals avoid scams by organizing trusted contacts and company information.
The MarketWatch News Department was not involved in the creation of this content. Federal Trade Commission Chairman Andrew N. Ferguson, Assistant Attorney General Abigail Slater of the Justice Department's Antitrust Division,
Some Amazon customers who are eligible for its $2.5 billion settlement with the Federal Trade Commission have started receiving payments.
On Nov. 4, the Society of Cardiovascular Angiography and Interventions submitted comments to the Federal Trade Commission in response to the agency’s request for information on how noncompete clauses in employment contracts impact business.
What was the case about? The US Federal Trade Commission (FTC) had sued Meta, saying the company had maintained a monopoly, hurting smaller rivals. The suit was initially filed in December 2020, in conjunction with 46 states. While dismissed in June 2021 ...