New Delhi: The US Federal Trade Commission (FTC) has imposed a 1.5 million fine on US-based healthcare company GoodRx Holdings for sharing users’ personal health data with Facebook, Google, and other third parties without their consent, media reports said. The company operates a telemedicine platform and has a free-to-use website as well as a mobile … Read more
Santa Monica: In a first-of-its-kind enforcement, the Federal Trade Commission has imposed a $1.5 million penalty on telehealth and prescription drug discount provider GoodRx Holdings Inc. for sharing users’ personal health data with Facebook, Google and other third parties without their consent. Under a settlement, California-based GoodRx also accepted that it will be prohibited going … Read more
San Francisco: E-commerce giant Amazon is facing larger scrutiny by the US Federal Trade Commission into its latest proposed acquisitions of robot vacuum maker iRobot and 1Life Healthcare, which operates primary care provider One Medical. Amazon announced its proposed acquisition of One Medical for $3.9 billion in July and iRobot for $1.7 billion in August. … Read more
Washington: The U.S. Federal Trade Commission on Monday sued Idaho-based data broker Kochava Inc for selling geolocation data from hundreds of millions of mobile devices that could be used to track consumers. The FTC said consumer data could be used to trace people’s movements to and from sensitive locations including “reproductive health clinics, places of … Read more
The US Federal Trade Commission on Thursday sued to block US chip company Nvidia’s more than $80 billion (roughly Rs. 5,99,760 crore) planned acquisition of British chip technology provider Arm, adding to already significant global regulatory challenges of the deal. The FTC said the proposed deal would give one of the largest chip companies control over computing … Read more
The US Federal Trade Commission on Thursday sued to block US chip company Nvidia’s more than $80 billion (roughly Rs. 5,99,760 crore) planned acquisition of British chip technology provider Arm, adding to already significant global regulatory challenges of the deal. The FTC said the proposed deal would give one of the largest chip companies control over computing … Read more
US Federal Trade Commission staff presented data on Wednesday on small acquisitions by five big technology companies, and the agency scrapped guidelines on vertical mergers which combine a company with a supplier – both steps indicating plans to be tougher on deals. Following a study begun during the Trump administration, the FTC staff found that Facebook, … Read more
The US Federal Trade Commission will hold its next open meeting on September 15 to hear staff findings on deals that Big Tech firms like Facebook and Apple make which are sometimes too small to spark antitrust scrutiny, the agency said on Wednesday. The agency began holding open meetings after Chair Lina Khan was sworn in June. … Read more
The US Federal Trade Commission will hold its next open meeting on September 15 to hear staff findings on deals that Big Tech firms like Facebook and Apple make which are sometimes too small to spark antitrust scrutiny, the agency said on Wednesday. The agency began holding open meetings after Chair Lina Khan was sworn in June. … Read more
Big Tech platforms Alphabet’s Google and Facebook were hit with a series of antitrust lawsuits by the US federal government and states on charges they are operating monopolies and abusing their power. Below is the status of the cases, as well as government probes of Apple and Amazon. Two lawsuits against Facebook: In a stunning … Read more