PYMNTS

OCTOBER 4, 2020

A 14-page report Facebook lawyers prepared in advance of a potential antitrust lawsuit from the government found such action would hurt users, be contrary to established law and cost billions of dollars, WSJ reported after seeing the document. A ‘breakup’ of Facebook is thus a complete nonstarter,” the document stated, according to WSJ.

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PYMNTS

NOVEMBER 19, 2020

Facebook could soon be staring down a lawsuit as the Federal Trade Commission and numerous states attorneys general finish up one or more antitrust cases against the social media giant, Reuters reports.

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Federal Trade Commission FTC Privacy Laws 92

PYMNTS

MAY 8, 2019

Federal Trade Commission (FTC) is eyeing tighter scrutiny of small business lending practices as Commissioner Rohit Chopra calls on the regulator to combat predatory SMB loan contracts, reports in Bloomberg said on Wednesday (May 8). Chopra spoke at an agency forum in Washington, D.C.,

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FTC Federal Trade Commission Small Business Regulations 60

PYMNTS

MAY 19, 2020

million to settle allegations that they laundered credit card transactions for scams targeting hundreds of thousands of consumers, the Federal Trade Commission (FTC) said on Tuesday (May 19). Payments processing giant First Data Merchant Services and one of its executives will pay $40.3

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PYMNTS

JUNE 12, 2019

The emails came to light during the ongoing federal probe by the Federal Trade Commission (FTC). Facebook has been functioning under a consent decree it agreed to with the FCC in 2012, after a scandal with Cambridge Analytica regarding data privacy.

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PYMNTS

FEBRUARY 18, 2019

We are open to meaningful regulation and support the committee’s recommendation for electoral law reform,” Reuters quoted Palant as saying. Google in 2012 paid $22.5 His comments came following calls by lawmakers in the U.K. million to the FTC to settle an inquiry into how it handles data.

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Regulations Federal Trade Commission FTC Privacy 53

PYMNTS

JUNE 5, 2017

Hertz and Dollar Thrifty did it in 2012, and Hertz was required to sell its Advantage Rent-a-Car brand. Dollar Express obtained Federal Trade Commission approval to go out of business in April and is now liquidating its stores, leaving 3,000 employees without a job.

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Federal Trade Commission Laws Regulations 40