[ad_1] The Justice Department has 45 days to bring a case once it is referred. If it declines, the FTC can proceed on its own. An FTC spokesperson declined to comment. It could not be learned whether the FTC is interested in settling the case, and the company declined toContinue Reading
[ad_1] The Federal Trade Commission has decided it won’t challenge Amazon’s $3.9 billion deal for primary care provider One Medical, according to a person with direct knowledge of the matter. The time period in which the FTC can sue to block the deal prior to its closing expires today, theContinue Reading
[ad_1] “The FTC’s investigation of Amazon’s acquisition of One Medical continues,” said FTC spokesperson Douglas Farrar. “The commission will continue to look at possible harms to competition created by this merger as well as possible harms to consumers that may result from Amazon’s control and use of sensitive consumer healthContinue Reading
[ad_1] Bloomberg earlier reported the outcome of Davila’s rulings. The case was the first to challenge a consumer tech deal from the FTC under Chair Lina Khan — the influential antitrust thinker whom Biden nominated to one of the most powerful corporate watchdog jobs in the federal government. The hearingContinue Reading