#Microsoft is being investigated by the #FTC over #antitrust concerns

Source: https://www.theverge.com/2024/11/27/24307790/microsoft-is-being-investigated-by-the-ftc-over-antitrust-concerns

But in recent years Microsoft has mostly escaped the kind of antitrust scrutiny applied to #Amazon, #Apple, #Meta, and #Google, each of which is fighting its own #monopoly charges from the #government.

If you call it Meta instead of #Facebook then Google is #Alphabet. Good journalism is so hard to find... 😩

#economy #politics #justice #siliconvalley #technology #Software #Problem #future #capitalism #internet #news #usa

Microsoft is being investigated by the FTC over antitrust concerns

The last monopoly suit against Microsoft was filed over 25 years ago.

“Click to Cancel” Coming Soon

#news #clicktocancel #federaltradecommission #ftc #regulation #hackaday
posted by pod_feeder_v2

“Click To Cancel” Coming Soon

If you’ve ever had to suffer through a call tree and a 9,000 hour wait on hold to cancel a subscription, we have good news for you if you live in the United States. The Federal Trade Commissi…

You Should Be Allowed To Fix McDonald’s Ice Cream Machines, Say Federal Regulators

#news #repairhacks #doj #ftc #icecreammachine #mcdonalds #hackaday
posted by pod_feeder_v2

You Should Be Allowed To Fix McDonald’s Ice Cream Machines, Say Federal Regulators

Editors Note: According to our infallible record keeping, this is the 50,000th post published on Hackaday! We weren’t sure this was the kind of milestone that required any drawn out navel-gaz…

#FTC to ban Avast from selling browsing data for #advertising purposes

Source: https://www.bleepingcomputer.com/news/security/ftc-to-ban-avast-from-selling-browsing-data-for-advertising-purposes/

The complaint says #Avast violated millions of consumers' rights by collecting, storing, and selling their browsing data without their knowledge and consent while misleading them that the products used to harvest their data would block online #tracking.

#news #crime #economy #security #software #scandal #internet #browser #fail #consumer #software

#Amazon Used Secret ‘Project Nessie’ #Algorithm to Raise #Prices

source: https://www.forbes.com/sites/willskipworth/2023/10/03/amazon-allegedly-used-secret-algorithm-to-raise-prices-on-consumers-ftc-lawsuit-reveals/

The algorithm was able to track how much Amazon’s power in the e-commerce field would get competitors to move their prices, and in instances in which competitors didn’t move their prices, the algorithm would return Amazon’s prices back down, according to the Journal.

(I don't link to the original source the "Wall Street Journal" because of the paywall.)

Amazon is #neoliberalism in its final stage. It is no longer about manufacturing #costs and fair prices, but only about how to eliminate the #competition with low prices or how high you can rip off your own customers.

#economy #fail #customer #price #online #marketplace #internet #scam #crime #ftc #news #technology #business

Amazon Allegedly Used Secret Algorithm To Raise Prices On Consumers, FTC Lawsuit Reveals

The FTC called this algorithm “an unfair method of competition” that has “no valid and cognizable justification” and violates the FTC Act.

US regulator files anti-trust lawsuit against online retailer Amazon

In a long-expected move, the United States Federal Trade Commission and a collection of 17 states are suing one of the richest companies in the world.Amazon ...#AlJazeera #AlJazeeraEnglish #Amazon #FTC #USregulators #UnitedStatesFederalTradeCommissionFTC #aljazeera #aljazeeraenglish #aljazeeralive #aljazeeravideo #aljazeeraEnglish #aljazeeralatest #aljazeeralive #aljazeeralivenews #latestnews #lawsuit #newsheadlines #onlineretailerAmazon
US regulator files anti-trust lawsuit against online retailer Amazon

Drizly CEO accountable for alleged security failures

The agency announced Monday that its four commissioners had voted unanimously to issue a proposed order against alcohol delivery platform Drizly and its CEO James Cory Rellas for allegedly failing to implement adequate security measures, which eventually resulted in a data 2020 breach exposing personal information on about 2.5 million consumers.

The FTC claims that despite being alerted to the security concerns two years before the breach, Drizly and Rellas did not do enough to protect their users’ information.

While settlements like this are not that uncommon for the FTC, its decision to name the CEO and have the stipulations follow him beyond his tenure at Drizly exemplifies an approach favored by Democratic Chair Lina Khan. Some progressive enforcers have argued that naming tech executives in their lawsuits should create a stronger deterrence signal for other potential violators.

