Official says the proposed $1.4 billion merger had “potential competitive effects.“ The Federal Trade Commission (FTC) announced its support for Amazon withdrawing from the acquisition of iRobot. The…
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U.S. Chamber of Commerce Sues FCC Over Discrimination Rule
The lobbying group says the regulation is overly broad. The U.S. Chamber of Commerce, one of the nation’s largest lobbying groups, has sued the Federal Communications Commission (FCC)…
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Appeals Court Revives Mexico’s Lawsuit Against U.S. Gunmakers
Judicial panel overturns block on lawsuit claiming companies facilitate gun trafficking. The First Circuit Court of Appeals has revived a lawsuit filed by the government of Mexico that…
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Senator Cantwell Drafts First AI Regulation Bills
The measures will be released individually in the near future. Senator Maria Cantwell of Washington, chair of the Senate Commerce, Science, and Transportation Committee, is preparing a series…
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FTC Launches Inquiry into Tech Companies’ AI Investments
The commission examines the impact on competition and innovation. The Federal Trade Commission (FTC) issued orders to Alphabet, Amazon, Anthropic, Microsoft, and OpenAI, requiring them to provide information…
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Fifth Fleet Commander Says Iran Involved in Ship Attacks
He stated Houthi attacks on international shipping “clearly funded and supplied” by Iran. Vice Admiral Brad Cooper, Commander of the U.S. Navy’s Fifth Fleet, said Iran is “very directly…
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Commerce Secretary Announces 2024 Events for Exporters
The Commerce Department plans trade missions and national summits. Secretary of Commerce Gina Raimondo announced the 2024 calendar for exporter events, opening trade missions and small business summits…
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Treasury Sanctions Two Companies Shipping Commodities for Iran
The entities have funded Islamic extremists in the Middle East. The Department of the Treasury sanctioned two companies this month for secretly exporting Iranian commodities on behalf of…
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Federal Judge Orders Removal of Wind Turbines from Tribal Lands
The lawsuit was first brought against an unpermitted wind farm over a decade ago. U.S. Court of International Trade Judge Jennifer Choe-Groves has ordered the removal of all…
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Senate Committee Launches Asthma Inhaler Price Investigation
Legislators note that inhalers sold in USA are significantly more expensive than in other countries. The Senate Health, Education, Labor, and Pensions (HELP) Committee sent letters this week…
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