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FTC: State bans on Tesla’s direct sales model are hurting competition

25

Apr

2014

Tesla has just gained a valuable ally in its battle to sell cars directly to customers: the Federal Trade Commission. The regulator now argues that state bans on direct sales are protectionist, propping up the traditional dealership business model rather than protecting companies from unfair abuses by automakers. Its the competitive process that should decide […]

Category CA Technologies Tech Written by Engadget 0 Comments

US government approves Facebook’s purchase of Oculus

23

Apr

2014

Were not sure there was ever much doubt, but the US government has given the thumbs up to Facebooks $2 billion purchase of Oculus VR. The Federal Trade Commission examined the deal and found that it would not violate American antitrust laws. Now with most of the regulatory hurdles cleared, the focus can shift to […]

Category CA Technologies Tech Written by Engadget 0 Comments

Facebook says WhatsApp deal cleared by FTC

11

Apr

2014

By Alexei Oreskovic SAN FRANCISCO (Reuters) – Facebook Inc said U.S. regulators have cleared its $19 billion acquisition of mobile messaging service WhatsApp, even as the Federal Trade Commission warned the two Internet companies on Thursday that they must not backtrack on commitments to user privacy. The FTCs Bureau of Consumer Protection, in a letter […]

Category CA Technologies Tech Written by Yahoo 0 Comments

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FTC: State bans on Tesla’s direct sales model are hurting competition

US government approves Facebook’s purchase of Oculus

Facebook says WhatsApp deal cleared by FTC

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