Press Releases - Federal Trade Commission
WEBThe Federal Trade Commission is taking action to resolve antitrust concerns related to Chevron Corporation’s acquisition of rival oil producer Hess Corporation by approving a proposed consent order...
FTC Sues Amazon for Illegally Maintaining Monopoly Power
WEBSep 26, 2023 · The Federal Trade Commission and 17 state attorneys general today sued Amazon.com, Inc. alleging that the online retail and technology company is a monopolist that uses a set of interlocking anticompetitive and unfair strategies to illegally maintain its monopoly power.
News and Events - Federal Trade Commission
WEBThe Federal Trade Commission and the Justice Department’s Antitrust Division participated in the G7 Competition Authorities and Policymakers Summit to discuss ways to ensure competition in artificial...
FTC Alleges Facebook Resorted to Illegal Buy-or-Bury Scheme to …
WEBAug 19, 2021 · Today, the Federal Trade Commission filed an amended complaint against Facebook in the agency’s ongoing federal antitrust case. The complaint alleges that after repeated failed attempts to develop innovative mobile features for its network, Facebook instead resorted to an illegal buy-or-bury scheme to maintain its dominance.
The Antitrust Laws - Federal Trade Commission
WEBThe antitrust laws proscribe unlawful mergers and business practices in general terms, leaving courts to decide which ones are illegal based on the facts of each case. Courts have applied the antitrust laws to changing markets, from a time of horse and buggies to the present digital age.
FTC Restores Rigorous Enforcement of Law Banning Unfair …
WEBThe Federal Trade Commission issued a statement today that restores the agency’s policy of rigorously enforcing the federal ban on unfair methods of competition. Congress gave the FTC the unique authority to identify and police against these practices, beyond what the other antitrust statutes cover.
Federal Trade Commission and Justice Department Seek to …
WEBJan 18, 2022 · WASHINGTON – Today, the Federal Trade Commission (FTC) and the Justice Department’s Antitrust Division launched a joint public inquiry aimed at strengthening enforcement against illegal mergers.
Federal Trade Commission, the Department of Justice and the …
WEBMar 5, 2024 · The Federal Trade Commission, the Department of Justice’s (DOJ) Antitrust Division, and the U.S. Department of Health and Human Services (HHS) jointly launched a cross-government public inquiry into private-equity and other corporations’ increasing control over health care.
Bureau of Competition - Federal Trade Commission
WEBThe FTC’s Bureau of Competition enforces the nation's antitrust laws, which form the foundation of our free market economy. The antitrust laws promote the interests of consumers; they support unfettered markets and result in lower prices and more choices.
FTC Challenges Private Equity Firm’s Scheme to Suppress …
WEBSep 21, 2023 · The Federal Trade Commission today sued U.S. Anesthesia Partners, Inc. (USAP), the dominant provider of anesthesia services in Texas, and private equity firm Welsh, Carson, Anderson & Stowe, alleging the two executed a multi-year anticompetitive scheme to consolidate anesthesiology practices in …