Tag: FTC

Commentary: Giving the FTC More Power Won’t Keep Kids Safe Online

Wisconsin Daily Star Staff

We have seen a rise in parents concerned about social media’s impact on our children across Tennessee and America. As a proud parent and the chairman of Latinos for Tennessee, I firmly believe that parents must play a central role in ensuring the safety of our children online. I also firmly believe in states’ rights and that when it comes to enforcing legislation to protect our children, I trust Tennessee’s own Attorney General Jonathan Skrmetti much more than the bureaucrat-heavy Federal Trade Commission (FTC).

I have previously written that the well-being of future generations depends on our federal representatives taking appropriate action to protect children by empowering parents. This issue has become even more pressing as children increase their daily screen time. As a leader in the Latino community, I worry because, “Latino adolescents have a higher rate of social media use” and “face greater risks of experiencing adverse mental health outcomes,” according to the Julian Samora Research Institute at Michigan State University.

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Iowa Joins Coalition of States Including Minnesota, Wisconsin, to Sue China-Owned Subsidiary Syngenta and Indiana-Based Corteva

The Center Square

The State of Iowa is suing pesticide manufacturers Syngenta and Corteva.

Ten states and the Federal Trade Commission filed a complaint Thursday in the U.S. District Court in the Middle District of North Carolina.

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Iowa Joins Coalition of States Including Minnesota, Wisconsin, to Sue China-Owned Subsidiary Syngenta and Indiana-Based Corteva

The Center Square

The State of Iowa is suing pesticide manufacturers Syngenta and Corteva.

Ten states and the Federal Trade Commission filed a complaint Thursday in the U.S. District Court in the Middle District of North Carolina.

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Biden Asks Asian Countries to Release Oil Reserves as Administration Scrambles to Combat High Gas Prices: Report

Wisconsin Daily Star Staff
Joe Biden

The Biden administration asked China, Japan, South Korea and India to tap into their emergency oil reserves as the president continues to grapple with rising gasoline prices, Reuters reported.

The effort to simultaneously release oil reserves represents a rebuke of the Organization of the Petroleum Exporting Countries (OPEC), the cartel that controls oil production throughout the Middle East, several anonymous sources familiar with the request told Reuters on Wednesday. OPEC has repeatedly rejected requests from President Joe Biden and other top administration officials to increase oil production amid rising gasoline prices.

The four Asian nations the president appealed to represent some of the largest energy consumers and greenhouse gas emitters, according to a University of Oxford database.

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Facebook Fined Nearly $70 Million After Ignoring UK Government Orders

Peter D'Abrosca

Facebook’s seemingly-unending stream of bad publicity continued this week, when it was fined nearly $70 million by the United Kingdom for what is being described as a deliberate lack of compliance into an anti-trust investigation. 

The UK’s Competition and Markets Authority (CMA) has been investigating Facebook’s acquisition of Giphy for nearly a year, and ordered the company to produce information “required information related to an initial enforcement order (IEO) placed on it by the watchdog, despite repeated requests for it to do so,” according to TechCrunch. 

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U.S. Files New Complaint Against Facebook over Monopoly Concerns

Wisconsin Daily Star Staff

The U.S. government amended its antitrust complaint against Facebook on Thursday, bolstering allegations that the tech company illegally maintained a monopoly.

The amended complaint follows the Federal Trade Commission’s (FTC) dismissed December 2020 complaint which failed to adequately prove the tech giant’s monopoly in the “Personal Social Networking Services” market.

The FTC alleges that Facebook illegally acquired competitors WhatsApp and Instagram in order to stifle competition, maintaining monopoly power by preventing competitors from operating on Facebook software.

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