The antitrust lawsuit against the e-commerce behemoth is the result of a years-long investigation into Amazon’s businesses competition.
The Federal Trade Commission said that it has secured the record-breaking settlements for two cases from Epic Games Inc.
Federal regulators have taken legal action to block Facebook parent Meta and its CEO Mark Zuckerberg from acquiring virtual reality company Within Unlimited and its fitness app Supernatural.
A lawsuit filed by the Federal Trade Commission claims Meta participated in “anti-competitive conduct" and violated antitrust laws.
“Manufacturers, be warned: It’s time to clean up your act and let people fix their stuff,” said Nathan Proctor, a right-to-repair policy advocate.
Rohit Chopra, a Trump appointee to the Federal Trade Commission, took a not-so-subtle jab at the tech giant.
“When you signal to the industry, ‘Totally go to town, do whatever you want, you’re safe with us,’ they will."
Consumers' concerns about privacy aren't academic -- they can have real consequences on our economy. Studies show that when consumers are concerned about their privacy, they limit their online economic and civic activities.