Amazon could face the toughest challenge in its 30-year history as Federal Trade Commission (FTC) officials prepare to file an antitrust lawsuit against the retail giant. Representatives from Amazon will reportedly meet next week with FTC officials in the latest sign that the agency is close to...
Federal Trade Commission (FTC) Chair Lina Khan faced scrutiny from Republicans at a Thursday (July 13) House Judiciary Committee Oversight hearing. Under Khan, the FTC’s budget has ballooned by 30%, with the Biden administration granting an additional $430 million in fiscal year 2023, the New York Post...
New U.S. rules governing mergers could hit private equity firms harder than most companies. That’s according to a report Saturday (July 1) by the Financial Times, citing interviews with antitrust experts. These experts argue that proposed changes to the Hart-Scott-Rodino (HSR) form, which companies use to notify...
Today’s ongoing digital revolution is continually transferring frontier technologies into commercial applications. If a task or process feels routine today, it will likely be the target of an algorithm tomorrow. Nowhere is this more true than in the field of generative artificial intelligence (AI), which...
April 14, 2024
Antitrust regulators are reportedly not convinced by artificial intelligence (AI) firms’ suggested hands-off policy. Speaking at an antitrust conference in Washington last week, Federal Trade Commission (FTC) Chair Lina Khan said technology companies have attempted to “dazzle” policymakers with the promise of AI, but to no avail, Bloomberg News reported Friday (April 12). “There’s no […]
July 13, 2023
Federal Trade Commission (FTC) Chair Lina Khan faced scrutiny from Republicans at a Thursday (July 13) House Judiciary Committee Oversight hearing. Under Khan, the FTC’s budget has ballooned by 30%, with the...
July 02, 2023
New U.S. rules governing mergers could hit private equity firms harder than most companies. That’s according to a report Saturday (July 1) by the Financial Times, citing interviews with antitrust experts. These...
March 27, 2023
The Federal Trade Commission (FTC) is keeping an eye on the artificial intelligence (AI) industry. The regulator aims to ensure the field isn’t dominated by existing big tech companies and...