Lina Khan, the chair of the US Federal Trade Commission (FTC), was reportedly among thousands of guests staying at one of the MGM hotels in Las Vegas as MGM Resorts International suffered a massive hacking, leading to the shut down of its slot machines and ATMs amid website outages.
The Lina Khan-led Federal Trade Commission (FTC) is likely to file its massive lawsuit against Amazon later this month, as the e-commerce giant reportedly failed to offer concessions to the FTC in pursuit of a settlement over antitrust claims. The lawsuit will touch upon various aspects of Amazon’s business, while also suggesting “structural remedies” that could potentially break up the tech giant, reports the Wall Street Journal, citing sources.
Lina Khan-run US Federal Trade Commission (FTC) is reportedly set to file a major antitrust lawsuit against Amazon, focused on the e-commerce giant’s core online marketplace and how it uses its power to favour merchants that use its logistics services. The FTC is preparing the lawsuit, accusing Amazon of “leveraging its power to reward online merchants that use its logistics services and punish those who don’t,” Bloomberg reported.
The US government is looking into whether foreign investment partners of Elon Musk have access to users’ private data on the micro-blogging platform, as he plans another round of layoffs.
A group of US senators has expressed concerns about changes made by Elon Musk to Twitter, asking the country’s antitrust regulator to oversee the social media platform’s consent decree and compliance with consumer privacy laws.
Workers of the gig economy companies have a reason to rejoice as the Federal Trade Commission (FTC), headed by FTC Chair Lina M. Khan, on Tuesday, September 20, announced a policy to ensure that gig workers like online cab drivers and delivery partners are protected against unjust contracts, pay, and hours. As highlighted in the FTC’s Serving Communities of Color report, 19% of gig workers are Asians.