Republished with full copyright permissions from The San Francisco Press. The European Commission has taken decisive action in response to concerns over Meta, the company behind Facebook and Instagram, potentially breaching the Digital Services Act (DSA). Commission President Ursula von der Leyen emphasized the Commission’s commitment to safeguarding European citizens from targeted disinformation and manipulation. She underlined the need for big digital platforms to fulfill their obligations in order to maintain the integrity of democratic elections. The investigation focuses on Meta’s policies and practices in relation to deceptive advertising and political content, as well as the availability of effective third-party … Continue reading European Commission Opens Formal Proceedings to Assess Meta’s Compliance with Digital Services Act

Republished with full copyright permissions from The San Francisco Press. The future of the Federal Reserve is uncertain as the specter of increased presidential influence looms. With the potential re-election of President Donald Trump, there is growing concern about the independence of the central bank and the impact on monetary policy decision-making. Under the current administration, it is clear that President Trump has been at odds with Jerome Powell, the current Fed chair, leading to speculation about potential changes in leadership and the overarching relationship between the White House and the Federal Reserve. In a recent report, it was revealed … Continue reading The Battle for Federal Reserve Independence: An Uncertain Future Under Trump’s Influence

Republished with full copyright permissions from The San Francisco Press. The recent announcement by the Federal Trade Commission (FTC) to ban noncompete clauses has stirred significant controversy within the business community. This move, aimed at fostering greater competition and empowering workers, has led to a legal showdown, with the U.S. Chamber of Commerce and several business groups filing a lawsuit in Texas federal court to challenge the ban. Shortly after the FTC’s decision, concerns were raised by business organizations about the potential overreach of the commission’s authority and the broad impact of the ban. Their lawsuit seeks to halt the … Continue reading U.S. Chamber of Commerce and Business Groups Challenge FTC Ban on Noncompete Clauses

Republished with full copyright permissions from The San Francisco Press. New technologies are shaping the landscape of antitrust regulation, raising concerns over price fixing and discrimination in the consumer market. Lina Khan, the chair of the Federal Trade Commission (FTC), highlighted the potential risks posed by algorithms in fixing prices without explicit coordination, presenting a unique challenge for regulators to address. This signals a potential shift into a novel era of pricing dynamics, demanding a proactive and vigilant approach from antitrust regulators. Khan’s proactive stance reflects a broader trend in heightened antitrust scrutiny, as evidenced by a record number of … Continue reading FTC Chief Says Tech Advancements Risk Healthcare Price Fixing