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Lyft fined for duping would-be drivers over potential pay

by Nevil Nickel
Lyft fined for duping would-be drivers over potential pay

When COVID vaccines started becoming widely available in early 2021 and demand for ride-hailing services began to recover, Bay Area company Lyft launched a nationwide campaign to recruit drivers with …

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What an ‘Airbnbopoly’ Game Says About Silicon Valley’s Standoff With Lina Khan

by Mark McDuffie
What an ‘Airbnbopoly’ Game Says About Silicon Valley’s Standoff With Lina Khan

Four years ago, one of Vice President Kamala Harris’ top donors—the billionaire cofounder of LinkedIn Reid Hoffman—celebrated the IPO of Airbnb, a company he was heavily invested in, by fashioning …

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FTC Says Social Media Companies Have Engaged in Surveillance

by Lutz Gotzman
FTC Says Social Media Companies Have Engaged in Surveillance

A report from the Federal Trade Commission (FTC) has found that major social media and video streaming have been engaged in ‘vast surveillance,’ including of children. The FTC published a …

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Kroger and Albertsons merger faces skeptical U.S. government in court

by Mark McDuffie
Kroger and Albertsons merger faces skeptical U.S. government in court

By Dee-Ann Durbin | Associated Press The largest proposed grocery store merger in U.S. history is going to court. On one side are supermarket chains Kroger and Albertsons, which say …

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Japan’s FTC to issue orders to four major nonlife insurers in premium cartel

by Mark McDuffie
Japan’s FTC to issue orders to four major nonlife insurers in premium cartel

The Fair Trade Commission plans to issue cease-and-desist orders to four major nonlife insurers for forming a cartel over premiums for joint insurance contracts for Keisei Electric Railway, in violation …

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Harley-Davidson’s Japan unit raided after quotas force dealers into hardship

by Mark McDuffie
Harley-Davidson’s Japan unit raided after quotas force dealers into hardship

The Fair Trade Commission raided Harley-Davidson’s Japan unit in Tokyo on Tuesday for allegedly imposing excessive sales quotas on its dealers, in violation of the antimonopoly law. Harley-Davidson Japan is …

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Open Source AI Has Founders—and the FTC—Buzzing

by Mark McDuffie
Open Source AI Has Founders—and the FTC—Buzzing

Many of yesterday’s talks were littered with the acronyms you’d expect from this assemblage of high-minded panelists: YC, FTC, AI, LLMs. But threaded throughout the conversations—foundational to them, you might …

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Adobe Exec Says Early Termination Fees Are ‘Like Heroin’ for the Company

by Lutz Gotzman
Adobe Exec Says Early Termination Fees Are ‘Like Heroin’ for the Company

According to an unredacted Federal Trade Commission (FTC) complaint against Adobe, one company executive said that the early termination fees were “a bit like heroin for Adobe” and that removing …

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Microsoft ditches OpenAI board observer seat to avert antitrust scrutiny

by Mark McDuffie
Microsoft ditches OpenAI board observer seat to avert antitrust scrutiny

BRUSSELS – Microsoft has given up its board observer seat at OpenAI in a move aimed at easing U.S. and U.K. antitrust regulators’ concerns about the extent of its control …

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FTC files lawsuit against Adobe over subscription practices

by Mark McDuffie
FTC files lawsuit against Adobe over subscription practices

(The Hill) — Adobe made it intentionally difficult for customers to cancel subscriptions to its products including Photoshop, “trapping users” in expensive contracts, the Federal Trade Commission (FTC) alleged in …

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