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With the FTC wrapping up its case Thursday, it’s now Meta’s turn to make its argument. The social media giant faces high stakes, as a loss would likely open it up to a potential breakup.
Meta challenges FTC's market definition, arguing for the dismissal of the high-profile antitrust lawsuit. The fate of Instagram and WhatsApp hangs in the balance as Meta faces potential breakup in ...
A new FTC rule banning historically deceptive practices surrounding travel industry junk fees took effect May 12. The rule specifically addresses the annoying surprise fees that inevitably show up on ...
According to the Korean Economic Daily, Centroid Investment Partners, a South Korean private equity firm that has owned a controlling interest in TaylorMade since 2021, has confirmed plans to ...
Unwanted subscriptions were about to get easier to cancel with the FTC's new click-to-cancel rule. But the commission just delayed its enforcement deadline by two more months. Ex-FTC commissioner ...
The Federal Trade Commission wrapped up its case Thursday for breaking up Meta Platforms Inc. as an illegal social-media monopoly, with the company now set to lay out its defense in the ongoing ...
WASHINGTON, May 28 (Reuters) - The U.S. Federal Trade Commission said on Wednesday it will require two software companies —Synopsys (SNPS.O), opens new tab and Ansys (ANSS.O), opens new tab ...
The FTC filed a lawsuit against Welsh, Carson and USAP in September 2023 for allegedly violating antitrust laws. In Tuesday’s order, Welsh, Carson was directed to limit its relationship with ...
Is TaylorMade Golf about to hit the block? Talk that the Carlsbad, Calif.-based equipment maker could be sold has accelerated, according to a report on May 9 in the Chosun Daily, a Korean publication.
Meta thinks there's no reason to carry on with its defense after the Federal Trade Commission closed its monopoly case, and the company has moved to end the trial early by claiming that the FTC ...
Devlina Sarkar is a Newsweek contributor based in New Delhi, India. Her focus and passion is all things golf, as well as film. Devlina has been with Newsweek since February, 2025 and previously ...