The Federal Trade Commission has referred a complaint against Snap Inc. (NYSE:SNAP) to the Department of Justice, according to a public statement made by the U.S. government agency Thursday. The complaint against the Snapchat parent is connected to the deployment of "My AI" chatbot on the company's platform,
In an unusual move, the Federal Trade Commission has released a statement announcing that it has referred a complaint against Snapchat owner Snap Inc. to the Department of Justice ... and the FTC said in its statement that "although the Commission does ...
On January 16, 2025, in the waning hours of the Biden-Harris administration, the Department of Justice (DOJ) and Federal Trade Commission
The regulatory agency will likely take a kinder approach to divestiture proposals by merger parties under its new leadership, one antitrust attorney said.
Snap shares closed down 5% on Thursday after the Federal Trade Commission said it would refer a complaint against the company to the Department of Justice. TakeAway Points: The company’s stock fell 5% after the Federal Trade Commission announced that it would forward a complaint against Snap to the Department of Justice.
The week before the Biden administration sunsets, DOJ and FTC issued guidance around a number of key issues, including noncompete agreements and training reimbursement.
In March 2024, the Federal Trade Commission (FTC), the Department of Justice (DOJ) and the Department of Health and Human Services
Snap, the owners of social media app Snapchat, has been referred to the Department of Justice because of allegedly causing "risks and harms" to young users
The Federal Trade Commission has referred to the Department of Justice a complaint against Snap (SNAP), Inc. The complaint pertains to the
Attorney General Merrick Garland had agreed not to make the special counsel's findings public while the Justice Department appealed a judge's dismissal of the case.
The FTC said property manager Greystar charged consumers hidden fees adding up to "hundreds of millions of dollars."