FTC to Investigate Broadcom's Business Practices
The U.S. Federal Trade Commission today said it is investigating potential anticompetitive negotiating tactics used by Broadcom. Of note, the FTC believes Broadcom has altered its practices by requiring some customers to buy a certain percentage of its production items, rather than an absolute number or quantity. This can lead to companies overbuying. The FTC has issued subpoenas seeking more information from Broadcom on the matter. In a brief statement, Broadcom insisted the investigation will not impact its wireless business nor its attempt to buy Qualcomm. Qualcomm is itself the focus of a separate FTC antitrust investigation.
Mar 26, 2018
The Federal Trade Commission today said it is examining Facebook's privacy policies and practices. The inquiry comes as a result of the Cambridge Analytica scandal, which saw the data of millions of Facebook users shared by an app to an analysis firm that use it create profiles of U.S.
Jan 17, 2017
The U.S. Federal Trade Commission today filed a complaint against Qualcomm, alleging the chip-maker uses its market position to monopolize the sale of cell phone baseband processors.
Feb 8, 2018
Qualcomm's board of directors today unanimously rejected Broadcom's revised bid to acquire the company for $121 billion. Qualcomm's board continues to insist that Broadcom is undervaluing Qualcomm's overall worth.
May 31, 2018
AT&T today indicated it is prepared to settle with the U.S. Federal Trade Commission over allegations that it throttled users' mobile data speeds without property informing them.
Apr 10, 2018
The FTC today sent letters to six different companies warning them that their warranty practices may run afoul of the law. The six business, which were not named, are major companies that make cars, cell phones, and gaming systems.