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Prikvačeni tweet
Thread: If you want more rights to prevent companies from spying on your every move online, here’s a quiet fight that’s brewing in Washington that you should pay attention to. It’s called preemption – that’s the ability of Congress to hit delete on all state data protection laws.
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Rohit Chopra proslijedio/la je Tweet
Today at noon: I'll be interviewing FTC Commissioner
@chopraftc at@NewAmerica's Open Technology Institute event on privacy and encryption. Join us:https://bit.ly/2SgQeLdHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
The FTC is considering updates to the Contact Lens Rule. Below are disclosures of meetings where organizations have advocated before me outside of the public comment period: Meeting with
@AOAConnect: https://www.ftc.gov/system/files/documents/rules/contact-lens-rule/contact_lens_rule_snprm_ex_parte_communication_chopra_and_am_optometrists_assn.pdf … Meeting with@1800CONTACTS: https://www.ftc.gov/system/files/documents/rules/contact-lens-rule/16_cfr_315_1-800_contacts_memo_11-1-2019.pdf …Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
When companies buy up rivals to short-circuit competition, regulators must act. The FTC sued in federal court to block the merger of Edgewell (owner of Schick) and
@Harrys. Schick and@Gillette allegedly enjoyed a razor duopoly that Harry's disrupted.$EPChttps://www.ftc.gov/news-events/press-releases/2020/02/ftc-files-suit-block-edgewell-personal-care-companys-acquisition …Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
The FTC should have also charged Vyera, Martin Shkreli, and Kevin Mulleady with violating consumer protection law by hiking off-patent drug prices while choking off entrants. State AGs and the FTC should use this authority to combat illegal price hikes.https://www.ftc.gov/public-statements/2020/01/concurring-statement-commissioner-rohit-chopra-matter-vyera …
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The complaint seeks monetary relief to provide redress to purchasers who overpaid for the drug. It also seeks to restore competition in the market, halt ongoing anticompetitive conduct, and prevent the defendants from engaging in this behavior again.https://www.ftc.gov/news-events/press-releases/2020/01/ftc-ny-attorney-general-charge-vyera-pharmaceuticals-martin …
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The
@FTC and@NewYorkStateAG just sued Vyera, its parent company, and its owners, Mr. Martin Shkreli and Mr. Kevin Mulleady. The companies, under the direction of these men, executed an elaborate scheme to block generic entry of a life-saving drug.https://money.cnn.com/2016/08/25/news/economy/daraprim-aids-drug-high-price/index.html …Prikaži ovu nitHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
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Instead of playing whack-a-mole, we should consider banning 'confessions of judgement' altogether. The FTC is the sole federal regulator of nonbank small business lending practices, and we need to get moving to protect consumers and honest businesses. https://www.ftc.gov/system/files/documents/public_statements/1519282/opening_remarks_for_small_business_forum.pdf …
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Today, the FTC announced an action against Grand Teton, a credit repair outfit that used these 'confessions of judgment' to coerce consumers. Other outfits that use these terms should take notice. https://www.ftc.gov/news-events/press-releases/2020/01/defendants-ftc-credit-repair-scheme-case-agree-settle-charges …pic.twitter.com/2FGAGzUaI1
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'Confessions of judgment' are contract clauses that force you to automatically plead guilty when a company sues you. The FTC banned this unfair term in consumer credit contracts, but it's cropping up in new places -- especially in small business lending.https://www.bloomberg.com/graphics/2018-confessions-of-judgment/ …
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A few weeks ago, the FTC voted to challenge the merger of Post Holdings and TreeHouse Foods in the private-label cereal market. The companies just announced that they have abandoned the proposed merger.
$THS$POSThttps://www.marketwatch.com/story/treehouse-post-holdings-end-their-deal-on-cereal-bars-2020-01-13 …Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
We need a comprehensive framework to assess the modern threats to competition. Failing to block harmful mergers has immense consequences. We shouldn't sell out tomorrow’s innovators by ignoring threats posed by today’s incumbents. My statement:https://www.ftc.gov/public-statements/2020/01/statement-commissioner-rohit-chopra-regarding-request-comment-vertical …
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Our government needs to do a better job of policing against anticompetitive deals. The DOJ and FTC proposed a new vertical merger policy, but the draft misses the mark. It doesn’t reflect economic reality or all of the harms vertical deals can inflict.https://www.ftc.gov/news-events/press-releases/2020/01/ftc-doj-announce-draft-vertical-merger-guidelines-public-comment …
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Vertical mergers are one way that dominant firms can succeed through bullying rather than competing on the merits. New businesses can’t get off the ground if powerful companies are allowed to merge into markets that they can rig to their own advantage and choke off rivals.
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The FTC has sued FleetCor and CEO Ronald Clarke for fleecing truckers looking to save on fuel. According to the suit,
$FLT claimed customers would be protected from unauthorized charges and have no set-up, transaction, or membership fees. This was false.https://www.ftc.gov/news-events/press-releases/2019/12/ftc-alleges-fuel-card-marketer-fleetcor-charged-hundreds-millions …Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
Facial recognition algorithms tested by gov't researchers at
@NIST revealed serious bias. False match rates for Asians and African Americans were up to 100x higher than for white men. If widely deployed, this will have real consequences for our country.https://www.washingtonpost.com/technology/2019/12/19/federal-study-confirms-racial-bias-many-facial-recognition-systems-casts-doubt-their-expanding-use/ …Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
These companies know almost everything about our lives, but we know so little about them. The FTC needs to use its authorities to look under the hood and report the facts on this industry, its business practices, and the risks they pose to us.
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Americans are subjected to always-on geolocation tracking that allow companies to monetize our every move. It's false to claim that this data is completely anonymous. We can be individually tracked, raising real risks to our safety and national security.https://www.nytimes.com/interactive/2019/12/19/opinion/location-tracking-cell-phone.html …
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The
@CMAgovUK has just released an update on its digital dominance investigation. The British agency notes that a "lack of real competition to Google and Facebook could mean people are already missing out on the next great new idea from a potential rival."https://www.gov.uk/government/news/cma-lifts-the-lid-on-digital-giants …Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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