#Drizly #CEO #FTC #Uber #user #personal_data #security #breach

https://www.cnbc.com/2022/10/24/ftc-seeks-to-hold-drizly-ceo-accountable-for-alleged-security-failures.html

Reports show scammers cashing in on #crypto craze

source: https://nitter.it/web3isgreat/status/1532775402468478977

From Super Bowl ads to Bitcoin ATMs, #cryptocurrency seems to be everywhere lately. Although it’s yet to become a mainstream #payment method, reports to the #FTC show it’s an alarmingly common method for scammers to get peoples’ money. Since the start of 2021, more than 46,000 people have reported losing over $1 billion in crypto to scams – that’s about one out of every four dollars reported lost, more than any other payment method. The median individual reported loss? A whopping $2,600. The top cryptocurrencies people said they used to pay scammers were #Bitcoin (70%), #Tether (10%), and #Ether (9%).

#scam #crime #bitcoins #fail #money #finance #blockchain #news #warning

● NEWS ● #EFF #Stalkerware ☞ EFF Urges #FTC to Investigate Stalkerware App Network Subject of TechCrunch Report https://www.eff.org/deeplinks/2022/02/eff-urges-ftc-investigate-stalkerware-app-network-subject-techcrunch-report

EFF Urges FTC to Investigate Stalkerware App Network Subject of TechCrunch Report

This post was written by EFF Media Relations Specialist Malaika Fraley.Private messages, voicemails, internet browsing, passwords and location data—this is the type of private phone data that is being monitored in real time, unbeknownst to...

● NEWS ● #Techdirt ☞ #FTC Promises To Play Hardball With Robocall-Enabling #VOIP Providers https://www.techdirt.com/articles/20220215/06195848477/ftc-promises-to-play-hardball-with-robocall-enabling-voip-providers.shtml

FTC Promises To Play Hardball With Robocall-Enabling VOIP Providers

Every year or so, the FCC unveils a new plan to combat robocalls it claims will finally tackle the annoying menace. Granted, year after year, the problem either gets worse or stays relatively the same. We've already noted that this is generally...

● NEWS ● #Techdirt ☞ Hypocrisy Rules As Companies Try To Smear New #FTC Nomination Alvaro Bedoya https://www.techdirt.com/articles/20220204/08533848415/hypocrisy-rules-as-companies-try-to-smear-new-ftc-nomination-alvaro-bedoya.shtml

Hypocrisy Rules As Companies Try To Smear New FTC Nomination Alvaro Bedoya

Throughout the Trump administration, a lot of folks had absolutely no problem with the mindless rubber-stamps appointed to key regulatory positions. Ajit Pai, for example, couldn't have demonstrated regulatory capture any more clearly...

Florian Müller: Can superstar lawyer Tom Goldstein turn #EpicGames v. #Apple around like he did #FTC v. #Qualcomm and Oracle v. Google? ⚓ http://www.fosspatents.com/2022/01/can-superstar-lawyer-tom-goldstein-turn.html ䷉ #fosspatents

#FTC Highlights SEP #Antitrust Abuses https://www.unifiedpatents.com/insights/2022/1/27/ftc-highlights-sep-antitrust-abuses #patent #monopoly #monopolies http://techrights.org/2018/01/01/tcl-v-ericsson/

FTC Highlights SEP Antitrust Abuses — Unified Patents

The recent remarks of FTC Commissioner Rebecca Kelly Slaughter on standards essential patents (“SEPs”) are commendable, as is her emphasis on the role antitrust law plays in curtailing anticompetitive abuses of them. The abuses Slaughter...

● NEWS ● #BroadbandBreakfast #Monopolies ☞ #FTC Mum on Microsoft-Activision Deal, Proposes Review of Merger Guidelines https://broadbandbreakfast.com/2022/01/ftc-mum-on-microsoft-activision-deal-proposes-review-of-merger-guidelines/ http://techrights.org/2021/06/29/microsoft-behind-big-tech-narrative/ http://techrights.org/wiki/Microsoft_influence_in_the_United_States_government

FTC Mum on Microsoft-Activision Deal, Proposes Review of Merger Guidelines

The deal would elevate Microsoft in an even more favorable position in the games-as-a-service market.

12.01.2022 Klage soll Facebook zerschlagen

Lohnt es sich WhatsApp "zu befreien"?

Die US Kartellbehörde ist einen großen Schritt weitergekommen. Ihre Wettbewerbsklage, mit der sie Facebook zerschlagen will, ist von einem Gericht in Washington angenommen worden. Ziel der Klage ist es, den Kauf von WhatsApp und Instagram durch Mark Zuckerberg rückgängig zu machen.

