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CFOs On the Move: Week Ending August 12
Axon, Sonos, New Relic, Revlon, Luckin Coffee, HYCU, Skillshare, Brinks, Performance Food Group, Jane, Kirkland’s
By
Lauren Muskett
| August 12, 2022
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Federal Trade Commission
Technology
Vizio Fined $2M Over Data Collection From TVs
The FTC says Vizio failed to properly disclose to consumers that it was collecting information about their viewing habits and sharing it with third parties.
By
Matthew Heller
| February 6, 2017
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Strategy
Walgreens to Pay $2 Billion Less for Rite Aid
The amended terms of the megamerger reflect the companies' efforts to obtain regulatory approval.
By
Matthew Heller
| January 30, 2017
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Risk & Compliance
Western Union Fined $585M for Aiding Scams
U.S. authorities say Western Union's own agents processed payments for fraudsters in return for a share of the proceeds.
By
Matthew Heller
| January 20, 2017
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Risk & Compliance
Herbalife to Revamp Distributor Compensation
The company will restructure its compensation system to settle FTC charges that it made false promises to distributors about their potential income.
By
Matthew Heller
| July 15, 2016
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Risk & Compliance
Warner Bros. Faulted Over Game Promotion
“Companies like Warner Brothers need to be straight with consumers in their online ad campaigns," the Federal Trade Commission says.
By
Matthew Heller
| July 12, 2016
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Strategy
Staples, Office Depot Stocks Dive on Merger Demise
The two office supply giants scuttled their proposed $6.3 billion merger after a judge said regulators had shown it would be anticompetitive.
By
Katie Kuehner-Hebert
| May 11, 2016
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Technology
Oracle Settles FTC Charges Over Java Security
The regulator alleged Oracle misled consumers into believing its updates addressed security issues that hackers could exploit.
By
Matthew Heller
| December 21, 2015
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Strategy
FTC Rejects Staples’ Offer on Office Depot Deal
Staples' proposal to divest up to $1.25 billion of commercial contracts isn't enough to ease the FTC's concerns that the merger will stifle competition.
By
Katie Kuehner-Hebert
| December 21, 2015
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Legal
Wyndham Settles FTC’s Data Security Charges
The settlement may serve as a template for future enforcement actions against companies over "unreasonable data security."
By
Matthew Heller
| December 9, 2015
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Risk & Compliance
Third Point Hedge Fund Settles Antitrust Case
The New York hedge fund failed to seek antitrust clearance before acquiring shares in Yahoo.
By
Matthew Heller
| August 25, 2015
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Technology
FTC Can Sue Wyndham For Cyber Breach: Court
An appeals court denied Wyndham's motion to dismiss the case against the company for 'exposing consumer data to the risk of theft.'
By
Katie Kuehner-Hebert
| August 24, 2015
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Risk & Compliance
FTC Tackles Meaning of ‘Unfair Competition’
For the first time, the agency outlines how it will use its unfairness powers under antitrust law but a GOP commissioner dissents.
By
Matthew Heller
| August 14, 2015
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Strategy
Dollar Tree Closes $9B Family Dollar Acquisition
The merger clears the final regulatory hurdle after the discount retailers agree to sell 330 Family Dollar stores.
By
Matthew Heller
| July 7, 2015
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Regulation
FTC’s Antitrust Case ‘Pure Fiction’: Sysco
The Federal Trade Commission's attempt to block Sysco's takeover of US Foods heads to a U.S. district court.
By
Katie Kuehner-Hebert
| May 5, 2015
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Risk & Compliance
FTC Sues to Block Sysco-US Foods Merger
Proposed divestitures by Sysco and US Foods would not "counteract the significant competitive harm caused by the merger," says the Federal Trade Commission.
By
Matthew Heller
| February 20, 2015
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