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The Federal Trade Commission authorized an action to block Post Holdings, Inc.’s proposed acquisition of the private label ready-to-eat ("RTE") cereal business of TreeHouse Foods, Inc. In an administrative complaint issued on December 19, 2019, the Commission alleges that the proposed acquisition would harm retailers and end consumers by eliminating head-to-head competition between the Respondents in the United States market for private label RTE cereal. The Commission vote to issue the administrative complaint and to authorize staff to seek a temporary restraining order and preliminary injunction was 5-0. The administrative trial is scheduled to begin on May 27, 2020. The parties announced they had abandoned the transaction on Jan. 13, 2020.
DCR Workforce, Inc. reached a settlement with the FTC over allegations that the company made false or misleading representations about its participation in the EU-U.S. Privacy Shield framework.
LotaData settled Federal Trade Commission allegations that the company falsely claimed certification under the EU-U.S. Privacy Shield framework.
EmpiriStat settled Federal Trade Commission allegations that the company falsely claimed certification under the EU-U.S. Privacy Shield framework.
Trueface.ai settled Federal Trade Commission allegations that the company falsely claimed certification under the EU-U.S. Privacy Shield framework.
Thru, Inc. reached a settlement with the FTC over allegations that the company made false and misleading representations about its participation in the EU-U.S. and Swiss-U.S. Privacy Shield frameworks.