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Uber Sued by FTC Over ‘Deceptive’ Subscription Sign-Ups
Uber was sued by the US Federal Trade Commission. In a complaint filed Monday, the FTC alleges the company charged consumers for its Uber One product without their consent, misled users about the program’s savings and made it “unreasonably” burdensome to cancel the service.
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Landmark US Antitrust Trial Could Force Zuckerberg To Sell Instagram
The Meta case is being made by the Federal Trade Commission (FTC), the powerful US consumer protection agency, and could see the owner of Facebook forced to divest Instagram and WhatsApp.
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Meta CEO Mark Zuckerberg Lobbies Donald Trump to Avoid Antitrust Trial: Report
Meta and its representatives met with President Trump and his senior advisers ahead of an April 14 Federal Trade Commission trial that could force the company to unwind its acquisitions of messaging platform WhatsApp and image-sharing app Instagram.
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Fast-Delivery Companies Zomato, Swiggy, Zepto Face Antitrust Case Over Discounts
The All India Consumer Products Distributors Federation (AICPDF), in a case filing with the Competition Commission of India, has asked for an investigation into many business practices of Zomato's Blinkit, Swiggy's instamart, and Zepto, including how discounts are doled out.
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Lawsuit Accuses Amazon of Secretly Tracking Consumers Through Cellphones
Amazon obtained "backdoor access" to consumers' phones by providing tens of thousands of app developers with code known as Amazon Ads SDK to be embedded in their apps, according to a proposed class action lawsuit in San Francisco federal court.
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After Kraken, Binance Sued by ASIC in Australia: Here’s Why
The ASIC has filed a lawsuit in federal court, accusing Binance's local subsidiary of misclassifying 505 retail investors as wholesale investors. As a result, the exchange is alleged to have failed to provide the necessary consumer protection for these retail investors.
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US Taking Steps To Put Google Under Federal Supervision, Report Says
The US Consumer Financial Protection Bureau (CFPB) has taken steps to put Alphabet's Google under formal federal supervision, the Washington Post reported, potentially mounting yet another regulatory challenge for the Big Tech giant.
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Indian Retail Group Seeks Antitrust Probe on Quick Commerce Brands Swiggy, Blinkit, Zepto
The All India Consumer Products Distributors Federation (AICPDF) has asked the antitrust authority to investigate Zomato's Blinkit, Zepto, and Swiggy. The AICPDF has alleged that quick commerce firms were practising predatory pricing while also sidelining the traditional salespeople.
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Google Granted Request to Pause Order on Play Store Overhaul
Google's request to temporarily pause an order directing it to overhaul the Play Store to give consumers more choice over how they download software, was granted by a federal judge in California. The company had argued that the October 7 injunction would harm the company and introduce "serious safety, security and privacy risks into the Android eco...
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Sensex Rallies 600 Points, Nifty Soars Amid US Federal Rate Cut Hopes
Stock market benchmark indices Sensex and Nifty surged nearly 1 per cent on Monday, propelled by intense buying in metal, IT and consumer durable stocks amid hopes that the US Federal Reserve will start cutting interest rates soon.
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After Delhi, Tomatoes To Be Sold At Subsidised Rate Of ₹ 60/Kg In Mumbai
The National Cooperative Consumers' Federation of India Limited (NCCF) has initiated market intervention to stabilize soaring tomato prices in the retail market in Mumbai.
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Tomatoes To Be Sold At Subsidised Rate Of ₹ 60/Kg In Delhi, Nearby Areas From Monday
To provide relief from soaring tomato prices, the National Cooperative Consumers' Federation of India (NCCF) will begin selling the commodity at a subsidised rate of Rs 60 per kg in the Delhi-NCR region from Monday.
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Dollar Steady, Bitcoin Holds Gains Ahead of Expected Spot ETF Approval
A decline in US consumer inflation expectations kept the dollar rally in check on Tuesday as traders reaffirmed their bets for a slew of Federal Reserve rate cuts this year.
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Google to Pay $700 Million to US Consumers, States in Play Store Antitrust Settlement
Alphabet's Google will pay $700 million and revamp its Play app store to allow for greater competition as part of an antitrust settlement with US states and consumers, according to the company and filings in San Francisco federal court on Monday.
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Google To Pay $700 Million To Consumers, US States In Antitrust Settlement
Alphabet's Google has agreed to pay $700 million and to allow for greater competition in its Play app store, according to the terms of an antitrust settlement with U.S. states and consumers disclosed on Monday in a San Francisco federal court.
