The Biden administration wants to arm its antitrust enforcements with stricter rules to clamp down on Big Tech mergers, but the tough talk didn't faze tech companies that are in the midst of an acquisition frenzy.
A federal judge allowed the Federal Trade Commission's antitrust lawsuit against Facebook to proceed Tuesday, dismissing the social media giant's request that the case be dismissed.
A company once owned by "Pharma Bro" Martin Shkreli will pay up to $40 million to settle allegations that it jacked up the price of a life-saving medication by roughly 4,000% after obtaining exclusive rights to the drug, the Federal Trade Commission announced Tuesday.
A probe by the Biden administration into nine major U.S. companies' profits amid the global supply chain crisis was lambasted Tuesday by researchers at a libertarian think tank as a fishing expedition bent on blaming businesses for regulatory problems.
A probe by the Biden administration into nine major U.S. companies' profits amid the global supply chain crisis was lambasted Tuesday by researchers at a libertarian think tank as a fishing expedition bent on blaming businesses for regulatory problems.