Der Vorwurf gegen Facebook lautet durch diese Übernahmen unfaire Wettbewerbsbedingungen geschaffen zu haben, in dem Facebook nun eine Monopolstellung einnimmt. Ein Facebook Sprecher ist sich sicher, dass die Tatsachen die Vorwürfe widerlegen würden.

Neben der FTC (Federal Trade Commission) wird die Klägerseite auch durch 40 Bundesstaaten unterstützt. Die Annahme der Klage durch das Gericht ist ein erster kleiner Erfolg, denn noch im letzten Sommer wurde die Klage vom Gericht abgewiesen.

Genauso wichtig, wie der Kampf vor Gericht ist jedoch, dass die Menschen endlich begreifen, dass ihnen mit diesen scheinbar kostenlosen Angeboten ihre Privatsphäre und damit ihr Leben geraubt wird.

Mehr dazu bei https://www.spiegel.de/wirtschaft/unternehmen/instagram-und-whatsapp-richter-laesst-us-kartellklage-gegen-facebook-zu-a-508e5090-69b3-489b-8f1d-10cee0686895
und https://netzpolitik.org/2021/eu-generalanwalt-verbandsklagen-gegen-facebook-sind-zulaessig/
und https://www.merkur.de/wirtschaft/facebook-klage-mark-zuckerberg-datenschutz-cambridge-analytica-whistleblowerin-91066639.html
Link zu dieser Seite: https://www.aktion-freiheitstattangst.org/de/articles/7891-20220112-klage-soll-facebook-zerschlagen.htm
Link im Tor-Netzwerk: http://a6pdp5vmmw4zm5tifrc3qo2pyz7mvnk4zzimpesnckvzinubzmioddad.onion/de/articles/7891-20220112-klage-soll-facebook-zerschlagen.htm
Tags: #Facebook #WhatsApp #Instagram #Alfabet #Google #Metaverse #SozialeNetzwerke #Verhaltensänderung #Regulierung #Zerschlagung #Kartellamt #USA #Meinungsmonopol #Meinungsfreiheit #Verbraucherdatenschutz #FTC #USA

Instagram und Whatsapp: Richter lässt US-Kartellklage gegen Facebook zu

Die US-Kartellbehörde will mit einer Klage erreichen, dass Facebook WhatsApp und Instagram verkaufen muss. Vergangenen Sommer wurde sie jedoch abgewiesen. Im zweiten Anlauf sah der Bundesrichter nun keinen Grund mehr dafür.

● NEWS ● #ThreatPost ☞ #FTC to Go After Companies that Ignore #Log4j https://threatpost.com/ftc-pursue-companies-log4j/177368/ it should also go after companies that deploy #microsoft http://techrights.org/2020/06/09/windows-disaster-zones/

FTC to Go After Companies that Ignore Log4j

Companies that fail to protect consumer data from Log4J attacks are at risk of facing Equifax-esque legal action and fines, the FTC warned.

old: The #FTC Votes Unanimously to Enforce #RightToRepair | WIRED ⚓ https://www.wired.com/story/ftc-votes-to-enforce-right-to-repair/ ䷉ #wired

The FTC Votes Unanimously to Enforce Right to Repair

The move follows an executive order issued last week by the White House urging the agency to secure consumers' rights to fix their own gadgets.

● NEWS ● #PCWorld #Hardware ☞ #FTC sues to halt #Nvidia Arm purchase https://www.pcworld.com/article/557139/ftc-sues-to-halt-nvidia-arm-purchase.html

FTC sues to halt Nvidia Arm purchase

US antitrust regulators are suing to halt Nvidia's purchase of chipmaker Arm.

#FTC sues to block $40 billion #Nvidia acquisition of Arm https://www.protocol.com/ftc-lawsuit-block-nvidia-arm

FTC sues to block $40 billion Nvidia acquisition of Arm

The Federal Trade Commission has sued to block Nvidia's proposed $40 billion acquisition of U.K. chip company Arm.

● NEWS ● #Techdirt ☞ #FTC To Crack Down On Companies That Make Cancelling Services A Pain In The Ass https://www.techdirt.com/articles/20211117/15040247964/ftc-to-crack-down-companies-that-make-cancelling-services-pain-ass.shtml

FTC To Crack Down On Companies That Make Cancelling Services A Pain In The Ass

Making it annoying to cancel a subscription has long been a proud American pastime. AOL was notorious for making it extremely difficult. Broadband and cable providers routinely make it a pain in the ass to cancel phone, broadband, or cable. And...