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FTC Sues to Block $40 Billion Semiconductor Chip Merger
The Federal Trade Commission today sued to block U.S. chip supplier Nvidia Corp.’s $40 billion acquisition of U.K. chip design provider Arm Ltd. Semiconductor chips power the computers and technologies that are essential to our modern economy and society.
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FTC Issues Advisory Opinion on the Holder Rule and Attorneys’ Fees and Costs
The Federal Trade Commission has issued an advisory opinion stating that the Holder Rule does not prevent state law from providing costs or attorneys’ fees against loan holders, as some courts have incorrectly concluded. The Holder Rule protects consumers who enter credit contracts by preserving...
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With Omicron Variant on the Rise, FTC Orders More Marketers to Stop Falsely Claiming Their Products Can Effectively Prevent or Treat COVID-19
The Federal Trade Commission ordered more than 20 marketers nationwide to immediately stop making baseless claims that their products and supposed therapies can treat or prevent COVID-19. In cease-and-desist demands sent to these marketers, the agency noted that violators could be hit with monetary...
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Federal Trade Commission and Justice Department Seek to Strengthen Enforcement Against Illegal Mergers
WASHINGTON – Today, the Federal Trade Commission (FTC) and the Justice Department’s Antitrust Division launched a joint public inquiry aimed at strengthening enforcement against illegal mergers. Recent evidence indicates that many industries across the economy are becoming more concentrated and...
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FTC Returns More Than $10 Million to Consumers Who Paid Hidden Fees to LendingClub
The Federal Trade Commission is returning more than $10 million to consumers who were charged undisclosed fees by online lender LendingClub Corporation. The FTC is distributing refunds directly to more than 15,000 LendingClub customers and encouraging additional LendingClub customers to apply for...
Coming Events
Feb
9
Chair Lina M. Khan keynote at the Annual Bannerman Competition Lecture
Chair Lina M. Khan keynote at the Annual Bannerman Competition Lecture hosted by the Australian Competition and Consumer Commission and the Law Council of Australia Business Law Section. Sign up and join here: https://us06web.zoom.us/meeting/register/tZYlc-GhpjIiGNZmKllPhmXHVcVNRHt...Past Events
Jan
20
Open Commission Meeting - January 20, 2022
Business Before the Commission: Staff Presentation on Identity Theft and Available Resources for Consumers.
Jan
4
Prehearing Scheduling Conference-Docket 9404 – In re Nvidia Corp., et al.
Docket 9404 – In re Nvidia Corp., et al.Call-in number: 844-867-6169Access Code: 6379649
Dec
16
