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Margrethe Vestager isn’t wasting any time. Just months after becoming the European Union’s competition chief, the Danish politician moved beyond her predecessors’ cautious policies to confront the monsters of the digital and energy worlds – Google and Gazprom. But her ambitious battles on Eastern and Western fronts may have one clear beneficiary: Europe’s mergers and acquisitions boom.
In a matter of weeks, the “Iron Woman of Denmark” picked up dossiers moldering in the filing cabinets of Joaquin Almunia, the prior competition chief, and turned them into action. “There is a lot to do,” Vestager, 47, said Monday in New York.
POLITICO
FTC suffering a cash crunch as it prepares to battle Facebook
The Federal Trade Commission has frozen pay and hiring, explored ways of shrinking its staff, and may need to bring fewer expensive cases, its executive director says in internal emails.
This Jan. 28, 2015, file photo shows the Federal Trade Commission building in Washington. | Alex Brandon, File/AP
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The agency that just launched a landmark antitrust suit to break up Facebook is so strapped for cash that its leaders have discussed shrinking their staff and warned against taking on more cases.
In a series of emails to all Federal Trade Commission staff, obtained by POLITICO, Executive Director David Robbins said the agency would face a period of “belt tightening” to cut costs and that filing fewer cases and trimming litigation expenses must be on the table.
sneak some app purchases behind your back you will be paid back. diane macedo has more on what parents need to know. they leased tens of thousands of complaints about unauthorized purchases by kids. some amounts to thousands of dollars. the commission says apple violated the fcc app by failing to tell parents entering a pass word not only authorized one app purchase but 15 additional minutes of unlimited purchases. apple now has to not only issue millions of dollars of refunds but also billing practices to obtain express concert before charging them for mobile app items. edith ramirez says in a statement this is a victory for
0 computer code that could download 70,000 records in four minutes over the internet no hacking required. we will see kennedy and other experts today on the hill. as far as healthcare policy is concerned the hill newspaper is now reporting that 50 more regulations tied to healthcare are on the way in the next year. keep your eyes open in the next few days for new celebrity ads. magic johnson report recorded a spot talking about the importance of insurance for athletes and encouraging people to enroll today. peter doocy, thank you for joining us. colorado senator mark udall tried to fudge the number of cancellations in his state. a member of his own congressional delegation says yes. corey gardener is demanding an investigation after udall s staff tried to bully the colorado insurance commissioner into lowering the number of and the trust worthiness of the people who defend it. the cheating allegations surfaced during a separate drug investigation. more benghazi bombshells. a ne