PYMNTS
OCTOBER 4, 2020
While the transactions were approved by regulators, some Capitol Hill lawmakers have raised antitrust concerns and urged the Federal Trade Commission (FTC) to break up the company and its subsidiaries. That’s a question that wasn’t considered when the FTC chose not to oppose the Instagram and WhatsApp deals, he said, according to WSJ.
PYMNTS
DECEMBER 20, 2019
The FTC said in its complaint that FLEETCOR had marketed payment cards to firms with vehicle fleets, noting that they would save money, that there were no transaction or membership fees, and there would be controls for fraud. FLEETCOR did not immediately respond to a request for comment to Yahoo Finance.
PYMNTS
SEPTEMBER 16, 2019
A recent letter sent by the Federal Trade Commission (FTC) shows there is bad blood between the U.S. The FTC and the U.S. An FTC spokeswoman declined to comment, while the Justice Department didn’t respond to a request for comment. government agencies investigating Big Tech firms.
PYMNTS
JUNE 24, 2019
The complaints come less than a year after Venmo parent firm PayPal had to settle with the FTC over privacy and security violations after it was accused of misleading users over its privacy settings. PayPal did not return a request for comment on this latest report. So what did we learn this week?
PYMNTS
MAY 6, 2020
A group of senators is asking the Federal Trade Commission (FTC) to take more steps to protect small- to medium-sized business (SMB) owners from scams during the coronavirus pandemic, according to a CNBC report. CNBC said the FTC did not immediately respond to a request for comment on the senators’ letter.
PYMNTS
JANUARY 24, 2019
The FTC is about to complete an investigation into the data breach and whether Facebook violated a consent decree reached in 2011 and could levy Facebook with a sizeable fine, reported The Wall Street Journal. In 2011 the FTC said Facebook deceived customers by sharing data it said it was kept private.
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