FTC actively fights corporate abuses: Hip Hip Hooray For Hipster Antitrust
Key points:
- FTC has won numerous cases against deceptive practices, like fake apartment listings and online reviews.
- Fines levied against companies like Epic, Microsoft, and Amazon for privacy violations and exploiting children.
- Tackling anti-competitive mergers like Nvidia-ARM and private equity rollups.
- Pushing for Right to Repair, Click to Cancel, and combating deceptive UI (“dark patterns”).
- Collaborating with DOJ on new merger guidelines and reviving dormant laws.
- Increased enforcement activity deters anti-competitive behavior across sectors.
Overall message:
- Contrary to negative portrayals, the FTC is actively pursuing and winning cases against corporate abuses.
- Their actions have broader positive impacts beyond individual wins, deterring harmful behavior and inspiring global action.
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