Justice Department moves to prevent the $2.2 billion merger. The trial between Penguin Random House and the Justice Department began on Monday in the District of Columbia U.S.…
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Legislation Would Guarantee Refunds for Canceled Flights
Senator Ed Markey of Massachusetts says, “Enough is enough.” Legislation was introduced Monday in both the House and Senate that would require airlines to provide cash refunds to…
Read MoreFTC Proposes Anti-Scam Car Resale Rules
Could ban bait-and-switch advertising and junk fees. The Federal Trade Commission (FTC) has proposed rules to improve consumers’ used-car-buying experience. Though the FTC has been enforcing its current…
Read MoreFTC to Investigate Pharmacy Benefit Managers
FTC chair says powerful middlemen have enormous influence. The Federal Trade Commission is launching an inquiry into the operations of pharmacy benefit managers (PBMs) who control access to…
Read MorePresident Orders Study of Cryptocurrency Risk
Wants consideration of creating a U.S. digital currency. President Biden signed an executive order last week instructing agencies across the federal government to study the possible risks presented…
Read MoreVideo Platform CEO’s to Appear Before Senate Committee
The hearing will investigate apps’ negative impact on children. The Senate Commerce Consumer Protection subcommittee announced that it would be hearing testimony this week from three major internet…
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