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FTC says partnerships like Microsoft-OpenAI raise antitrust concerns
The Federal Trade Commission (FTC) said in a staff report issued Friday that there are potential competitive issues in partnerships between Big Tech
FTC concern over Microsoft investment in OpenAI backs my claims, says Musk
Musk has been waging a months-long legal attack on OpenAI Chief Executive Officer Sam Altman, almost a decade after the two men worked together to launch OpenAI
FTC points at partnerships between AI leaders and cloud service providers, suggesting they could be subject to antitrust scrutiny
A staff report released Friday by the FTC suggested partnerships between OpenAI and Microsoft, and Amazon and Anthropic, raise antitrust concerns.
The FTC is concerned about Big Tech-AI startup partnerships — Microsoft-Open AI raises alarms
The FTC warns that multi-billion-dollar partnerships between Big Tech and AI startups could lead to the monopolization of the AI and cloud computing sectors.
FTC Warns on Big Tech Partnerships with AI Startups
The U.S. Federal Trade Commission on Friday issued a report outlining concerns with major Big Tech and AI startup partnerships.
7h
FTC issues over $5 million in refunds to victims of credit repair scheme
A November 2022 lawsuit filed by the organization alleged ACRO Services stole millions of dollars from customers under the ...
6h
on MSN
Ex-Pioneer CEO sues FTC for banning him from Exxon board
Former Pioneer Natural Resources CEO Scott Sheffield sued the U.S. Federal Trade Commission on Tuesday, saying it violated ...
1d
on MSN
United Health Lawsuit Named Among FTC's Biggest Wins
The lawsuit claims that three major healthcare companies were pushing up the price of insulin by 1,200 percent.
Bisnow
10h
FTC Eyes Probe Of Large Single-Family Rental Owners
Chair Lina Khan is seeking public input about a potential investigation of single-family rental companies and their role in ...
1d
Biden's US FTC chair to resign commission in coming weeks, memo says
Lina Khan, who until Monday was an aggressive enforcer of antitrust law as the head of the U.S. Federal Trade Commission (FTC ...
JD Supra
10h
How the FTC’s “Click to Cancel” Rule Will Impact Your Subscriptions
The days of jumping through hoops just to cancel a subscription or membership will soon be no more. A recent rule adopted by ...
Fierce Healthcare
1d
FTC secures 11th hour settlement from PE firm Welsh Carson over alleged roll-up scheme
Private equity firm Welsh, Carson, Anderson & Stowe has agreed to a settlement with the Federal Trade Commission that will ...
1d
on MSN
Biden FTC chair Khan to resign from commission in coming weeks
Lina Khan, who headed the U.S. Federal Trade Commission under former President Joe Biden until Monday, will resign from the ...
Courthouse News Service
4h
Corporate payments company challenges FTC injunction at 11th Circuit
A federal injunction permanently barring Corpay from obscuring fees and misleading consumers about fuel card discounts lets the Federal Trade Commission “micromanage” the company’s customer ...
6h
on MSN
FTC accuses drug treatment center with creating misleading Google ads to recruit clients
A lawsuit filed by the Federal Trade Commission alleges Evoke Wellness LLC and its management services company used deceptive ...
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