BMW Japan raided by FTC over allegations it set unfair sales quotas: sources
Japan's Fair Trade Commission raided BMW Japan Corp. on Wednesday for allegedly imposing unreasonable sales quotas on its distributors and making them buy vehicles when they missed the targets. A representative of BMW Japan confirmed that the FTC raid had taken place, and commented that ...
FTC fines YouTube $170 million for violating child privacy law, but critics say that's not enough
Google will pay $170 million to settle allegations its YouTube video service collected personal data on children without their parents' consent. The company agreed to work with video creators to label material aimed at kids and said it will limit data collection when users view ...
FTC compiles draft guidelines for tighter regulations on tech giants and use of customer data
The Fair Trade Commission said Thursday it has compiled draft guidelines for tighter regulation of technology giants in order to strengthen protection of customer data, and aims to introduce the first such rules as early as October. The antitrust watchdog said the guidelines are designed ...
Japan's FTC demands action from four big contractors who keep cropping up in antitrust cases
The apparently unprecedented move by the FTC followed a spate of antitrust violations by companies linked to the four — Obayashi Corp., Kajima Corp., Taisei Corp. and Shimizu Corp.
Japan's monopolies agency reportedly investigating Apple for hammering suppliers
The Fair Trade Commission is investigating Apple Inc. over its pressure on parts makers and whether it abused its power in violation of antimonopoly rules, the Mainichi Shimbun reported Tuesday. The investigation is the latest by regulators against the tech giant after they found last ...
The U.S. Federal Trade Commission is expected to announce a roughly $5 billion settlement with Facebook Inc. as early as this week of its investigation into the social media company's handling of user data, two sources briefed on the matter said on Monday. The FTC, ...
Japanese antimonopoly watchdog drafts guidelines to regulate IT giants
The Fair Trade Commission has drafted guidelines stipulating that it can consider cases where information technology giants obtain personal data without consent as violations of the country's antimonopoly law, it was learned Tuesday. The antimonopoly watchdog will shortly compile a final draft of the guidelines ...
Japan's antitrust law amended to encourage companies under investigation to cooperate with FTC
The Diet enacted Antimonopoly Law amendments on Wednesday designed to provide companies involved in anti-competitive practices with stronger incentives to cooperate in investigations under a leniency system. The House of Councilors approved the amendments by a unanimous vote at a plenary session. The amendments passed ...
Emails show Mark Zuckerberg knew of 'problematic' privacy practices at Facebook, WSJ reports
Facebook Inc. uncovered emails that seem to show Chief Executive Officer Mark Zuckerberg was aware of potentially problematic privacy practices at the company, the Wall Street Journal reported, citing people familiar with the matter. The social media giant discovered the emails in the process of ...
Three contact lens makers raided in Japan over alleged violations of Antimonopoly Law
The Fair Trade Commission raided three contact lens makers Tuesday for allegedly forcing retailers not to list prices on their advertisements in violation of the Antimonopoly Law, it was learned Tuesday. The antitrust watchdog's on-site inspections covered Alcon Japan Ltd., CooperVision Japan Inc. and Seed ...
FCC votes to curb 'scourge' of robocalls, giving carriers OK to take blocking tactics
The U.S. Federal Communications Commission on Thursday voted to help shield you from those unwanted telemarketers and scammers who warn you about fake tax problems or offer too-good-to-be-true vacation packages. The agency, on a 5-0 bipartisan vote, authorized carriers to automatically identify and block unwanted ...
Silicon valley battered as Washington turns up antitrust heat
Technology giants are bracing for sweeping investigations into their business practices as top U.S. antitrust officials and lawmakers carved out a battle plan targeting Silicon Valley's best-known names — sending shares tumbling and raising the prospect of a drawn-out fight with the government. The House ...
