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Nearly 70 consumer complaints per day were lodged with the FTC in 2024 over recurring subscription practices, the commission said.
The plaintiff called the ban ‘not only unlawful but also a blatant power grab that will undermine American businesses’ ability to remain competitive.’
The $8.5 billion deal is expected to combine six luxury fashion brands owned by Tapestry and Capri.
The FTC says that Kroger’s acquisition of Albertsons will be the ‘largest supermarket merger in U.S. history.’
The commission has now proposed expanding the rule to prohibit the impersonation of individuals.
The patents could ‘significantly drive up the prices Americans must pay for medicines and drug products,’ the FTC chair said.
More than 150,000 reports of fraud and related threats were reported by veterans and military retirees last year.
If FTC Chair Lina Khan succeeds, ’she will have enacted a new progressive paradigm in antitrust in which anyone can be sued for anything,' says Robert Bork Jr.
A private equity firm bought up anesthesia practices in Texas and engaged in price-setting arrangements, the FTC says.
