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The Latest Breaking News from FTC

FTC sues to block the $69 billion Microsoft-Activision Blizzard merger

The Federal Trade Commission said Microsoft's planned takeover of the video game company could suppress competitors to Microsoft's Xbox game consoles and its growing games subscription business.

WEKU

The FTC sues to block Microsoft’s Activision Blizzard acquisition

The FTC will try and block Microsoft from buying Activision Blizzard, citing concerns over negative effects on competition and innovation

USA Today Sports Media Group

FTC challenges Meta acquisition of VR company in court

Federal regulators open their campaign to block Facebook parent Meta’s acquisition of virtual-reality company Within Unlimited and its fitness app Supernatural, with opening arguments beginning Thursday in San Jose, California

The Independent UK

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Why I hung up on the person who said he kidnapped my child

LOS ANGELES — I was driving home on the 110 Freeway when the music on the radio was interrupted by a phone call. The number displayed on my dashboard was (111) 111-1111 — an obvious fake. I should have let it go straight to voicemail, but for some reason I…

Los Angeles Times

Microsoft keeps pulling the right political strings. Is it enough to get the Activision Blizzard deal over the finish line?

The tech giant is making shrewd moves, but regulators remain wary of its $68.7 billion purchase of the video game developer.

Fortune

What to know about title loans

Title loans charge exorbitant fees and allow the lender to repossess the car if you don’t repay the loan.

Fortune

Crypto pressure ratchets up as FTC probes several firms over ads

The US Federal Trade Commission is probing several crypto firms over allegations their advertisements were deceptive or misleading, the agency said Monday.

Tribune News Service

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Microsoft is ready to fight for its $69 billion Activision deal

Microsoft Corp. is ready to fight for its $69 billion acquisition of gaming company Activision Blizzard Inc. if the US Federal Trade Commission files a lawsuit seeking to block the deal, according to a person familiar with the matter.

Tribune News Service

Months after release from federal prison, TV pitchman Kevin Trudeau could face jail again

CHICAGO — TV pitchman Kevin Trudeau was warned years ago by a federal judge that a 10-year prison sentence for contempt wasn’t going to magically erase the whopping $37.6 million civil penalty he still owes for lying about his controversial weight-loss book.

Chicago Tribune

Kroger employees still aren't being paid

Since Labor Day, Kroger has blamed a "glitch" in its new payroll system for incomplete and late paychecks

Salon

Will the government crack down on bots after Ticketmaster’s Taylor Swift meltdown?

After Ticketmaster fumbled its sales of Taylor Swift’s Eras stadium tour tickets earlier this month, the company blamed “bot attacks” and fans for the meltdown.

Los Angeles Times

Microsoft will reportedly make concessions regarding Activision Blizzard deal

The Xbox manufacturer might enter a 10-year deal with PlayStation to appease UK regulators.

USA Today Sports Media Group

'We Want Freedom': Chinese Protests Reflect Frustration With Country's Continuing COVID Restrictions

Plus: Reason's holiday gift guide, a possible new antitrust suit against Microsoft, and more...

Reason

‘Resort fees’ set be outlawed in the US by Joe Biden

President vows to eliminate charges intended ‘to confuse or deceive consumers’

The Independent UK

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USA Today Sports Media Group

The FTC might be readying a challenge to the Microsoft Activision deal, sources say

A new report from Politico suggests the FTC will file an antitrust lawsuit in a bid to stop Microsoft from acquiring Activision Blizzard

Axios

Global legal perils beset a downsized Twitter

Musk's firm faces challenges from regulators and legislators even as it has lost much of its policy staff.

Reason

The Horseracing Case and How It Misunderstands Private Delegation

Despite a recent Fifth Circuit case, there is no private nondelegation doctrine.

Reason

Fifth Circuit: Horseracing Integrity and Safety Act Unconstitutionally Delegates Power to a Private Entity

A rare, successful nondelegation challenge in the U.S. Court of Appeals for the Fifth Circuit.

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Chicago Sun-Times

Fraudster Kevin Trudeau out of prison, back in court for ‘reunion’ with judge who might lock him up again

Lawyers ask a judge to detain the author of ‘The Weight-Loss Cure “They” Don’t Want You to Know About’ as they try to find millions he may have hidden away.

Tribune News Service

States take key role in fighting fake online reviews

With studies showing that at least three-quarters of online shoppers check product and service reviews before they buy, the evaluations have become more important than ever in global commerce. But fake reviews upend the system.

The Independent UK

Senators to FTC: Probe Twitter security, take needed action

A group of Democratic senators have asked federal regulators to investigate any possible violations by Twitter of consumer-protection laws or data-security commitments

Ballotpedia

Split-ticket voting for U.S. Senate and governor

Welcome to the Monday, November 14, Brew.

Axios

Sen. Ed Markey tells Elon Musk: Fix your companies or Congress will

The warning came after Musk mocked the senator for demanding answers about Twitter's verification process.

The Independent UK

US Senator threatens to ‘fix’ Elon Musk’s companies after billionaire mocked him on Twitter

Ed Markey had complained to billionaire about fake verified account in his name

The Guardian - US

Chaos unleashed: Elon Musk’s wild ride at helm of Twitter could bring it down

World’s richest man has made a spectacle of his ownership of the social media platform, and advertisers, employees and regulators are none too pleased

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