Hints and tips:
...Epic Games will pay a total of $520mn in a pair of settlements with the US Federal Trade Commission over claims that the Fortnite developer illegally collected data on children and manipulated millions of...
...The regulator has filed a civil suit against Binance in Illinois federal court....
...Similarly dubious practices resulted in Fortnite creator Epic Games agreeing this week to pay a $520mn settlement to the US Federal Trade Commission....
...The investment comes a week after regulators at the US Federal Trade Commission intervened in JAB Consumer Partners’ acquisition of SAGE Veterinary Partners, forcing the JAB investment vehicle to divest...
...The V-shaped recovery has not materialised for economies in general, but it has for trade, where a rebound in manufacturing and high demand for consumer durables has led to a sharp recovery....
...Citi claims “bitcoin’s global reach and neutrality could spur it to become the currency of choice for international trade”. Jemima Kelly pours scorn on the claim....
...(FT) US brokers’ race to attract investors The era of commission-free trading has driven a relentless race to defend market share, fuelling a trading frenzy....
...Some on the centre-left want a new federal arrangement, which would increase Scotland’s influence in Westminster....
...Mike Pompeo on Wednesday said US-UK trade talks were on track “for a successful conclusion”, but Joe Biden was less optimistic....
...The Department of Justice has taken the US chipmaker’s side as Qualcomm tries to overturn its loss at trial last year in a Federal Trade Commission lawsuit filed in the final days of the Obama administration...
...(FT) Economists are still too upbeat Economists initially, and over-optimistically, embraced a relatively quick V-shaped recovery....
...For instance, the US Federal Reserve has relaxed some bank liquidity requirements while the Securities and Exchange Commission has waived some requirements on recording traders’ calls....
...It is the reason that the US Federal Trade Commission recently announced it would re-examine old acquisitions done by large technology companies....
...Now with the disease reaching Europe, economists fear more disruption to supply chains, trade and tourism. The European Commission this week earmarked €232m to help contain the disease....
...This fascinating study from the Federal Reserve of San Francisco examines the long-run economic impact of 12 global pandemics stretching back to the 14th century....
...The inquiry would find that Trump was warned countless times of the epidemic threat in his presidential daily briefings, by federal scientists, the health secretary Alex Azar, Peter Navarro, his trade adviser...
...The Trade Desk SECTOR: TECHNOLOGY / HQ: VENTURA, US A year ago The Trade Desk was a promising adtech business that was smaller than the large advertising groups it serves....
...Those promises were enough to convince Ajit Pai, the Republican-leaning chairman of the Federal Communications Commission, that the deal was a go....
...As well as officials from the Federal Communications Commission, there will be representatives from the Department of Defense, the Department of Commerce and a “big delegation” from the Department of State...
...Mike Cowie Partner, Dechert Mike Cowie worked at the Federal Trade Commission in the 2000s where he led a group looking at hospital mergers....
...Additional reporting by Tim Bradshaw Apple v Qualcomm: two years of conflict January 2017 US Federal Trade Commission sues Qualcomm, alleging monopolistic behaviour and charging of excessive licence fees...
...(Reuters, NYT, FT) In the news Qualcomm loses Apple patent fight The International Trade Commission ruled against banning the import of several iPhone models to the US, dealing a blow to chipmaker Qualcomm...
...In September, Rohit Chopra, a Democratic commissioner at the Federal Trade Commission, said the regulator should craft rules to clamp down on non-competes, arguing that they suppressed wages....
...(FT) For more trade news sign up to our Free Trade newsletter, which is now twice weekly....
...Then in 1977 came two Supreme Court decisions, first Brunswick Corp. v. Pueblo Bowl-O-Mat and then Continental TV v. GTE Sylvania....
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