The FTC also alleges that Amazon is charging its sellers exorbitant fees, in many cases close to 50 percent of their revenue: “These fees harm not only sellers but also shoppers, who pay increased prices for thousands of products sold on or off Amazon,” the FTC argued in its filing.
Microsoft, AI
· 22h · on MSN
FTC says partnerships like Microsoft-OpenAI raise antitrust concerns
· 1d · on MSN
FTC examines AI deals between Microsoft & OpenAI, Amazon, Google & Anthropic
The FTC is concerned about Big Tech-AI startup partnerships — Microsoft-Open AI raises alarms
The FTC warns that multi-billion-dollar partnerships between Big Tech and AI startups could lead to the monopolization of the AI and cloud computing sectors.
Filing details $400 million license for smart robot system and claims retail giant’s “reverse acquihire” contract limits competition and merits antitrust scrutiny.
Lina Khan, who was tapped by President Joe Biden to lead the FTC, is set to be replaced by President-elect Donald Trump’s pick Andrew Ferguson.
The Democratic enforcer significantly expanded the agency’s remit; now the new GOP administration will decide how to follow through.
Microsoft Corp.’s $13 billion investment in OpenAI raises concerns that the tech giant could extend its dominance in cloud computing into the nascent artificial intelligence market, the Federal Trade Commission said in a report released Friday.
In a complaint filed Wednesday, the FTC alleged that since 2018, GoDaddy has failed to implement reasonable and appropriate security measures to protect and monitor its website-hosting environments for security threats and misled customers about the extent of its data security protections on its website hosting services.
Microsoft Corp.’s US$13 billion investment in OpenAI raises concerns that the tech giant could extend its dominance in cloud computing into the nascent artificial intelligence (AI) market, the United States Federal Trade Commission (FTC) said in a report released Friday.
Federal Trade Commission Chair Lina Khan said she hopes the Trump administration won't give Amazon and Facebook parent Meta a "sweetheart deal" in pending antitrust cases by her agency. Khan was ...
Publishing.com's claims about passive income from AI-generated Amazon books have drawn complaints about undisclosed fees and aggressive sales tactics.
The FTC says "Genshin Impact deceived children, teens, and other players into spending hundreds of dollars on prizes they stood little chance of winning."
Chair Lina Khan suggested Tuesday that Meta and other companies facing antitrust lawsuits from the agency might be looking for “sweetheart deals” from the
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