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Facebook, Inc.) is an ongoing antitrust court case brought by the Federal Trade Commission (FTC) against Facebook parent company Meta Platforms. The lawsuit alleges that Meta has accumulated monopoly power via anti-competitive mergers, with the suit centering on the acquisitions of Instagram and WhatsApp. [1]
Divya Narendra, Cameron Winklevoss, and Tyler Winklevoss, founders of the social network ConnectU, filed a lawsuit against Facebook in September 2004.The lawsuit alleged that Zuckerberg had broken an oral contract to build the social-networking site, copied the idea, [1] [2] and used source code that they provided to Zuckerberg to create competing site Facebook.
What may be telling in these late actions from FTC and CFPB is that they both target Big Tech companies, an area where the Biden administration may have some alignment with Trump 2.0.
A husband and wife team of con artists who ran a bogus precious metals investment scheme are being sued by the Federal Trade Commission for swindling seniors out of tens of millions of dollars.
NXIVM Corp. v. The Ross Institute, 364 F.3d 471 (2d Cir. 2004), [1] was a United States Court of Appeals for the Second Circuit decision that held that the defendant's critical analysis of material obtained in bad faith, i.e., in violation of a non-disclosure agreement, was fair use since the secondary use was transformative as criticism and was not a potential replacement for the original on ...
Fortnite players who were “tricked” into making unwanted purchases can now file refund claims with the Federal Trade Commission. The average payment is $114 per player. The average payment is ...
The lawsuit asks a federal judge in St. Louis, Missouri to order the FTC to take the report down and recuse Chair Lina Khan from any actions pertaining to the company, which is owned by Cigna Corp.
Affirmed, FTC v. AMG Capital Management, LLC, 910 F.3d 417 (9th Cir. 2018) Cert. granted, 141 S. Ct. 194 (2020) Holding; Section 13(b) of the Federal Trade Commission Act does not authorize the Commission to seek or a court to award equitable monetary relief such as restitution or disgorgement. Court membership; Chief Justice John Roberts ...