Cash One Monetary CEO Richard Fairbank has agreed to fork out $637,950 to settle charges that he failed to comply with antitrust procedures when he obtained supplemental shares of the financial institution. The U.S. Federal Trade Fee mentioned Fairbank’s order of 101,148 shares in March 2018 — which brought his […]
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Facebook Wants FTC Chair off Antitrust Case
In what could be a preemptive authorized move, Facebook is seeking the recusal of U.S. Federal Trade Commission Chair Lina Khan from the agency’s antitrust scenario versus the enterprise. Khan’s recusal is warranted, Facebook explained in a court docket filing, since as a longtime critic of Facebook, she “cannot satisfy […]
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FTC Moves to Beef up Antitrust Enforcement
The U.S. Federal Trade Fee has voted to scrap a 2015 policy assertion that restricted its capacity to provide enforcement steps more than anticompetitive conduct. The direction demanded the fee to stick to the “consumer welfare” standard in selecting whether or not to sue corporations for “unfair procedures of competition” […]
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Tata Motors, two group firms accused of antitrust violations: Report
India’s competition regulator is examining allegations that Tata Motors and two finance companies of its $one hundred billion mother or father team abused their marketplace place when promoting business motor vehicles, according to 3 sources and legal documents observed by Reuters. The Opposition Fee of India (CCI) is examining a […]