E-PaperFederal Trade Commission News
Aurobindo’s Sandoz deal may face further delays
US Federal Trade Commission is yet to clear the deal announced last yearIn 2018, Aurobindo announced it will buy Sandoz’s commercial operations for $900 million
2 min read30 Jul 2019Tech giants brace for face-off with Congress
Critics say big tech firms can use their power to thwart competition from smaller rivalsOne possible explanation is that rising market concentration across industries effectively shuts out entry by new businesses
3 min read16 Jul 2019Qualcomm kicks off crucial fight with US antitrust regulator
If the government prevails in the 10-day, non-jury trial before U.S. District Judge Lucy Koh, in San Jose, California, Qualcomm could be forced to change its practices for licensing a trove of patents to manufacturers like iPhone maker Apple Inc.
2 min read5 Jan 2019Facebook risks millions of dollars in FTC fines over data crisis
Federal Trade Commission could fine Facebook up to $40,000 per violation per day if it finds the social media giant broke its earlier promises to protect user data
4 min read29 Mar 2018News in Numbers: Govt to raise Rs2,88,000 crore by selling bonds from April-September
In other news, Donald Trump has ordered 60 Russian diplomates to leave the country
3 min read27 Mar 2018US FTC probing Facebook data scandal: report
The US Federal Trade Commission, a consumer and competition watchdog, is investigating Facebook after a major data scandal that affected 50 million users
1 min read21 Mar 2018Apple sanctioned in Qualcomm FTC case over withheld evidence
A US judge granted sanctions against Apple for dragging its feet in turning over documents in the FTC's lawsuit accusing Qualcomm of forcing the iPhone maker to use its chips exclusively
1 min read23 Dec 2017Lenovo settles charges it sold laptops with compromised user security
Lenovo has agreed to pay $3.5 million and make changes in how it sells laptops to settle allegations it sold devices with software that compromised users' security
1 min read5 Sep 2017Uber to end post-trip tracking of riders as part of privacy push
Uber is pulling a heavily criticized feature from its app that allowed it to track riders for up to five minutes after a trip, in a bid to fix its poor reputation for customer privacy
2 min read29 Aug 2017Amazon’s Whole Foods deal wins swift US antitrust approval
Amazon's proposed purchase of Whole Foods wins quick US antitrust approval, showing that concerns about the growing power of tech firms weren't enough to derail the acquisition
3 min read24 Aug 2017Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared