The article reports that the Federal Trade Commission (FTC), a consumer protection agency, U.S., has asked for additional information regarding the acquisition of bedding producer, Sealy by manufacturer and distributor of mattresses and pillows, Tempur-Pedic from both the companies....
“These kinds of transactions are reviewed by the FTC and it’s not unusual for them to come back and ask for more information,” said Intel spokesman Tom Beermann. Intel plans to comply with the request, but gave no deadline for providing the new information. “As part of the regulatory...
Consolidation has been a fact of life in the cloud computing market for more than a decade, marked by incidents such as the 2013 failure of infrastructure-as-a-service provider Nirvanix. "If it is a very high capital-cost industry, which I think it is, it could make sense to have a ...
FTC Seeks More Information From Teva, Barr on Merger Teva Pharmaceutical Industries will have to wait as much as a month to complete its proposed acquisition of Barr Pharmaceuticals now that the FTC has sent a second request to both companies for information about the deal. The companies s......
Outside of the youth context, the FTC has made clear that it intends to crack down on "commercial surveillance and lax data security." The FTC broadly defines "[c]ommercial surveillance [as] the business of collecting, analyzing, and profiting from information about people." This sweeping def...
A: A CID is a kind of subpoena – a compulsory legal document enforceable in court that seeks documents or other information related to an FTC investigation. Q: Why Does the FTC Issue CIDs? A: The FTC issues CIDs to obtain information from companies it thinks may have violated the law. ...
“Initial staff findings show that retailers frequently use people’s personal information to set targeted, tailored prices for goods and services—from a person’s location and demographics, down to their mouse movements on a webpage,” said FTC Chair Lina M. Khan. “The FTC should continue ...
Impact ofmonopsony power, including in labor markets: The agencies seek input on how toaddress the issue of buyer power in more detail in the guidelines. Labormarkets are a key example of buyer power, and the agencies see...
Furthermore, the FTC appears to be considering a rulemaking to establish independently enforceable requirements related to unfair and deceptive environmental claims. More information on what this rulemaking might entail is not yet available, but such a rulemaking would mark a turning point from the Gre...
The FTC is requesting general comments on the continuing need for the guides, their economic impact, their effect on the accuracy of various environmental claims, and their interaction with other environmental marketing regulations. The ...