Related topics: google · privacy · facebook · social networking · regulation

UK investigation of Amazon investment shows tougher approach

The U.K. competition watchdog on Friday launched an investigation into Amazon's purchase of a large stake in food delivery service Deliveroo, a move that suggests authorities are taking a harder line on the expansion of Big ...

Data scientist drops Facebook defamation suit

Aleksandr Kogan, the data scientist at the center of Facebook's Cambridge Analytica privacy scandal, said he is dropping a defamation lawsuit against the social network rather than engage in an expensive, drawn-out legal ...

Europe shows challenges for US regulators targeting Big Tech

As U.S. authorities prepare to investigate Silicon Valley's digital giants, they'll look for inspiration—and warnings—from Europe, where regulators have led global efforts to rein in Big Tech with only mixed results.

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Federal Trade Commission

The Federal Trade Commission (FTC) is an independent agency of the United States government, established in 1914 by the Federal Trade Commission Act. Its principal mission is the promotion of "consumer protection" and the elimination and prevention of what regulators perceive to be harmfully "anti-competitive" business practices, such as coercive monopoly.

The Federal Trade Commission Act was one of President Wilson's major acts against trusts. Trusts and trust-busting were significant political concerns during the Progressive Era. Since its inception, the FTC has enforced the provisions of the Clayton Act, a key antitrust statute, as well as the provisions of the FTC Act, 15 U.S.C. § 41 et seq. Over time, the FTC has been delegated the enforcement of additional business regulation statutes and has promulgated a number of regulations (codified in Title 16 of the Code of Federal Regulations).

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