Us Ftc News Today

The antitrust cop says that the more than 300 patent listings stall generic competition, keeping prices high for diabetes drugs, inhalers and more.

The FTC’s inquiry will help the agency deepen enforcers' understanding of the investments and partnerships formed between generative AI developers and cloud service providers. �� GenAI Investments: US FTC Probing Microsoft, Google and Others, Issues Order To Provide Information About Their Investment in GenAI Companies Like OpenAI and Anthropic.

The complaint, filed in the U.S. District Court for the District of Arizona, targets Grand Canyon Education Inc (GCE), the universitys CEO, and the university itself. The FTC alleges that the university misled potential doctoral students regarding the costs and course requirements of its doctoral programs, while also misrepresenting its status as a nonprofit.

US FTC: The rule could fundamentally change how millions of Americans buy vehicles annually by requiring up-front pricing in dealers advertising and sales discussions, and bars the sale of any add-on product or service that confers no benefit to consumers. In a rule finalized on Tuesday that was first announced in 2022, the FTC said it had been concerned about dealers that allegedly targeted young men and women in the military.

The U.S. Federal Trade Commission is examining the nature of Microsofts investment in ChatGPT maker OpenAI, and whether it may violate antitrust laws, Bloomberg News reported on Friday, citing a person familiar with the matter.

Amazon, which has 1 billion items in its online superstore, created a "secret algorithm internally code named Project Nessie to identify specific products for which it predicts other online stores will follow Amazons price increases. ... Amazon used Project Nessie to extract more than a billion dollars directly from Americans pocketbooks," the FTC said.

The lawsuit marks the latest US government action aimed at breaking Big Techs dominance of the internet.It had been expected after years of complaints that Amazon.com and other tech giants abused their dominance of search, social media and online retailing to become gate keepers on the most lucrative aspects of the internet.

International Business News: The US Federal Trade Commission on Tuesday filed a long-awaited antitrust lawsuit against Amazon.com, days after similar lawsuits were filed against A

Last month, SoftBank signed a deal to buy the 25% stake it did not already own in Arm from its $100 billion Vision Fund, enabling it to sell fewer Arm shares in the IPO.

UPDATE 1-FTC may file suit against Amazon later this month - WSJ