-
Uber Sued by FTC Over ‘Deceptive’ Subscription Sign-Ups
Uber was sued by the US Federal Trade Commission. In a complaint filed Monday, the FTC alleges the company charged consumers for its Uber One product without their consent, misled users about the program’s savings and made it “unreasonably” burdensome to cancel the service.
-
Landmark US Antitrust Trial Could Force Zuckerberg To Sell Instagram
The Meta case is being made by the Federal Trade Commission (FTC), the powerful US consumer protection agency, and could see the owner of Facebook forced to divest Instagram and WhatsApp.
-
Meta CEO Mark Zuckerberg Lobbies Donald Trump to Avoid Antitrust Trial: Report
Meta and its representatives met with President Trump and his senior advisers ahead of an April 14 Federal Trade Commission trial that could force the company to unwind its acquisitions of messaging platform WhatsApp and image-sharing app Instagram.
-
Fast-Delivery Companies Zomato, Swiggy, Zepto Face Antitrust Case Over Discounts
The All India Consumer Products Distributors Federation (AICPDF), in a case filing with the Competition Commission of India, has asked for an investigation into many business practices of Zomato's Blinkit, Swiggy's instamart, and Zepto, including how discounts are doled out.
-
Lawsuit Accuses Amazon of Secretly Tracking Consumers Through Cellphones
Amazon obtained "backdoor access" to consumers' phones by providing tens of thousands of app developers with code known as Amazon Ads SDK to be embedded in their apps, according to a proposed class action lawsuit in San Francisco federal court.
-
After Kraken, Binance Sued by ASIC in Australia: Here’s Why
The ASIC has filed a lawsuit in federal court, accusing Binance's local subsidiary of misclassifying 505 retail investors as wholesale investors. As a result, the exchange is alleged to have failed to provide the necessary consumer protection for these retail investors.
-
US Taking Steps To Put Google Under Federal Supervision, Report Says
The US Consumer Financial Protection Bureau (CFPB) has taken steps to put Alphabet's Google under formal federal supervision, the Washington Post reported, potentially mounting yet another regulatory challenge for the Big Tech giant.
-
Indian Retail Group Seeks Antitrust Probe on Quick Commerce Brands Swiggy, Blinkit, Zepto
The All India Consumer Products Distributors Federation (AICPDF) has asked the antitrust authority to investigate Zomato's Blinkit, Zepto, and Swiggy. The AICPDF has alleged that quick commerce firms were practising predatory pricing while also sidelining the traditional salespeople.
-
Google Granted Request to Pause Order on Play Store Overhaul
Google's request to temporarily pause an order directing it to overhaul the Play Store to give consumers more choice over how they download software, was granted by a federal judge in California. The company had argued that the October 7 injunction would harm the company and introduce "serious safety, security and privacy risks into the Android eco...
-
Sensex Rallies 600 Points, Nifty Soars Amid US Federal Rate Cut Hopes
Stock market benchmark indices Sensex and Nifty surged nearly 1 per cent on Monday, propelled by intense buying in metal, IT and consumer durable stocks amid hopes that the US Federal Reserve will start cutting interest rates soon.
-
After Delhi, Tomatoes To Be Sold At Subsidised Rate Of ₹ 60/Kg In Mumbai
The National Cooperative Consumers' Federation of India Limited (NCCF) has initiated market intervention to stabilize soaring tomato prices in the retail market in Mumbai.
-
Tomatoes To Be Sold At Subsidised Rate Of ₹ 60/Kg In Delhi, Nearby Areas From Monday
To provide relief from soaring tomato prices, the National Cooperative Consumers' Federation of India (NCCF) will begin selling the commodity at a subsidised rate of Rs 60 per kg in the Delhi-NCR region from Monday.
-
Dollar Steady, Bitcoin Holds Gains Ahead of Expected Spot ETF Approval
A decline in US consumer inflation expectations kept the dollar rally in check on Tuesday as traders reaffirmed their bets for a slew of Federal Reserve rate cuts this year.
-
Google to Pay $700 Million to US Consumers, States in Play Store Antitrust Settlement
Alphabet's Google will pay $700 million and revamp its Play app store to allow for greater competition as part of an antitrust settlement with US states and consumers, according to the company and filings in San Francisco federal court on Monday.
-
Google To Pay $700 Million To Consumers, US States In Antitrust Settlement
Alphabet's Google has agreed to pay $700 million and to allow for greater competition in its Play app store, according to the terms of an antitrust settlement with U.S. states and consumers disclosed on Monday in a San Francisco federal court.
